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Compare today's AMD to ZAR (Armenian Dram to South African Rand) exchange rates

Armenia
South Africa
AMD

Interbank Exchange Rate: 1 AMD = 0.0424 ZAR
Updated about an hour ago

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All you need to know about Armenian Dram to South African Rand money transfers

Easily compare money transfer providers in one place to send money from Armenia to South Africa. Send money overseas to your loved ones by comparing Armenian Dram (AMD) to South African Rand (ZAR) 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 South Africa 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 ZAR Conversion Rates

Here are some latest AMD to ZAR (Armenian Dram to South African Rand) exchange rates for popular conversion amounts*.

1 AMD0.04 ZAR
5 AMD0.21 ZAR
10 AMD0.42 ZAR
25 AMD1.06 ZAR
50 AMD2.12 ZAR
100 AMD4.24 ZAR
150 AMD6.36 ZAR
200 AMD8.48 ZAR
250 AMD10.60 ZAR
300 AMD12.72 ZAR
400 AMD16.96 ZAR
500 AMD21.20 ZAR
600 AMD25.44 ZAR
700 AMD29.68 ZAR
800 AMD33.92 ZAR
1,000 AMD42.40 ZAR
1,500 AMD63.60 ZAR
2,000 AMD84.80 ZAR
2,500 AMD106.00 ZAR
3,000 AMD127.20 ZAR
4,000 AMD169.60 ZAR
5,000 AMD212.00 ZAR
10,000 AMD424.00 ZAR
15,000 AMD636.00 ZAR
20,000 AMD848.00 ZAR
30,000 AMD1,272.00 ZAR
40,000 AMD1,696.00 ZAR
50,000 AMD2,120.00 ZAR
100,000 AMD4,240.00 ZAR

*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 South Africa?

Sending money internationally to South Africa 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 ZAR 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 South Africa. 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 South African Rand.


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

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to South Africa.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Armenia to South Africa transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your AMD to South African Rand money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


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

When you want to send money to South Africa from Armenia, you obviously want the cheapest possible option to maximize the money your recipient gets in South African Rand. 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 ZAR 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 South Africa. 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 South Africa 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 South African Rand overseas.


Should I use my bank to transfer money from Armenia to South Africa?

Bank transfers have been a traditionally popular way to send money overseas from Armenia to South Africa. 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 ZAR 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 South Africa 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 do a money transfer to South Africa from Armenia?

If you need to convert AMD to ZAR 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 South Africa 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 South African Rand 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 South Africa.

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

Since the Armenian Dram to South African Rand 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 South Africa. 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 ZAR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in South Africa 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 South Africa transaction.


Step by step guide to send money to South Africa from Armenia

There are many important aspects of Armenia to South Africa 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 ZAR 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 South Africa to validate that they get the money once the transaction clears.