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

Compare today's DJF to DZD (Djiboutian Franc to Algerian Dinar) exchange rates

Djibouti
Algeria
DJF

Interbank Exchange Rate: 1 DJF = 0.7298 DZD
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Djiboutian Franc to Algerian Dinar money transfers

Easily compare money transfer providers in one place to send money from Djibouti to Algeria. Send money overseas to your loved ones by comparing Djiboutian Franc (DJF) 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 Djibouti.

Were you looking to send money from Algeria to Djibouti 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 DJF to DZD Conversion Rates

Here are some latest DJF to DZD (Djiboutian Franc to Algerian Dinar) exchange rates for popular conversion amounts*.

1 DJF0.73 DZD
5 DJF3.65 DZD
10 DJF7.30 DZD
25 DJF18.25 DZD
50 DJF36.49 DZD
100 DJF72.98 DZD
150 DJF109.47 DZD
200 DJF145.96 DZD
250 DJF182.45 DZD
300 DJF218.94 DZD
400 DJF291.92 DZD
500 DJF364.90 DZD
600 DJF437.88 DZD
700 DJF510.86 DZD
800 DJF583.84 DZD
1,000 DJF729.80 DZD
1,500 DJF1,094.70 DZD
2,000 DJF1,459.60 DZD
2,500 DJF1,824.50 DZD
3,000 DJF2,189.40 DZD
4,000 DJF2,919.20 DZD
5,000 DJF3,649.00 DZD
10,000 DJF7,298.00 DZD
15,000 DJF10,947.00 DZD
20,000 DJF14,596.00 DZD
30,000 DJF21,894.00 DZD
40,000 DJF29,192.00 DZD
50,000 DJF36,490.00 DZD
100,000 DJF72,980.00 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 Djibouti 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 Djibouti 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 Djiboutian Franc 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 DJF 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 Djibouti. 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 exchange rate for sending money from Djibouti to Algeria?

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 Algeria.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Djibouti to Algeria 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 DJF to Algerian Dinar 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 Algeria from Djibouti?

The final amount your recipient gets when you send DJF to DZD 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 Djibouti to Algeria 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 Algerian Dinar 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 Djiboutian Franc to Algeria 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 send money from Djibouti to Algeria?

Bank transfers have been a traditionally popular way to send money overseas from Djibouti 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 DJF 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 Djibouti 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.


What is the fastest way to transfer money from Djibouti to Algeria?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Djibouti to Algeria. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert DJF to DZD fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Djiboutian Franc amount reaching Algeria. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Algerian Dinar quickly to Algeria, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

Djibouti to Algeria money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Algeria as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Djiboutian Franc to Algerian Dinar money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to Algeria from Djibouti

The first step to send money to Algeria from Djibouti 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 DJF to DZD 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 Algeria if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Djibouti bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Algeria!

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 Djibouti to Algeria.