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Compare today's EGP to AMD (Egyptian Pound to Armenian Dram) exchange rates

Egypt
Armenia
EGP

Interbank Exchange Rate: 1 EGP = 8.0660 AMD
Updated about an hour ago

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All you need to know about Egyptian Pound to Armenian Dram money transfers

Easily compare money transfer providers in one place to send money from Egypt to Armenia. Send money overseas to your loved ones by comparing Egyptian Pound (EGP) to Armenian Dram (AMD) 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 Egypt.

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Latest EGP to AMD Conversion Rates

Here are some latest EGP to AMD (Egyptian Pound to Armenian Dram) exchange rates for popular conversion amounts*.

1 EGP8.07 AMD
5 EGP40.33 AMD
10 EGP80.66 AMD
25 EGP201.65 AMD
50 EGP403.30 AMD
100 EGP806.60 AMD
150 EGP1,209.90 AMD
200 EGP1,613.20 AMD
250 EGP2,016.50 AMD
300 EGP2,419.80 AMD
400 EGP3,226.40 AMD
500 EGP4,033.00 AMD
600 EGP4,839.60 AMD
700 EGP5,646.20 AMD
800 EGP6,452.80 AMD
1,000 EGP8,066.00 AMD
1,500 EGP12,099.00 AMD
2,000 EGP16,132.00 AMD
2,500 EGP20,165.00 AMD
3,000 EGP24,198.00 AMD
4,000 EGP32,264.00 AMD
5,000 EGP40,330.00 AMD
10,000 EGP80,660.00 AMD
15,000 EGP120,990.00 AMD
20,000 EGP161,320.00 AMD
30,000 EGP241,980.00 AMD
40,000 EGP322,640.00 AMD
50,000 EGP403,300.00 AMD
100,000 EGP806,600.00 AMD

*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 to Armenia from Egypt?

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 Egypt to Armenia. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Egyptian Pound to AMD.

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 EGP to AMD in Armenia. 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 Armenia from Egypt. We provide you with maximum choices to send money to Armenia by comparing competing money transfer companies thereby making you the winner in the end.


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

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Armenia from Egypt.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your EGP to Armenian Dram remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for EGP to AMD remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money from Egypt to Armenia?

The final amount your recipient gets when you send EGP to AMD 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 Egypt to Armenia 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 Armenian Dram 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 Egyptian Pound to Armenia 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.


How to send money from Egypt to Armenia through a bank?

We do not recommend using your local bank in Egypt for your next EGP to AMD 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 Egypt to Armenia (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 AMD to Armenia. These companies will let you use your local bank account in Egypt to pay for your Armenia 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 do a money transfer to Armenia from Egypt?

If you need to convert EGP to AMD 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 Egypt to Armenia 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 Egyptian Pound to Armenian Dram 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 Armenia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Egypt to Armenia. 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 from Egypt to Armenia?

Egypt to Armenia 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 Armenia 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 Egyptian Pound to Armenian Dram 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 Armenia from Egypt

Follow the below easy steps to send money to Armenia from Egypt.

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