Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's GEL to NGN (Georgian Lari to Nigerian Naira) exchange rates

Georgia
Nigeria
GEL

Interbank Exchange Rate: 1 GEL = 509.8142 NGN
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Georgian Lari to Nigerian Naira money transfers

Easily compare money transfer providers in one place to send money from Georgia to Nigeria. Send money overseas to your loved ones by comparing Georgian Lari (GEL) to Nigerian Naira (NGN) 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 Georgia.

Were you looking to send money from Nigeria to Georgia 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 GEL to NGN Conversion Rates

Here are some latest GEL to NGN (Georgian Lari to Nigerian Naira) exchange rates for popular conversion amounts*.

1 GEL509.81 NGN
5 GEL2,549.07 NGN
10 GEL5,098.14 NGN
25 GEL12,745.36 NGN
50 GEL25,490.71 NGN
100 GEL50,981.42 NGN
150 GEL76,472.13 NGN
200 GEL101,962.84 NGN
250 GEL127,453.55 NGN
300 GEL152,944.26 NGN
400 GEL203,925.68 NGN
500 GEL254,907.10 NGN
600 GEL305,888.52 NGN
700 GEL356,869.94 NGN
800 GEL407,851.36 NGN
1,000 GEL509,814.20 NGN
1,500 GEL764,721.30 NGN
2,000 GEL1,019,628.40 NGN
2,500 GEL1,274,535.50 NGN
3,000 GEL1,529,442.60 NGN
4,000 GEL2,039,256.80 NGN
5,000 GEL2,549,071.00 NGN
10,000 GEL5,098,142.00 NGN
15,000 GEL7,647,213.00 NGN
20,000 GEL10,196,284.00 NGN
30,000 GEL15,294,426.00 NGN
40,000 GEL20,392,568.00 NGN
50,000 GEL25,490,710.00 NGN
100,000 GEL50,981,420.00 NGN

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


What's the best way to do Georgia to Nigeria money transfers?

It can be very confusing when sending money from Georgia to Nigeria given so many choices. Additionally, Georgian Lari to NGN exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Georgia to Nigeria as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Nigeria from Georgia. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Georgian Lari to Nigerian Naira remittances.


How to get the best exchange rate for sending money from Georgia to Nigeria?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Nigeria from Georgia. 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 GEL to Nigerian Naira 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 Georgia to Nigeria corridor to give you more good choices for your next NGN 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 Nigeria from Georgia?

The final amount your recipient gets when you send GEL to NGN 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 Georgia to Nigeria 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 Nigerian Naira 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 Georgian Lari to Nigeria 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.


How to send money to Nigeria from Georgia through a bank?

We do not recommend using your local bank in Georgia for your next GEL to NGN overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Georgia to Nigeria (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending NGN to Nigeria. These companies will let you use your local bank account in Georgia to pay for your Nigeria money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to do a money transfer to Nigeria from Georgia?

It could be a stressful experience if you need to rush money quickly from Georgia to Nigeria. 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 GEL to NGN. 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 Nigerian Naira. 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 Georgia to Nigeria money transfers.


Which are the best money transfer companies to transfer money to Nigeria from Georgia?

Georgia to Nigeria money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Nigeria as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Georgian Lari to Nigerian Naira money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to Nigeria from Georgia

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Georgia to Nigeria, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Georgia to Nigeria that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Nigeria where they can receive monies in Nigerian Naira.
  • Then, provide details of your Georgia bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your GEL travel to another part of the globe.