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

Compare today's TZS to GMD (Tanzanian Shilling to Gambian Dalasi) exchange rates

Tanzania
Gambia
TZS

Interbank Exchange Rate: 1 TZS = 0.0284 GMD
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Tanzanian Shilling to Gambian Dalasi money transfers

Easily compare money transfer providers in one place to send money from Tanzania to Gambia. Send money overseas to your loved ones by comparing Tanzanian Shilling (TZS) 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 Tanzania.

Were you looking to send money from Gambia to Tanzania 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 TZS to GMD Conversion Rates

Here are some latest TZS to GMD (Tanzanian Shilling to Gambian Dalasi) exchange rates for popular conversion amounts*.

1 TZS0.03 GMD
5 TZS0.14 GMD
10 TZS0.28 GMD
25 TZS0.71 GMD
50 TZS1.42 GMD
100 TZS2.84 GMD
150 TZS4.26 GMD
200 TZS5.68 GMD
250 TZS7.10 GMD
300 TZS8.52 GMD
400 TZS11.36 GMD
500 TZS14.20 GMD
600 TZS17.04 GMD
700 TZS19.88 GMD
800 TZS22.72 GMD
1,000 TZS28.40 GMD
1,500 TZS42.60 GMD
2,000 TZS56.80 GMD
2,500 TZS71.00 GMD
3,000 TZS85.20 GMD
4,000 TZS113.60 GMD
5,000 TZS142.00 GMD
10,000 TZS284.00 GMD
15,000 TZS426.00 GMD
20,000 TZS568.00 GMD
30,000 TZS852.00 GMD
40,000 TZS1,136.00 GMD
50,000 TZS1,420.00 GMD
100,000 TZS2,840.00 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 Tanzania?

Sending money internationally to Gambia from Tanzania 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 Tanzanian Shilling 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 exchange rate for sending money from Tanzania to Gambia?

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 Gambia.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Tanzania to Gambia 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 TZS to Gambian Dalasi 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 Tanzania to Gambia?

One of the most important things to watch out for is hidden fees when sending money to Gambia from Tanzania. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Gambia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Gambian Dalasi foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best TZS to Gambia exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Gambia from Tanzania.


Should I use my bank to send money from Tanzania to Gambia?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low TZS to GMD exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Tanzania to Gambia money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Gambia from Tanzania. They do this by letting you fund your transaction through your local bank account in Tanzania, and by allowing you to choose the payout to be your recipient's bank account in Gambia. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Tanzania to Gambia fast?

The speed of your Tanzanian Shilling to Gambian Dalasi 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 TZS to GMD. 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 Gambia from Tanzania 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 Gambia 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 GMD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Tanzania bank to Gambia bank transfer.


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

The first step in selecting the best money transfer operators for Tanzania to Gambia remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Tanzanian Shilling to Gambian Dalasi money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Gambia.


Step by step guide to send money from Tanzania to Gambia

There are many important aspects of Tanzania 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 - Tanzania 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 Tanzanian Shilling amount you want to send from Tanzania.
  • 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.