Compare today's LYD to AMD (Libyan Dinar to Armenian Dram) exchange rates
Interbank Exchange Rate: 1 LYD = 59.7267 AMD
Updated about an hour ago
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All you need to know about Libyan Dinar to Armenian Dram money transfers
Easily compare money transfer providers in one place to send money from Libya to Armenia. Send money overseas to your loved ones by comparing Libyan Dinar (LYD) 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 Libya.
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Latest LYD to AMD Conversion Rates
Here are some latest LYD to AMD (Libyan Dinar to Armenian Dram) exchange rates for popular conversion amounts*.
| 1 LYD | 59.73 AMD |
| 5 LYD | 298.63 AMD |
| 10 LYD | 597.27 AMD |
| 25 LYD | 1,493.17 AMD |
| 50 LYD | 2,986.34 AMD |
| 100 LYD | 5,972.67 AMD |
| 150 LYD | 8,959.01 AMD |
| 200 LYD | 11,945.34 AMD |
| 250 LYD | 14,931.68 AMD |
| 300 LYD | 17,918.01 AMD |
| 400 LYD | 23,890.68 AMD |
| 500 LYD | 29,863.35 AMD |
| 600 LYD | 35,836.02 AMD |
| 700 LYD | 41,808.69 AMD |
| 800 LYD | 47,781.36 AMD |
| 1,000 LYD | 59,726.70 AMD |
| 1,500 LYD | 89,590.05 AMD |
| 2,000 LYD | 119,453.40 AMD |
| 2,500 LYD | 149,316.75 AMD |
| 3,000 LYD | 179,180.10 AMD |
| 4,000 LYD | 238,906.80 AMD |
| 5,000 LYD | 298,633.50 AMD |
| 10,000 LYD | 597,267.00 AMD |
| 15,000 LYD | 895,900.50 AMD |
| 20,000 LYD | 1,194,534.00 AMD |
| 30,000 LYD | 1,791,801.00 AMD |
| 40,000 LYD | 2,389,068.00 AMD |
| 50,000 LYD | 2,986,335.00 AMD |
| 100,000 LYD | 5,972,670.00 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 Libya?
Sending money internationally to Armenia from Libya 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 Libyan Dinar to AMD 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 Armenia. 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 Armenian Dram.
How to get the best exchange rate for sending money from Libya 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 Libya.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your LYD 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 LYD 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 Libya to Armenia?
One of the most important things to watch out for is hidden fees when sending money to Armenia from Libya. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Armenia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Armenian Dram foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best LYD to Armenia exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Armenia from Libya.
Should I use my bank to transfer money from Libya to Armenia?
There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low LYD to AMD exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Libya to Armenia money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.
Most of the remittance companies today offer bank to bank transfers for sending money to Armenia from Libya. They do this by letting you fund your transaction through your local bank account in Libya, and by allowing you to choose the payout to be your recipient's bank account in Armenia. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to do a money transfer to Armenia from Libya?
If you need to convert LYD 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 Libya 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 Libyan Dinar 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 Libya 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 transfer money from Libya to Armenia?
Comparing money transfer companies for sending money to Armenia from Libya 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 Armenia. 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 Libyan Dinar to Armenian Dram 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 Armenian Dram yield on every Libyan Dinar that you send.
Step by step guide to send money from Libya to Armenia
There are many important aspects of Libya to Armenia 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 - Libya 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 AMD 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 Libyan Dinar amount you want to send from Libya.
- 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.