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Compare today's AMD to NGN (Armenian Dram to Nigerian Naira) exchange rates

Armenia
Nigeria
AMD

Interbank Exchange Rate: 1 AMD = 3.6314 NGN
Updated about an hour ago

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All you need to know about Armenian Dram to Nigerian Naira money transfers

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

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

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.

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.


Latest AMD to NGN Conversion Rates

Here are some latest AMD to NGN (Armenian Dram to Nigerian Naira) exchange rates for popular conversion amounts*.

1 AMD3.63 NGN
5 AMD18.16 NGN
10 AMD36.31 NGN
25 AMD90.79 NGN
50 AMD181.57 NGN
100 AMD363.14 NGN
150 AMD544.71 NGN
200 AMD726.28 NGN
250 AMD907.85 NGN
300 AMD1,089.42 NGN
400 AMD1,452.56 NGN
500 AMD1,815.70 NGN
600 AMD2,178.84 NGN
700 AMD2,541.98 NGN
800 AMD2,905.12 NGN
1,000 AMD3,631.40 NGN
1,500 AMD5,447.10 NGN
2,000 AMD7,262.80 NGN
2,500 AMD9,078.50 NGN
3,000 AMD10,894.20 NGN
4,000 AMD14,525.60 NGN
5,000 AMD18,157.00 NGN
10,000 AMD36,314.00 NGN
15,000 AMD54,471.00 NGN
20,000 AMD72,628.00 NGN
30,000 AMD108,942.00 NGN
40,000 AMD145,256.00 NGN
50,000 AMD181,570.00 NGN
100,000 AMD363,140.00 NGN

*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 Nigeria from Armenia?

There are many good choices when it comes to sending money from Armenia to Nigeria. 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 NGN money transfers.

We compare different remittance companies to bring you the best options to send money to Nigeria 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 Nigerian Naira 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 Nigeria?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Armenia to Nigeria transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your AMD to Nigerian Naira international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Armenian Dram to Nigerian Naira exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

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 Nigeria 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 Nigerian Naira 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 Nigeria 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 NGN remittances.


How to send money from Armenia to Nigeria 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 Nigeria 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 NGN transfers.

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


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

The speed of your Armenian Dram to Nigerian Naira 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 NGN. 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 Nigeria 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 Nigeria 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 NGN into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Armenia bank to Nigeria bank transfer.


Which are the best money transfer companies to transfer money from Armenia to Nigeria?

Armenia to Nigeria 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 Nigeria 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 Nigerian Naira 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 do a money transfer from Armenia to Nigeria

With so many possible ways to transfer Armenian Dram to Nigerian Naira, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Armenia to Nigeria remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Armenia and the receiver in Nigeria. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your AMD to Nigerian Naira money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.