Compare today's AMD to EUR (Armenian Dram to Euro) exchange rates
Interbank Exchange Rate: 1 AMD = 0.0023 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 Latvia. 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.
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 Armenia.
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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 AMD | 0.00 EUR |
| 5 AMD | 0.01 EUR |
| 10 AMD | 0.02 EUR |
| 25 AMD | 0.06 EUR |
| 50 AMD | 0.11 EUR |
| 100 AMD | 0.23 EUR |
| 150 AMD | 0.35 EUR |
| 200 AMD | 0.46 EUR |
| 250 AMD | 0.58 EUR |
| 300 AMD | 0.69 EUR |
| 400 AMD | 0.92 EUR |
| 500 AMD | 1.15 EUR |
| 600 AMD | 1.38 EUR |
| 700 AMD | 1.61 EUR |
| 800 AMD | 1.84 EUR |
| 1,000 AMD | 2.30 EUR |
| 1,500 AMD | 3.45 EUR |
| 2,000 AMD | 4.60 EUR |
| 2,500 AMD | 5.75 EUR |
| 3,000 AMD | 6.90 EUR |
| 4,000 AMD | 9.20 EUR |
| 5,000 AMD | 11.50 EUR |
| 10,000 AMD | 23.00 EUR |
| 15,000 AMD | 34.50 EUR |
| 20,000 AMD | 46.00 EUR |
| 30,000 AMD | 69.00 EUR |
| 40,000 AMD | 92.00 EUR |
| 50,000 AMD | 115.00 EUR |
| 100,000 AMD | 230.00 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 Latvia from Armenia?
Sending money internationally to Latvia from Armenia can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Armenian Dram to EUR remittances.
Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Latvia. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Euro.
How to get the best rate to transfer money to Latvia from Armenia?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Latvia 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 Euro 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 Latvia corridor to give you more good choices for your next EUR money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to transfer money from Armenia to Latvia?
When you want to send money to Latvia from Armenia, you obviously want the cheapest possible option to maximize the money your recipient gets in Euro. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your AMD to EUR money transfers.Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Armenia to Latvia. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.
That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Armenia to Latvia exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Euro overseas.
How to send money to Latvia from Armenia through a bank?
Bank transfers have been a traditionally popular way to send money overseas from Armenia to Latvia. 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 EUR 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 Latvia 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 Latvia?
It could be a stressful experience if you need to rush money quickly from Armenia to Latvia. 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 EUR. 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 Euro. 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 Latvia money transfers.
Which are the best money transfer companies to send money from Armenia to Latvia?
The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Armenia to Latvia, we can help you in choosing the best provider.There are several key points you would want to check for; these include, but are not limited to, the best Armenian Dram to Euro exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.
After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your EUR money transfers to Latvia. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.
Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Latvia getting more money for every Armenian Dram you send.
Step by step guide to send money from Armenia to Latvia
Follow the below easy steps to send money to Latvia 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 Latvia).
- 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.