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Compare today's GMD to ERN (Gambian Dalasi to Eritrean Nakfa) exchange rates

Gambia
Eritrea
GMD

Interbank Exchange Rate: 1 GMD = 0.2055 ERN
Updated about an hour ago

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All you need to know about Gambian Dalasi to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Gambia to Eritrea. Send money overseas to your loved ones by comparing Gambian Dalasi (GMD) to Eritrean Nakfa (ERN) 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 Eritrea 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 ERN Conversion Rates

Here are some latest GMD to ERN (Gambian Dalasi to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 GMD0.21 ERN
5 GMD1.03 ERN
10 GMD2.05 ERN
25 GMD5.14 ERN
50 GMD10.27 ERN
100 GMD20.55 ERN
150 GMD30.83 ERN
200 GMD41.10 ERN
250 GMD51.38 ERN
300 GMD61.65 ERN
400 GMD82.20 ERN
500 GMD102.75 ERN
600 GMD123.30 ERN
700 GMD143.85 ERN
800 GMD164.40 ERN
1,000 GMD205.50 ERN
1,500 GMD308.25 ERN
2,000 GMD411.00 ERN
2,500 GMD513.75 ERN
3,000 GMD616.50 ERN
4,000 GMD822.00 ERN
5,000 GMD1,027.50 ERN
10,000 GMD2,055.00 ERN
15,000 GMD3,082.50 ERN
20,000 GMD4,110.00 ERN
30,000 GMD6,165.00 ERN
40,000 GMD8,220.00 ERN
50,000 GMD10,275.00 ERN
100,000 GMD20,550.00 ERN

*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 Eritrea from Gambia?

Sending money internationally to Eritrea from Gambia 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 Gambian Dalasi to ERN 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 Eritrea. 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 Eritrean Nakfa.


How to get the best exchange rate for your money transfers from Gambia to Eritrea?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Eritrea.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Gambia to Eritrea transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your GMD to Eritrean Nakfa money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money from Gambia to Eritrea?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Gambia to Eritrea via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Gambian Dalasi to Eritrean Nakfa remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Gambia to Eritrea exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for GMD to ERN remittances.


Should I use my bank to transfer money from Gambia to Eritrea?

Big banks in Gambia are known to make a lot of money by charging high fees on Eritrea money transfers from Gambia. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a GMD to ERN exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Eritrea. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Gambia to Eritrea. You work hard for your money, so you should also ensure you get the maximum yield when you send ERN overseas.


How to send money to Eritrea from Gambia fast?

The speed of your Gambian Dalasi to Eritrean Nakfa funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert GMD to ERN. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Eritrea from Gambia is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Eritrea if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout ERN into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Gambia bank to Eritrea bank transfer.


Which are the best money transfer companies to transfer money from Gambia to Eritrea?

Since the Gambian Dalasi to Eritrean Nakfa 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 Gambia that may also be able to send money to Eritrea. 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 GMD to ERN money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Eritrea gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Gambia to Eritrea transaction.


Step by step guide to send money to Eritrea from Gambia

With so many possible ways to transfer Gambian Dalasi to Eritrean Nakfa, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Gambia to Eritrea remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Gambia and the receiver in Eritrea. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your GMD to Eritrean Nakfa money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.