Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's AMD to TZS (Armenian Dram to Tanzanian Shilling) exchange rates

Armenia
Tanzania
AMD

Interbank Exchange Rate: 1 AMD = 6.8184 TZS
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Armenian Dram to Tanzanian Shilling money transfers

Easily compare money transfer providers in one place to send money from Armenia to Tanzania. Send money overseas to your loved ones by comparing Armenian Dram (AMD) to Tanzanian Shilling (TZS) 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 Tanzania 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 TZS Conversion Rates

Here are some latest AMD to TZS (Armenian Dram to Tanzanian Shilling) exchange rates for popular conversion amounts*.

1 AMD6.82 TZS
5 AMD34.09 TZS
10 AMD68.18 TZS
25 AMD170.46 TZS
50 AMD340.92 TZS
100 AMD681.84 TZS
150 AMD1,022.76 TZS
200 AMD1,363.68 TZS
250 AMD1,704.60 TZS
300 AMD2,045.52 TZS
400 AMD2,727.36 TZS
500 AMD3,409.20 TZS
600 AMD4,091.04 TZS
700 AMD4,772.88 TZS
800 AMD5,454.72 TZS
1,000 AMD6,818.40 TZS
1,500 AMD10,227.60 TZS
2,000 AMD13,636.80 TZS
2,500 AMD17,046.00 TZS
3,000 AMD20,455.20 TZS
4,000 AMD27,273.60 TZS
5,000 AMD34,092.00 TZS
10,000 AMD68,184.00 TZS
15,000 AMD102,276.00 TZS
20,000 AMD136,368.00 TZS
30,000 AMD204,552.00 TZS
40,000 AMD272,736.00 TZS
50,000 AMD340,920.00 TZS
100,000 AMD681,840.00 TZS

*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 Tanzania money transfers?

Sending money internationally to Tanzania 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 TZS 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 Tanzania. 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 Tanzanian Shilling.


How to get the best exchange rate for your money transfers from Armenia to Tanzania?

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 Tanzania.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Armenia to Tanzania 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 Tanzanian Shilling 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 to Tanzania from Armenia?

The final amount your recipient gets when you send AMD to TZS 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 Tanzania 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 Tanzanian Shilling 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 Tanzania 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.


Should I use my bank to transfer money from Armenia to Tanzania?

We do not recommend using your local bank in Armenia for your next AMD to TZS overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Armenia to Tanzania (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending TZS to Tanzania. These companies will let you use your local bank account in Armenia to pay for your Tanzania money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


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

The first thing to do when you need to convert AMD to TZS quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Armenian Dram and Tanzanian Shilling. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Armenia to Tanzania remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Tanzania.


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

The first step in selecting the best money transfer operators for Armenia to Tanzania remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Armenian Dram to Tanzanian Shilling money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Tanzania.


Step by step guide to transfer money to Tanzania from Armenia

The first step to send money to Tanzania from Armenia is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your AMD to TZS overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Tanzania if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Armenia bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Tanzania!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Armenia to Tanzania.