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

Compare today's EUR to DZD (Euro to Algerian Dinar) exchange rates

Cyprus
Algeria
EUR
Interbank Exchange Rate: 1 EUR = 151.1725 DZD
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)( )
1000 EUR =
149 520.00 DZD
Transfer Limit (EUR): 0 - 20000
Locked-In Rate1 EUR = 149.5200 DZD

📢 Special exchange rate applied for first transfer

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Euro to Algerian Dinar money transfers

Easily compare money transfer providers in one place to send money from Cyprus to Algeria. Send money overseas to your loved ones by comparing Euro (EUR) 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.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from Cyprus to Algeria.

The best rate to send Algerian Dinar from Euro to your loved ones in Algeria is currently offered by Remitly; their 1 EUR to DZD exchange rate today is 149.5200.

Were you looking to send money from Algeria to Cyprus instead?

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.

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.


Latest EUR to DZD Conversion Rates

Here are some latest EUR to DZD (Euro to Algerian Dinar) exchange rates for popular conversion amounts*.

1 EUR151.17 DZD
5 EUR755.86 DZD
10 EUR1,511.73 DZD
25 EUR3,779.31 DZD
50 EUR7,558.63 DZD
100 EUR15,117.25 DZD
150 EUR22,675.88 DZD
200 EUR30,234.50 DZD
250 EUR37,793.13 DZD
300 EUR45,351.75 DZD
400 EUR60,469.00 DZD
500 EUR75,586.25 DZD
600 EUR90,703.50 DZD
700 EUR105,820.75 DZD
800 EUR120,938.00 DZD
1,000 EUR151,172.50 DZD
1,500 EUR226,758.75 DZD
2,000 EUR302,345.00 DZD
2,500 EUR377,931.25 DZD
3,000 EUR453,517.50 DZD
4,000 EUR604,690.00 DZD
5,000 EUR755,862.50 DZD
10,000 EUR1,511,725.00 DZD
15,000 EUR2,267,587.50 DZD
20,000 EUR3,023,450.00 DZD
30,000 EUR4,535,175.00 DZD
40,000 EUR6,046,900.00 DZD
50,000 EUR7,558,625.00 DZD
100,000 EUR15,117,250.00 DZD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money from Cyprus to Algeria?

Sending money internationally to Algeria from Cyprus 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 Euro to DZD 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 Algeria. 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 Algerian Dinar.


How to get the best exchange rate for sending money from Cyprus to Algeria?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Algeria from Cyprus. 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 EUR to Algerian Dinar 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 Cyprus to Algeria corridor to give you more good choices for your next DZD 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 Algeria from Cyprus?

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 Cyprus 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 Euro 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 Cyprus 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 EUR to DZD remittances.


Should I use my bank to transfer money from Cyprus to Algeria?

Bank transfers have been a traditionally popular way to send money overseas from Cyprus to Algeria. 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 EUR to DZD 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 Cyprus bank for your Algeria 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.


How to send money to Algeria from Cyprus fast?

It could be a stressful experience if you need to rush money quickly from Cyprus to Algeria. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert EUR to DZD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Algerian Dinar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Cyprus to Algeria money transfers.


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

Since the Euro to Algerian Dinar 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 Cyprus that may also be able to send money to Algeria. 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 EUR to DZD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Algeria gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Cyprus to Algeria transaction.


Step by step guide to transfer money to Algeria from Cyprus

There are many important aspects of Cyprus to Algeria 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 - Cyprus 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 DZD 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 Euro amount you want to send from Cyprus.
  • 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 Algeria to validate that they get the money once the transaction clears.