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Compare today's GMD to KYD (Gambian Dalasi to Cayman Islands Dollar) exchange rates

Gambia
Cayman Islands
GMD

Interbank Exchange Rate: 1 GMD = 0.0114 KYD
Updated about an hour ago

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All you need to know about Gambian Dalasi to Cayman Islands Dollar money transfers

Easily compare money transfer providers in one place to send money from Gambia to Cayman Islands. Send money overseas to your loved ones by comparing Gambian Dalasi (GMD) to Cayman Islands Dollar (KYD) 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 Gambia.

Were you looking to send money from Cayman Islands to Gambia instead?

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 GMD to KYD Conversion Rates

Here are some latest GMD to KYD (Gambian Dalasi to Cayman Islands Dollar) exchange rates for popular conversion amounts*.

1 GMD0.01 KYD
5 GMD0.06 KYD
10 GMD0.11 KYD
25 GMD0.29 KYD
50 GMD0.57 KYD
100 GMD1.14 KYD
150 GMD1.71 KYD
200 GMD2.28 KYD
250 GMD2.85 KYD
300 GMD3.42 KYD
400 GMD4.56 KYD
500 GMD5.70 KYD
600 GMD6.84 KYD
700 GMD7.98 KYD
800 GMD9.12 KYD
1,000 GMD11.40 KYD
1,500 GMD17.10 KYD
2,000 GMD22.80 KYD
2,500 GMD28.50 KYD
3,000 GMD34.20 KYD
4,000 GMD45.60 KYD
5,000 GMD57.00 KYD
10,000 GMD114.00 KYD
15,000 GMD171.00 KYD
20,000 GMD228.00 KYD
30,000 GMD342.00 KYD
40,000 GMD456.00 KYD
50,000 GMD570.00 KYD
100,000 GMD1,140.00 KYD

*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 Cayman Islands from Gambia?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Gambia to Cayman Islands. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Gambian Dalasi to KYD.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send GMD to KYD in Cayman Islands. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Cayman Islands from Gambia. We provide you with maximum choices to send money to Cayman Islands by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Cayman Islands from Gambia?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Cayman Islands from Gambia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your GMD to Cayman Islands Dollar remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for GMD to KYD remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Gambia to Cayman Islands?

The final amount your recipient gets when you send GMD to KYD is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Gambia to Cayman Islands used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Cayman Islands Dollar is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Gambian Dalasi to Cayman Islands exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to transfer money from Gambia to Cayman Islands?

Bank transfers have been a traditionally popular way to send money overseas from Gambia to Cayman Islands. 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 GMD to KYD 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 Gambia bank for your Cayman Islands 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 Gambia to Cayman Islands fast?

It could be a stressful experience if you need to rush money quickly from Gambia to Cayman Islands. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert GMD to KYD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Cayman Islands Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Gambia to Cayman Islands money transfers.


Which are the best money transfer companies to send money from Gambia to Cayman Islands?

Comparing money transfer companies for sending money to Cayman Islands from Gambia can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Cayman Islands. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Gambian Dalasi to Cayman Islands Dollar transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Cayman Islands Dollar yield on every Gambian Dalasi that you send.


Step by step guide to send money from Gambia to Cayman Islands

The first step to send money to Cayman Islands from Gambia is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your GMD to KYD overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Cayman Islands if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Gambia bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Cayman Islands!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Gambia to Cayman Islands.