Compare Korea South Won to Guyana Dollar For Sending Money to Guyana from USA

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Mid Market Rate

The mid-market rate is the midpoint between the buy and sell prices of two currencies.
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Make money transfers and manage your account online 24 hours a day, 7 days a week from any device. XE Money has some best customer reviews we have ever seen, which shows that the users are satisfied with its services.

More Available Options

You can check rates of some more providers that may support your country
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.

About USD and GYD

The USD-GYD remittance is one of the highest recorded international money transfers in South America, accruing to about $176,000,000. Being the only English speaking country in South America, Guyana has developed good relations with the US, leading to easing cross border transfers between the two states. 

This means that it is not only possible to send money from US to Guyana but also this remittance can be done easily and fast. Here at Exchange Rate IQ, our main aim is that you are informed on some of the best money transfer companies in the market. 

The best way to send money from US to Guyana

  1. Peer to peer wire transfer

    banks are a good consideration if you want to transfer money from US to Guyana. They offer excellent services when it comes to international money transfers. One good thing about banks is that they have a strong refund policy that they strive to honor. In addition to that, they have competitive exchange rates despite their charges being the opposite of that. However, sending money to banks of the same brand may help you save a little bit on the cost.

  2. Online remittance services

    Not all money transfer companies offer remittance to Guyana from the US. However, the few transfer companies that do so do it with so much control and efficiency that they may leave you speechless. For instance, Xoom offers competitive exchange rates, even better than banks when sending money from US to Guyana. 

  3. Direct cash-service provider

    Also known as In-store service providers, these transfer service providers are highly competitive when it comes to offering better services. Their rates are fair, they charge less on the transaction costs and they deliver cash almost instantly from the moment you place your transfer order. Travelex and Western Union are the two most common service providers that fall into this category. They have their agents and ATMs located at various points hence it is difficult to miss them. 

3 things to consider before sending money to Guyana from US

After taking a close look at the transfer options that we have displayed to you, you have to weigh certain factors against others and see which ones suit your needs. Through this, you will know what to look for when comparing money transfer options. Your needs may change your pick often depending on time and the prevailing economic and political situations of a state. You thus have to be flexible enough to choose different transfer options based on that.

Important things to put in mind when sending money from US to Guyana include: 

  1. Exchange rate margin: It should be low to enable you to get the most out of your transfer. You have to make sure that the exchange rate you are being offered is close to the interbank rate to get the most GYD for your USD.


  2. Cost and speed: You have to choose a service provider that is fast for your money to reach on time. Choosing a slow option may save you some fees. You, therefore, have to know when to choose a fast service provider with more fees or a slow one with the least fees. 


  3. Mode of delivery: Whether you want your money picked up as cash at a local agent or sent to a Guyana based bank account, you can narrow down to a company that has your exact delivery method.

FAQ's

What if my money gets lost?

Chances of losses if you use the right service provider is very low. However, in case of any inconveniences, your service provider should be able to sort you out either through refunds or any form of compensation you will be comfortable with.

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Can I track my money until it reaches my recipient?

You can easily track your money using the transaction number that many banks and money transfer companies issue to the sender, and that is you in this case.

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How long does it take for my money to reach Guyana?

It can take days or minutes depending on the service you choose. XE Money for example can provide you with instant money transfer for free. Western Union can provide you the same speed of service but a fee. Finding the fastest way to send money from US to Guyana is not the problem, it is what suits you that matters.

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Historical Mid Market Exchange Rate From Korea South Won (KRW) to Guyana Dollar (GYD) (Weekly)

Current Exchange Rate(Mid Market) :- 0.17 GYD/KRW

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion KRW To GYD

Send Korea South Won To GUYANA Receive Guyana Dollar
1 KRW TO GYD 0.17
50 KRW TO GYD 8.5
100 KRW TO GYD 17
250 KRW TO GYD 42.5
500 KRW TO GYD 85
1000 KRW TO GYD 170
5000 KRW TO GYD 850
10000 KRW TO GYD 1700
Send Guyana Dollar Receive Korea South Won From GUYANA
1 GYD FROM KRW --
50 GYD FROM KRW --
100 GYD FROM KRW --
250 GYD FROM KRW --
500 GYD FROM KRW --
1000 GYD FROM KRW --
5000 GYD FROM KRW --
10000 GYD FROM KRW --

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