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

Compare today's DZD to HUF (Algerian Dinar to Hungarian Forint) exchange rates

Algeria
Hungary
DZD

Interbank Exchange Rate: 1 DZD = 2.4748 HUF
Updated about an hour ago

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All you need to know about Algerian Dinar to Hungarian Forint money transfers

Easily compare money transfer providers in one place to send money from Algeria to Hungary. Send money overseas to your loved ones by comparing Algerian Dinar (DZD) to Hungarian Forint (HUF) 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 Algeria.

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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 DZD to HUF Conversion Rates

Here are some latest DZD to HUF (Algerian Dinar to Hungarian Forint) exchange rates for popular conversion amounts*.

1 DZD2.47 HUF
5 DZD12.37 HUF
10 DZD24.75 HUF
25 DZD61.87 HUF
50 DZD123.74 HUF
100 DZD247.48 HUF
150 DZD371.22 HUF
200 DZD494.96 HUF
250 DZD618.70 HUF
300 DZD742.44 HUF
400 DZD989.92 HUF
500 DZD1,237.40 HUF
600 DZD1,484.88 HUF
700 DZD1,732.36 HUF
800 DZD1,979.84 HUF
1,000 DZD2,474.80 HUF
1,500 DZD3,712.20 HUF
2,000 DZD4,949.60 HUF
2,500 DZD6,187.00 HUF
3,000 DZD7,424.40 HUF
4,000 DZD9,899.20 HUF
5,000 DZD12,374.00 HUF
10,000 DZD24,748.00 HUF
15,000 DZD37,122.00 HUF
20,000 DZD49,496.00 HUF
30,000 DZD74,244.00 HUF
40,000 DZD98,992.00 HUF
50,000 DZD123,740.00 HUF
100,000 DZD247,480.00 HUF

*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 Hungary?

It can be very confusing when sending money from Algeria to Hungary given so many choices. Additionally, Algerian Dinar to HUF 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 Algeria to Hungary 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 Hungary from Algeria. 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 Algerian Dinar to Hungarian Forint remittances.


How to get the best exchange rate for sending money from Algeria to Hungary?

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 Hungary.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Algeria to Hungary 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 DZD to Hungarian Forint 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 to Hungary from Algeria?

The final amount your recipient gets when you send DZD to HUF 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 Algeria to Hungary 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 Hungarian Forint 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 Algerian Dinar to Hungary 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.


Should I use my bank to send money from Algeria to Hungary?

We do not recommend using your local bank in Algeria for your next DZD to HUF 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 Algeria to Hungary (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 HUF to Hungary. These companies will let you use your local bank account in Algeria to pay for your Hungary money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Hungary from Algeria fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Algeria to Hungary. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert DZD to HUF fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Algerian Dinar amount reaching Hungary. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Hungarian Forint quickly to Hungary, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money to Hungary from Algeria?

Since the Algerian Dinar to Hungarian Forint 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 Hungary. 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 HUF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Hungary 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 Hungary transaction.


Step by step guide to do a money transfer from Algeria to Hungary

With so many possible ways to transfer Algerian Dinar to Hungarian Forint, 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 Algeria to Hungary 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 Algeria and the receiver in Hungary. 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 DZD to Hungarian Forint money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.