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Compare today's UGX to AMD (Ugandan Shilling to Armenian Dram) exchange rates

Uganda
Armenia
UGX

Interbank Exchange Rate: 1 UGX = 0.1063 AMD
Updated about an hour ago

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All you need to know about Ugandan Shilling to Armenian Dram money transfers

Easily compare money transfer providers in one place to send money from Uganda to Armenia. Send money overseas to your loved ones by comparing Ugandan Shilling (UGX) 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 Uganda.

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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 UGX to AMD Conversion Rates

Here are some latest UGX to AMD (Ugandan Shilling to Armenian Dram) exchange rates for popular conversion amounts*.

1 UGX0.11 AMD
5 UGX0.53 AMD
10 UGX1.06 AMD
25 UGX2.66 AMD
50 UGX5.32 AMD
100 UGX10.63 AMD
150 UGX15.95 AMD
200 UGX21.26 AMD
250 UGX26.58 AMD
300 UGX31.89 AMD
400 UGX42.52 AMD
500 UGX53.15 AMD
600 UGX63.78 AMD
700 UGX74.41 AMD
800 UGX85.04 AMD
1,000 UGX106.30 AMD
1,500 UGX159.45 AMD
2,000 UGX212.60 AMD
2,500 UGX265.75 AMD
3,000 UGX318.90 AMD
4,000 UGX425.20 AMD
5,000 UGX531.50 AMD
10,000 UGX1,063.00 AMD
15,000 UGX1,594.50 AMD
20,000 UGX2,126.00 AMD
30,000 UGX3,189.00 AMD
40,000 UGX4,252.00 AMD
50,000 UGX5,315.00 AMD
100,000 UGX10,630.00 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 Uganda?

It can be very confusing when sending money from Uganda to Armenia given so many choices. Additionally, Ugandan Shilling to AMD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Uganda to Armenia as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Armenia from Uganda. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Ugandan Shilling to Armenian Dram remittances.


How to get the best remit rate for transferring money from Uganda to Armenia?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Armenia from Uganda. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your UGX to Armenian Dram money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Uganda to Armenia corridor to give you more good choices for your next AMD money transfer. This way you do not miss out on additional options to potentially save more.


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

One of the most important things to watch out for is hidden fees when sending money to Armenia from Uganda. 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 UGX 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 Uganda.


How to send money to Armenia from Uganda through a bank?

We do not recommend using your local bank in Uganda for your next UGX to AMD 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 Uganda to Armenia (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 AMD to Armenia. These companies will let you use your local bank account in Uganda to pay for your Armenia money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money from Uganda to Armenia fast?

It could be a stressful experience if you need to rush money quickly from Uganda to Armenia. 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 UGX to AMD. 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 Armenian Dram. 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 Uganda to Armenia money transfers.


Which are the best money transfer companies to send money to Armenia from Uganda?

Since the Ugandan Shilling to Armenian Dram 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 Uganda that may also be able to send money to Armenia. 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 UGX to AMD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Armenia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Uganda to Armenia transaction.


Step by step guide to send money from Uganda to Armenia

Follow the below easy steps to send money to Armenia from Uganda.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Uganda bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Armenia).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your UGX to AMD remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.