Compare today's AMD to DZD (Armenian Dram to Algerian Dinar) exchange rates
Interbank Exchange Rate: 1 AMD = 0.3442 DZD
Updated about an hour ago
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All you need to know about Armenian Dram to Algerian Dinar money transfers
Easily compare money transfer providers in one place to send money from Armenia to Algeria. Send money overseas to your loved ones by comparing Armenian Dram (AMD) to Algerian Dinar (DZD) 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 AMD to DZD Conversion Rates
Here are some latest AMD to DZD (Armenian Dram to Algerian Dinar) exchange rates for popular conversion amounts*.
| 1 AMD | 0.34 DZD |
| 5 AMD | 1.72 DZD |
| 10 AMD | 3.44 DZD |
| 25 AMD | 8.61 DZD |
| 50 AMD | 17.21 DZD |
| 100 AMD | 34.42 DZD |
| 150 AMD | 51.63 DZD |
| 200 AMD | 68.84 DZD |
| 250 AMD | 86.05 DZD |
| 300 AMD | 103.26 DZD |
| 400 AMD | 137.68 DZD |
| 500 AMD | 172.10 DZD |
| 600 AMD | 206.52 DZD |
| 700 AMD | 240.94 DZD |
| 800 AMD | 275.36 DZD |
| 1,000 AMD | 344.20 DZD |
| 1,500 AMD | 516.30 DZD |
| 2,000 AMD | 688.40 DZD |
| 2,500 AMD | 860.50 DZD |
| 3,000 AMD | 1,032.60 DZD |
| 4,000 AMD | 1,376.80 DZD |
| 5,000 AMD | 1,721.00 DZD |
| 10,000 AMD | 3,442.00 DZD |
| 15,000 AMD | 5,163.00 DZD |
| 20,000 AMD | 6,884.00 DZD |
| 30,000 AMD | 10,326.00 DZD |
| 40,000 AMD | 13,768.00 DZD |
| 50,000 AMD | 17,210.00 DZD |
| 100,000 AMD | 34,420.00 DZD |
*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 Algeria from Armenia?
Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Armenia to Algeria. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Armenian Dram to DZD.You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send AMD to DZD in Algeria. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.
With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Algeria from Armenia. We provide you with maximum choices to send money to Algeria by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best remit rate for transferring money from Armenia to Algeria?
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 Algeria.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Armenia to Algeria 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 AMD to Algerian Dinar 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 Algeria from Armenia?
The final amount your recipient gets when you send AMD to DZD 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 Armenia to Algeria 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 Algerian Dinar 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 Armenian Dram to Algeria 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.
How to send money to Algeria from Armenia through a bank?
One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Armenia to Algeria money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like AMD to DZD transfers.
Given this, there are umpteen additional options to send money to Algeria instead of just your Armenia bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Armenian Dram even more so that your recipient in Algeria gets the maximum amount.
What is the fastest way to transfer money from Armenia to Algeria?
The speed of your Armenian Dram to Algerian Dinar 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 AMD to DZD. 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 Algeria from Armenia 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 Algeria 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 DZD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Armenia bank to Algeria bank transfer.
Which are the best money transfer companies to send money from Armenia to Algeria?
Armenia to Algeria money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Algeria as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.
Once you have defined your parameters, selecting the best Armenian Dram to Algerian Dinar money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.
Step by step guide to send money to Algeria from Armenia
Follow the below easy steps to send money to Algeria from Armenia.- 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 Armenia bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Algeria).
- 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.
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.