Compare today's TZS to AMD (Tanzanian Shilling to Armenian Dram) exchange rates
Interbank Exchange Rate: 1 TZS = 0.1462 AMD
Updated about an hour ago
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All you need to know about Tanzanian Shilling to Armenian Dram money transfers
Easily compare money transfer providers in one place to send money from Tanzania to Armenia. Send money overseas to your loved ones by comparing Tanzanian Shilling (TZS) 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 Tanzania.
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Latest TZS to AMD Conversion Rates
Here are some latest TZS to AMD (Tanzanian Shilling to Armenian Dram) exchange rates for popular conversion amounts*.
| 1 TZS | 0.15 AMD |
| 5 TZS | 0.73 AMD |
| 10 TZS | 1.46 AMD |
| 25 TZS | 3.66 AMD |
| 50 TZS | 7.31 AMD |
| 100 TZS | 14.62 AMD |
| 150 TZS | 21.93 AMD |
| 200 TZS | 29.24 AMD |
| 250 TZS | 36.55 AMD |
| 300 TZS | 43.86 AMD |
| 400 TZS | 58.48 AMD |
| 500 TZS | 73.10 AMD |
| 600 TZS | 87.72 AMD |
| 700 TZS | 102.34 AMD |
| 800 TZS | 116.96 AMD |
| 1,000 TZS | 146.20 AMD |
| 1,500 TZS | 219.30 AMD |
| 2,000 TZS | 292.40 AMD |
| 2,500 TZS | 365.50 AMD |
| 3,000 TZS | 438.60 AMD |
| 4,000 TZS | 584.80 AMD |
| 5,000 TZS | 731.00 AMD |
| 10,000 TZS | 1,462.00 AMD |
| 15,000 TZS | 2,193.00 AMD |
| 20,000 TZS | 2,924.00 AMD |
| 30,000 TZS | 4,386.00 AMD |
| 40,000 TZS | 5,848.00 AMD |
| 50,000 TZS | 7,310.00 AMD |
| 100,000 TZS | 14,620.00 AMD |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from Tanzania to Armenia?
With the global remittance market booming, there are so many choices for Tanzanian Shilling to AMD money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Armenia from Tanzania. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final AMD amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best exchange rate for sending money from Tanzania to Armenia?
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 Tanzania to Armenia 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 TZS to Armenian Dram 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 Tanzanian Shilling to Armenian Dram 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 Tanzania to Armenia?
Finding the cheapest way to send money from Tanzania to Armenia might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer TZS to AMD via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.
Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Tanzania to Armenia exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.
How to send money from Tanzania to Armenia through a bank?
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 TZS 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 Tanzania 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 Tanzania. They do this by letting you fund your transaction through your local bank account in Tanzania, 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 transfer money from Tanzania to Armenia?
The first thing to do when you need to convert TZS 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 Tanzanian Shilling 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 Tanzania 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 send money to Armenia from Tanzania?
Comparing money transfer companies for sending money to Armenia from Tanzania 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 Tanzanian Shilling 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 Tanzanian Shilling that you send.
Step by step guide to send money from Tanzania to Armenia
Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Tanzania to Armenia, then please continue to read.One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Tanzania to Armenia that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.
Once you identify your provider of choice, follow the below step by step guide to send money.
- Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
- Provide information about the receiver - name, address and a bank account in Armenia where they can receive monies in Armenian Dram.
- Then, provide details of your Tanzania bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
- Finally, select the amount you want to transfer, and click Send.
- The provider will start your transaction, and keep you updated on the progress of your transfer.