Compare today's AMD to DOP (Armenian Dram to Dominican Peso) exchange rates
Interbank Exchange Rate: 1 AMD = 0.1672 DOP
Updated about an hour ago
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All you need to know about Armenian Dram to Dominican Peso money transfers
Easily compare money transfer providers in one place to send money from Armenia to Dominican Republic. Send money overseas to your loved ones by comparing Armenian Dram (AMD) to Dominican Peso (DOP) 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 DOP Conversion Rates
Here are some latest AMD to DOP (Armenian Dram to Dominican Peso) exchange rates for popular conversion amounts*.
| 1 AMD | 0.17 DOP |
| 5 AMD | 0.84 DOP |
| 10 AMD | 1.67 DOP |
| 25 AMD | 4.18 DOP |
| 50 AMD | 8.36 DOP |
| 100 AMD | 16.72 DOP |
| 150 AMD | 25.08 DOP |
| 200 AMD | 33.44 DOP |
| 250 AMD | 41.80 DOP |
| 300 AMD | 50.16 DOP |
| 400 AMD | 66.88 DOP |
| 500 AMD | 83.60 DOP |
| 600 AMD | 100.32 DOP |
| 700 AMD | 117.04 DOP |
| 800 AMD | 133.76 DOP |
| 1,000 AMD | 167.20 DOP |
| 1,500 AMD | 250.80 DOP |
| 2,000 AMD | 334.40 DOP |
| 2,500 AMD | 418.00 DOP |
| 3,000 AMD | 501.60 DOP |
| 4,000 AMD | 668.80 DOP |
| 5,000 AMD | 836.00 DOP |
| 10,000 AMD | 1,672.00 DOP |
| 15,000 AMD | 2,508.00 DOP |
| 20,000 AMD | 3,344.00 DOP |
| 30,000 AMD | 5,016.00 DOP |
| 40,000 AMD | 6,688.00 DOP |
| 50,000 AMD | 8,360.00 DOP |
| 100,000 AMD | 16,720.00 DOP |
*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 Dominican Republic?
With the global remittance market booming, there are so many choices for Armenian Dram to DOP money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Dominican Republic from Armenia. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final DOP amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best rate to transfer money to Dominican Republic from Armenia?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Dominican Republic from Armenia. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.One way you could eliminate the manual work to search and compare providers for your AMD to Dominican Peso money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.
We are also constantly adding new partners for the Armenia to Dominican Republic corridor to give you more good choices for your next DOP money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way for transferring money to Dominican Republic from Armenia?
The final amount your recipient gets when you send AMD to DOP 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 Dominican Republic 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 Dominican Peso 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 Dominican Republic 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 from Armenia to Dominican Republic through a bank?
There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low AMD to DOP exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Armenia to Dominican Republic money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.
Most of the remittance companies today offer bank to bank transfers for sending money to Dominican Republic from Armenia. They do this by letting you fund your transaction through your local bank account in Armenia, and by allowing you to choose the payout to be your recipient's bank account in Dominican Republic. But, you are likely to get much better rates and lower fees compared to your bank.
How to send money from Armenia to Dominican Republic fast?
It could be a stressful experience if you need to rush money quickly from Armenia to Dominican Republic. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert AMD to DOP. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Dominican Peso. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Armenia to Dominican Republic money transfers.
Which are the best money transfer companies to transfer money from Armenia to Dominican Republic?
Since the Armenian Dram to Dominican Peso 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 Dominican Republic. 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 DOP money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Dominican Republic 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 Dominican Republic transaction.
Step by step guide to send money from Armenia to Dominican Republic
Follow the below easy steps to send money to Dominican Republic 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 Dominican Republic).
- 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.