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Compare today's DZD to EUR (Algerian Dinar to Euro) exchange rates

Algeria
Austria
DZD
Interbank Exchange Rate: 1 DZD = 0.0066 EUR
Updated about an hour ago

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All you need to know about Algerian Dinar to Euro money transfers

Easily compare money transfer providers in one place to send money from Algeria to Austria. Send money overseas to your loved ones by comparing Algerian Dinar (DZD) to Euro (EUR) 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.

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Latest DZD to EUR Conversion Rates

Here are some latest DZD to EUR (Algerian Dinar to Euro) exchange rates for popular conversion amounts*.

1 DZD0.01 EUR
5 DZD0.03 EUR
10 DZD0.07 EUR
25 DZD0.17 EUR
50 DZD0.33 EUR
100 DZD0.66 EUR
150 DZD0.99 EUR
200 DZD1.32 EUR
250 DZD1.65 EUR
300 DZD1.98 EUR
400 DZD2.64 EUR
500 DZD3.30 EUR
600 DZD3.96 EUR
700 DZD4.62 EUR
800 DZD5.28 EUR
1,000 DZD6.60 EUR
1,500 DZD9.90 EUR
2,000 DZD13.20 EUR
2,500 DZD16.50 EUR
3,000 DZD19.80 EUR
4,000 DZD26.40 EUR
5,000 DZD33.00 EUR
10,000 DZD66.00 EUR
15,000 DZD99.00 EUR
20,000 DZD132.00 EUR
30,000 DZD198.00 EUR
40,000 DZD264.00 EUR
50,000 DZD330.00 EUR
100,000 DZD660.00 EUR

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


What's the best way to transfer money from Algeria to Austria?

With the global remittance market booming, there are so many choices for Algerian Dinar to EUR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Austria from Algeria. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final EUR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best remit rate for transferring money from Algeria to Austria?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Austria from Algeria. 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 DZD to Euro 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 Algeria to Austria corridor to give you more good choices for your next EUR money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money from Algeria to Austria?

When you want to send money to Austria from Algeria, you obviously want the cheapest possible option to maximize the money your recipient gets in Euro. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your DZD to EUR money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Algeria to Austria. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Algeria to Austria exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Euro overseas.


Should I use my bank to transfer money from Algeria to Austria?

Bank transfers have been a traditionally popular way to send money overseas from Algeria to Austria. 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 DZD to EUR 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 Algeria bank for your Austria 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 Algeria to Austria fast?

The speed of your Algerian Dinar to Euro 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 DZD to EUR. 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 Austria from Algeria 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 Austria 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 EUR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Algeria bank to Austria bank transfer.


Which are the best money transfer companies to send money from Algeria to Austria?

Since the Algerian Dinar to Euro 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 Algeria that may also be able to send money to Austria. 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 DZD to EUR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Austria gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Algeria to Austria transaction.


Step by step guide to send money from Algeria to Austria

There are many important aspects of Algeria to Austria 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 - Algeria 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 EUR 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 Algerian Dinar amount you want to send from Algeria.
  • 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 Austria to validate that they get the money once the transaction clears.