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Compare today's MXN to DZD (Mexican Peso to Algerian Dinar) exchange rates

Mexico
Algeria
MXN

Interbank Exchange Rate: 1 MXN = 7.5388 DZD
Updated about an hour ago

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All you need to know about Mexican Peso to Algerian Dinar money transfers

Easily compare money transfer providers in one place to send money from Mexico to Algeria. Send money overseas to your loved ones by comparing Mexican Peso (MXN) 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 Mexico.

Were you looking to send money from Algeria to Mexico 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 MXN to DZD Conversion Rates

Here are some latest MXN to DZD (Mexican Peso to Algerian Dinar) exchange rates for popular conversion amounts*.

1 MXN7.54 DZD
5 MXN37.69 DZD
10 MXN75.39 DZD
25 MXN188.47 DZD
50 MXN376.94 DZD
100 MXN753.88 DZD
150 MXN1,130.82 DZD
200 MXN1,507.76 DZD
250 MXN1,884.70 DZD
300 MXN2,261.64 DZD
400 MXN3,015.52 DZD
500 MXN3,769.40 DZD
600 MXN4,523.28 DZD
700 MXN5,277.16 DZD
800 MXN6,031.04 DZD
1,000 MXN7,538.80 DZD
1,500 MXN11,308.20 DZD
2,000 MXN15,077.60 DZD
2,500 MXN18,847.00 DZD
3,000 MXN22,616.40 DZD
4,000 MXN30,155.20 DZD
5,000 MXN37,694.00 DZD
10,000 MXN75,388.00 DZD
15,000 MXN113,082.00 DZD
20,000 MXN150,776.00 DZD
30,000 MXN226,164.00 DZD
40,000 MXN301,552.00 DZD
50,000 MXN376,940.00 DZD
100,000 MXN753,880.00 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 Mexico to Algeria?

Sending money internationally to Algeria from Mexico 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 Mexican Peso 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 Mexico to Algeria?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Mexico to Algeria transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your MXN to Algerian Dinar international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Mexican Peso to Algerian Dinar exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to transfer money from Mexico to Algeria?

One of the most important things to watch out for is hidden fees when sending money to Algeria from Mexico. 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 Algeria using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Algerian Dinar foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MXN to Algeria 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 Algeria from Mexico.


Should I use my bank to send money from Mexico to Algeria?

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 MXN to DZD 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 Mexico to Algeria 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 Algeria from Mexico. They do this by letting you fund your transaction through your local bank account in Mexico, and by allowing you to choose the payout to be your recipient's bank account in Algeria. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Mexico to Algeria fast?

If you need to convert MXN to DZD 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 Mexico to Algeria 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 Mexican Peso to Algerian Dinar 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 Algeria.

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

Mexico 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 Mexican Peso 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 Mexico

There are many important aspects of Mexico 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 - Mexico 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 Mexican Peso amount you want to send from Mexico.
  • 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.