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

Compare today's AMD to CAD (Armenian Dram to Canadian Dollar) exchange rates

Armenia
Canada
AMD
Interbank Exchange Rate: 1 AMD = 0.0037 CAD
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Armenian Dram to Canadian Dollar money transfers

Easily compare money transfer providers in one place to send money from Armenia to Canada. Send money overseas to your loved ones by comparing Armenian Dram (AMD) to Canadian Dollar (CAD) 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.

Were you looking to send money from Canada to Armenia instead?

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.

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.


Latest AMD to CAD Conversion Rates

Here are some latest AMD to CAD (Armenian Dram to Canadian Dollar) exchange rates for popular conversion amounts*.

1 AMD0.00 CAD
5 AMD0.02 CAD
10 AMD0.04 CAD
25 AMD0.09 CAD
50 AMD0.19 CAD
100 AMD0.37 CAD
150 AMD0.56 CAD
200 AMD0.74 CAD
250 AMD0.93 CAD
300 AMD1.11 CAD
400 AMD1.48 CAD
500 AMD1.85 CAD
600 AMD2.22 CAD
700 AMD2.59 CAD
800 AMD2.96 CAD
1,000 AMD3.70 CAD
1,500 AMD5.55 CAD
2,000 AMD7.40 CAD
2,500 AMD9.25 CAD
3,000 AMD11.10 CAD
4,000 AMD14.80 CAD
5,000 AMD18.50 CAD
10,000 AMD37.00 CAD
15,000 AMD55.50 CAD
20,000 AMD74.00 CAD
30,000 AMD111.00 CAD
40,000 AMD148.00 CAD
50,000 AMD185.00 CAD
100,000 AMD370.00 CAD

*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 Armenia to Canada?

There are many good choices when it comes to sending money from Armenia to Canada. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Armenian Dram to CAD money transfers.

We compare different remittance companies to bring you the best options to send money to Canada from Armenia. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Armenian Dram to Canadian Dollar money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Armenia to Canada?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Canada from Armenia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your AMD to Canadian Dollar remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for AMD to CAD remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money from Armenia to Canada?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Armenia to Canada via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Armenian Dram to Canadian Dollar remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Armenia to Canada exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for AMD to CAD remittances.


How to send money from Armenia to Canada through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Armenia to Canada. 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 AMD to CAD 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 Armenia bank for your Canada 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.


What is the fastest way to transfer money from Armenia to Canada?

If you need to convert AMD to CAD 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 Armenia to Canada 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 Armenian Dram to Canadian Dollar 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 Canada.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Armenia to Canada. 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 transfer money from Armenia to Canada?

Since the Armenian Dram to Canadian Dollar 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 Armenia that may also be able to send money to Canada. 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 AMD to CAD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Canada gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Armenia to Canada transaction.


Step by step guide to do a money transfer from Armenia to Canada

There are many important aspects of Armenia to Canada 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 - Armenia 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 CAD 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 Armenian Dram amount you want to send from Armenia.
  • 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 Canada to validate that they get the money once the transaction clears.