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Compare today's DZD to RWF (Algerian Dinar to Rwandan Franc) exchange rates

Algeria
Rwanda
DZD

Interbank Exchange Rate: 1 DZD = 11.2536 RWF
Updated about an hour ago

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All you need to know about Algerian Dinar to Rwandan Franc money transfers

Easily compare money transfer providers in one place to send money from Algeria to Rwanda. Send money overseas to your loved ones by comparing Algerian Dinar (DZD) to Rwandan Franc (RWF) 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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Latest DZD to RWF Conversion Rates

Here are some latest DZD to RWF (Algerian Dinar to Rwandan Franc) exchange rates for popular conversion amounts*.

1 DZD11.25 RWF
5 DZD56.27 RWF
10 DZD112.54 RWF
25 DZD281.34 RWF
50 DZD562.68 RWF
100 DZD1,125.36 RWF
150 DZD1,688.04 RWF
200 DZD2,250.72 RWF
250 DZD2,813.40 RWF
300 DZD3,376.08 RWF
400 DZD4,501.44 RWF
500 DZD5,626.80 RWF
600 DZD6,752.16 RWF
700 DZD7,877.52 RWF
800 DZD9,002.88 RWF
1,000 DZD11,253.60 RWF
1,500 DZD16,880.40 RWF
2,000 DZD22,507.20 RWF
2,500 DZD28,134.00 RWF
3,000 DZD33,760.80 RWF
4,000 DZD45,014.40 RWF
5,000 DZD56,268.00 RWF
10,000 DZD112,536.00 RWF
15,000 DZD168,804.00 RWF
20,000 DZD225,072.00 RWF
30,000 DZD337,608.00 RWF
40,000 DZD450,144.00 RWF
50,000 DZD562,680.00 RWF
100,000 DZD1,125,360.00 RWF

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


What's the best way to do Algeria to Rwanda money transfers?

It can be very confusing when sending money from Algeria to Rwanda given so many choices. Additionally, Algerian Dinar to RWF 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 Rwanda 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 Rwanda 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 Rwandan Franc remittances.


How to get the best rate to transfer money to Rwanda from Algeria?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Algeria to Rwanda transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your DZD to Rwandan Franc international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Algerian Dinar to Rwandan Franc exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to transfer money from Algeria to Rwanda?

Finding the cheapest way to send money from Algeria to Rwanda might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer DZD to RWF via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Algeria to Rwanda exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money from Algeria to Rwanda through a bank?

We do not recommend using your local bank in Algeria for your next DZD to RWF 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 Rwanda (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 RWF to Rwanda. These companies will let you use your local bank account in Algeria to pay for your Rwanda 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 Rwanda from Algeria?

If you need to convert DZD to RWF as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Algeria to Rwanda could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Algerian Dinar to Rwandan Franc funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Rwanda.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Algeria to Rwanda. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

The first step in selecting the best money transfer operators for Algeria to Rwanda 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 Algerian Dinar to Rwandan Franc 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 Rwanda.


Step by step guide to transfer money to Rwanda from Algeria

Follow the below easy steps to send money to Rwanda from Algeria.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Algeria bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Rwanda).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your DZD to RWF remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.