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Compare today's CVE to GMD (Cape Verde Escudo to Gambian Dalasi) exchange rates

Cape Verde
Gambia
CVE

Interbank Exchange Rate: 1 CVE = 0.7834 GMD
Updated about an hour ago

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All you need to know about Cape Verde Escudo to Gambian Dalasi money transfers

Easily compare money transfer providers in one place to send money from Cape Verde to Gambia. Send money overseas to your loved ones by comparing Cape Verde Escudo (CVE) to Gambian Dalasi (GMD) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Cape Verde.

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If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest CVE to GMD Conversion Rates

Here are some latest CVE to GMD (Cape Verde Escudo to Gambian Dalasi) exchange rates for popular conversion amounts*.

1 CVE0.78 GMD
5 CVE3.92 GMD
10 CVE7.83 GMD
25 CVE19.59 GMD
50 CVE39.17 GMD
100 CVE78.34 GMD
150 CVE117.51 GMD
200 CVE156.68 GMD
250 CVE195.85 GMD
300 CVE235.02 GMD
400 CVE313.36 GMD
500 CVE391.70 GMD
600 CVE470.04 GMD
700 CVE548.38 GMD
800 CVE626.72 GMD
1,000 CVE783.40 GMD
1,500 CVE1,175.10 GMD
2,000 CVE1,566.80 GMD
2,500 CVE1,958.50 GMD
3,000 CVE2,350.20 GMD
4,000 CVE3,133.60 GMD
5,000 CVE3,917.00 GMD
10,000 CVE7,834.00 GMD
15,000 CVE11,751.00 GMD
20,000 CVE15,668.00 GMD
30,000 CVE23,502.00 GMD
40,000 CVE31,336.00 GMD
50,000 CVE39,170.00 GMD
100,000 CVE78,340.00 GMD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to Gambia from Cape Verde?

Sending money internationally to Gambia from Cape Verde can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Cape Verde Escudo to GMD remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Gambia. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Gambian Dalasi.


How to get the best rate to transfer money to Gambia from Cape Verde?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Gambia from Cape Verde. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your CVE to Gambian Dalasi money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Cape Verde to Gambia corridor to give you more good choices for your next GMD money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way for transferring money to Gambia from Cape Verde?

When you want to send money to Gambia from Cape Verde, you obviously want the cheapest possible option to maximize the money your recipient gets in Gambian Dalasi. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your CVE to GMD money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Cape Verde to Gambia. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Cape Verde to Gambia exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Gambian Dalasi overseas.


Should I use my bank to transfer money from Cape Verde to Gambia?

Bank transfers have been a traditionally popular way to send money overseas from Cape Verde to Gambia. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the CVE to GMD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Cape Verde bank for your Gambia money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money from Cape Verde to Gambia fast?

If you need to convert CVE to GMD as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Cape Verde to Gambia could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Cape Verde Escudo to Gambian Dalasi funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Gambia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Cape Verde to Gambia. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to transfer money from Cape Verde to Gambia?

Since the Cape Verde Escudo to Gambian Dalasi money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Cape Verde that may also be able to send money to Gambia. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your CVE to GMD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Gambia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Cape Verde to Gambia transaction.


Step by step guide to do a money transfer from Cape Verde to Gambia

There are many important aspects of Cape Verde to Gambia remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Cape Verde bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include GMD bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Cape Verde Escudo amount you want to send from Cape Verde.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Gambia to validate that they get the money once the transaction clears.