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Compare today's AMD to EUR (Armenian Dram to Euro) exchange rates

Armenia
Cyprus
AMD
Interbank Exchange Rate: 1 AMD = 0.0022 EUR
Updated about an hour ago

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All you need to know about Armenian Dram to Euro money transfers

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

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

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Latest AMD to EUR Conversion Rates

Here are some latest AMD to EUR (Armenian Dram to Euro) exchange rates for popular conversion amounts*.

1 AMD0.00 EUR
5 AMD0.01 EUR
10 AMD0.02 EUR
25 AMD0.06 EUR
50 AMD0.11 EUR
100 AMD0.22 EUR
150 AMD0.33 EUR
200 AMD0.44 EUR
250 AMD0.55 EUR
300 AMD0.66 EUR
400 AMD0.88 EUR
500 AMD1.10 EUR
600 AMD1.32 EUR
700 AMD1.54 EUR
800 AMD1.76 EUR
1,000 AMD2.20 EUR
1,500 AMD3.30 EUR
2,000 AMD4.40 EUR
2,500 AMD5.50 EUR
3,000 AMD6.60 EUR
4,000 AMD8.80 EUR
5,000 AMD11.00 EUR
10,000 AMD22.00 EUR
15,000 AMD33.00 EUR
20,000 AMD44.00 EUR
30,000 AMD66.00 EUR
40,000 AMD88.00 EUR
50,000 AMD110.00 EUR
100,000 AMD220.00 EUR

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


What's the best way to send money to Cyprus from Armenia?

There are many good choices when it comes to sending money from Armenia to Cyprus. 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 EUR money transfers.

We compare different remittance companies to bring you the best options to send money to Cyprus 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 Euro money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Cyprus from Armenia?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your AMD to Euro money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Armenia to Cyprus. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for AMD to EUR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


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

The final amount your recipient gets when you send AMD to EUR 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 Cyprus 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 Euro 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 Cyprus 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 transfer money from Armenia to Cyprus?

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 Cyprus 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 EUR transfers.

Given this, there are umpteen additional options to send money to Cyprus 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 Cyprus gets the maximum amount.


How to send money to Cyprus from Armenia fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Armenia to Cyprus. 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 AMD to EUR 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 Armenian Dram amount reaching Cyprus. 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 Euro quickly to Cyprus, 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 Cyprus from Armenia?

Since the Armenian Dram 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 Armenia that may also be able to send money to Cyprus. 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 EUR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Cyprus 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 Cyprus transaction.


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

Follow the below easy steps to send money to Cyprus 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 Cyprus).
  • 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 AMD to EUR 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.