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

Compare today's CNY to DZD (Chinese Yuan to Algerian Dinar) exchange rates

China
Algeria
CNY

Interbank Exchange Rate: 1 CNY = 18.7188 DZD
Updated about an hour ago

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All you need to know about Chinese Yuan to Algerian Dinar money transfers

Easily compare money transfer providers in one place to send money from China to Algeria. Send money overseas to your loved ones by comparing Chinese Yuan (CNY) to Algerian Dinar (DZD) 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 China.

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Latest CNY to DZD Conversion Rates

Here are some latest CNY to DZD (Chinese Yuan to Algerian Dinar) exchange rates for popular conversion amounts*.

1 CNY18.72 DZD
5 CNY93.59 DZD
10 CNY187.19 DZD
25 CNY467.97 DZD
50 CNY935.94 DZD
100 CNY1,871.88 DZD
150 CNY2,807.82 DZD
200 CNY3,743.76 DZD
250 CNY4,679.70 DZD
300 CNY5,615.64 DZD
400 CNY7,487.52 DZD
500 CNY9,359.40 DZD
600 CNY11,231.28 DZD
700 CNY13,103.16 DZD
800 CNY14,975.04 DZD
1,000 CNY18,718.80 DZD
1,500 CNY28,078.20 DZD
2,000 CNY37,437.60 DZD
2,500 CNY46,797.00 DZD
3,000 CNY56,156.40 DZD
4,000 CNY74,875.20 DZD
5,000 CNY93,594.00 DZD
10,000 CNY187,188.00 DZD
15,000 CNY280,782.00 DZD
20,000 CNY374,376.00 DZD
30,000 CNY561,564.00 DZD
40,000 CNY748,752.00 DZD
50,000 CNY935,940.00 DZD
100,000 CNY1,871,880.00 DZD

*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 China to Algeria?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from China to Algeria. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Chinese Yuan to DZD.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send CNY to DZD in Algeria. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Algeria from China. We provide you with maximum choices to send money to Algeria by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Algeria from China?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your CNY to Algerian Dinar money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from China to Algeria. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for CNY to DZD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to transfer money from China to Algeria?

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 China to Algeria 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 Chinese Yuan to Algerian Dinar 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 China to Algeria 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 CNY to DZD remittances.


How to send money from China to Algeria through a bank?

We do not recommend using your local bank in China for your next CNY to DZD 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 China to Algeria (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 DZD to Algeria. These companies will let you use your local bank account in China to pay for your Algeria money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money from China to Algeria fast?

The first thing to do when you need to convert CNY to DZD 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 Chinese Yuan and Algerian Dinar. 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 China to Algeria 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 Algeria.


Which are the best money transfer companies to send money to Algeria from China?

Comparing money transfer companies for sending money to Algeria from China 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 Algeria. 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 Chinese Yuan to Algerian Dinar 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 Algerian Dinar yield on every Chinese Yuan that you send.


Step by step guide to send money to Algeria from China

Follow the below easy steps to send money to Algeria from China.

  • 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 China bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Algeria).
  • 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.

The provider will then work on your CNY to DZD remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.