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Compare today's ZAR to AMD (South African Rand to Armenian Dram) exchange rates

South Africa
Armenia
ZAR

Interbank Exchange Rate: 1 ZAR = 23.6898 AMD
Updated about an hour ago

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All you need to know about South African Rand to Armenian Dram money transfers

Easily compare money transfer providers in one place to send money from South Africa to Armenia. Send money overseas to your loved ones by comparing South African Rand (ZAR) 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 South Africa.

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Latest ZAR to AMD Conversion Rates

Here are some latest ZAR to AMD (South African Rand to Armenian Dram) exchange rates for popular conversion amounts*.

1 ZAR23.69 AMD
5 ZAR118.45 AMD
10 ZAR236.90 AMD
25 ZAR592.25 AMD
50 ZAR1,184.49 AMD
100 ZAR2,368.98 AMD
150 ZAR3,553.47 AMD
200 ZAR4,737.96 AMD
250 ZAR5,922.45 AMD
300 ZAR7,106.94 AMD
400 ZAR9,475.92 AMD
500 ZAR11,844.90 AMD
600 ZAR14,213.88 AMD
700 ZAR16,582.86 AMD
800 ZAR18,951.84 AMD
1,000 ZAR23,689.80 AMD
1,500 ZAR35,534.70 AMD
2,000 ZAR47,379.60 AMD
2,500 ZAR59,224.50 AMD
3,000 ZAR71,069.40 AMD
4,000 ZAR94,759.20 AMD
5,000 ZAR118,449.00 AMD
10,000 ZAR236,898.00 AMD
15,000 ZAR355,347.00 AMD
20,000 ZAR473,796.00 AMD
30,000 ZAR710,694.00 AMD
40,000 ZAR947,592.00 AMD
50,000 ZAR1,184,490.00 AMD
100,000 ZAR2,368,980.00 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 South Africa?

There are many good choices when it comes to sending money from South Africa to Armenia. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your South African Rand to AMD money transfers.

We compare different remittance companies to bring you the best options to send money to Armenia from South Africa. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your South African Rand to Armenian Dram money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for sending money from South Africa to Armenia?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your ZAR to Armenian Dram money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from South Africa to Armenia. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for ZAR to AMD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


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

The final amount your recipient gets when you send ZAR 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 South Africa 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 South African Rand 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.


Should I use my bank to transfer money from South Africa to Armenia?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your South Africa to Armenia money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like ZAR to AMD transfers.

Given this, there are umpteen additional options to send money to Armenia instead of just your South Africa bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your South African Rand even more so that your recipient in Armenia gets the maximum amount.


What is the fastest way to do a money transfer to Armenia from South Africa?

The first thing to do when you need to convert ZAR to AMD quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between South African Rand and Armenian Dram. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end South Africa to Armenia remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Armenia.


Which are the best money transfer companies to transfer money from South Africa to Armenia?

Comparing money transfer companies for sending money to Armenia from South Africa 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 South African Rand 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 South African Rand that you send.


Step by step guide to send money from South Africa to Armenia

With so many possible ways to transfer South African Rand to Armenian Dram, 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 South Africa to Armenia 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 South Africa and the receiver in Armenia. 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 ZAR to Armenian Dram money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.