Compare today's AMD to KRW (Armenian Dram to South Korean Won) exchange rates
Interbank Exchange Rate: 1 AMD = 3.8583 KRW
Updated about an hour ago
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All you need to know about Armenian Dram to South Korean Won money transfers
Easily compare money transfer providers in one place to send money from Armenia to South Korea. Send money overseas to your loved ones by comparing Armenian Dram (AMD) to South Korean Won (KRW) 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 KRW Conversion Rates
Here are some latest AMD to KRW (Armenian Dram to South Korean Won) exchange rates for popular conversion amounts*.
| 1 AMD | 3.86 KRW |
| 5 AMD | 19.29 KRW |
| 10 AMD | 38.58 KRW |
| 25 AMD | 96.46 KRW |
| 50 AMD | 192.92 KRW |
| 100 AMD | 385.83 KRW |
| 150 AMD | 578.75 KRW |
| 200 AMD | 771.66 KRW |
| 250 AMD | 964.57 KRW |
| 300 AMD | 1,157.49 KRW |
| 400 AMD | 1,543.32 KRW |
| 500 AMD | 1,929.15 KRW |
| 600 AMD | 2,314.98 KRW |
| 700 AMD | 2,700.81 KRW |
| 800 AMD | 3,086.64 KRW |
| 1,000 AMD | 3,858.30 KRW |
| 1,500 AMD | 5,787.45 KRW |
| 2,000 AMD | 7,716.60 KRW |
| 2,500 AMD | 9,645.75 KRW |
| 3,000 AMD | 11,574.90 KRW |
| 4,000 AMD | 15,433.20 KRW |
| 5,000 AMD | 19,291.50 KRW |
| 10,000 AMD | 38,583.00 KRW |
| 15,000 AMD | 57,874.50 KRW |
| 20,000 AMD | 77,166.00 KRW |
| 30,000 AMD | 115,749.00 KRW |
| 40,000 AMD | 154,332.00 KRW |
| 50,000 AMD | 192,915.00 KRW |
| 100,000 AMD | 385,830.00 KRW |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to do Armenia to South Korea money transfers?
With the global remittance market booming, there are so many choices for Armenian Dram to KRW 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 South Korea 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 KRW 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 South Korea from Armenia?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to South Korea 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 South Korean Won 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 South Korea corridor to give you more good choices for your next KRW money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to send money to South Korea from Armenia?
When you want to send money to South Korea from Armenia, you obviously want the cheapest possible option to maximize the money your recipient gets in South Korean Won. 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 KRW 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 Korea. 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 Korea 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 Korean Won overseas.
Should I use my bank to transfer money from Armenia to South Korea?
Bank transfers have been a traditionally popular way to send money overseas from Armenia to South Korea. 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 KRW 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 Korea 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 Korea from Armenia?
If you need to convert AMD to KRW 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 Korea 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 Korean Won 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 Korea.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Armenia to South Korea. 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 send money to South Korea from Armenia?
Comparing money transfer companies for sending money to South Korea from Armenia can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to South Korea. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Armenian Dram to South Korean Won transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?
Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the South Korean Won yield on every Armenian Dram that you send.
Step by step guide to send money from Armenia to South Korea
Follow the below easy steps to send money to South Korea 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 South Korea).
- 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.