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

Compare today's LRD to DKK (Liberian Dollar to Danish Krone) exchange rates

Liberia
Faroe Islands
LRD

Interbank Exchange Rate: 1 LRD = 0.0341 DKK
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Liberian Dollar to Danish Krone money transfers

Easily compare money transfer providers in one place to send money from Liberia to Faroe Islands. Send money overseas to your loved ones by comparing Liberian Dollar (LRD) to Danish Krone (DKK) 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 Liberia.

Were you looking to send money from Faroe Islands to Liberia 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 LRD to DKK Conversion Rates

Here are some latest LRD to DKK (Liberian Dollar to Danish Krone) exchange rates for popular conversion amounts*.

1 LRD0.03 DKK
5 LRD0.17 DKK
10 LRD0.34 DKK
25 LRD0.85 DKK
50 LRD1.70 DKK
100 LRD3.41 DKK
150 LRD5.11 DKK
200 LRD6.82 DKK
250 LRD8.53 DKK
300 LRD10.23 DKK
400 LRD13.64 DKK
500 LRD17.05 DKK
600 LRD20.46 DKK
700 LRD23.87 DKK
800 LRD27.28 DKK
1,000 LRD34.10 DKK
1,500 LRD51.15 DKK
2,000 LRD68.20 DKK
2,500 LRD85.25 DKK
3,000 LRD102.30 DKK
4,000 LRD136.40 DKK
5,000 LRD170.50 DKK
10,000 LRD341.00 DKK
15,000 LRD511.50 DKK
20,000 LRD682.00 DKK
30,000 LRD1,023.00 DKK
40,000 LRD1,364.00 DKK
50,000 LRD1,705.00 DKK
100,000 LRD3,410.00 DKK

*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 Faroe Islands from Liberia?

Sending money internationally to Faroe Islands from Liberia 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 Liberian Dollar to DKK 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 Faroe Islands. 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 Danish Krone.


How to get the best exchange rate for sending money from Liberia to Faroe Islands?

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 Faroe Islands.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Liberia to Faroe Islands 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 LRD to Danish Krone 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 for transferring money to Faroe Islands from Liberia?

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 Liberia to Faroe Islands 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 Liberian Dollar to Danish Krone 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 Liberia to Faroe Islands 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 LRD to DKK remittances.


Should I use my bank to send money from Liberia to Faroe Islands?

We do not recommend using your local bank in Liberia for your next LRD to DKK 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 Liberia to Faroe Islands (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 DKK to Faroe Islands. These companies will let you use your local bank account in Liberia to pay for your Faroe Islands 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 Faroe Islands from Liberia?

It could be a stressful experience if you need to rush money quickly from Liberia to Faroe Islands. 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 LRD to DKK. 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 Danish Krone. 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 Liberia to Faroe Islands money transfers.


Which are the best money transfer companies to send money to Faroe Islands from Liberia?

Since the Liberian Dollar to Danish Krone 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 Liberia that may also be able to send money to Faroe Islands. 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 LRD to DKK money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Faroe Islands gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Liberia to Faroe Islands transaction.


Step by step guide to send money from Liberia to Faroe Islands

With so many possible ways to transfer Liberian Dollar to Danish Krone, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Liberia to Faroe Islands remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Liberia and the receiver in Faroe Islands. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your LRD to Danish Krone money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.