Overall top choice: Wise
Of the 3 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Over the last six months, Wise appeared in 55.6% of searches for transfers between India and Algeria.
When sending money from India to Algeria, using Wise in a great option.
How to get the best deal on sending money from India to Algeria
Considerations for sending money from India to Algeria
Always compare ways to send money from India to Algeria to get the best options for fees, speed, and reliability.
Our analysis included 3 providers that operate between India and Algeria.
Through this, you get a comprehensive view of all the options you have in India when you need to send money to Algeria.
Cheapest way to send money from India to Algeria: Ria Money Transfer
On average, Ria Money Transfer fees were 4* INR per transfer and customers would expect an exchange rate between INR-DZD that is 2.8% different to the mid-market rate
Against the others tested, Ria Money Transfer is 0% cheaper than the second-best option.
To secure a cheap way to transfer INR to Algeria, Ria Money Transfer is our recommendation.
*The most common fee applied to INR-DZD by Ria Money Transfer, based on data from the past six months.
Fastest way to send money from India to Algeria: Ria Money Transfer.
Data from the last six months shows Ria Money Transfer to be the quickest way to send money from India to Algerian Dinar in 81.8% of searches. For fast transfers between INR and DZD, Ria Money Transfer comes highly recommended.
Using Ria Money Transfer for fast transfers from India to Algeria has an average fee of 4 INR.
Within our comparison we looked at the 3 money transfer providers offering transfers from India to Algeria. Within this we looked at overall speed of sending money from India to Algeria after depositing Indian Rupee to a money transfer account.
When faster money transfers are a priority, Ria Money Transfer is our recommended choice for sending into Algeria from India.
Need to make a large transfer?
Wise is the best option for large transfers of the 3 providers compared.
While Wise may not always be the cheapest or fastest way to send INR from India to Algeria, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of transferring money to Algeria from {countryFromName}}
Fees and exchange rates make up the total cost of sending money from Algeria to Algeria. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current INR-DZD mid-market rate is 1.5899 DZD per Indian Rupee. You will get more Algerian Dinar for your Indian Rupees if you find a provider close to this number.
For context, over the last three months the INR-DZD mid-market rate has had a high of 1.6142, a low of 1.5795 and averaged 1.5996 DZD per Indian Rupee.
Across the 3 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting INR to DZD will be the biggest determining factor when working out the cost of transferring Indian Rupees to Algeria.
Fees: Transfer fees are charged as part of the transfer. Ria Money Transfer at an average of 4 INR per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Algerian Dinar eventually received in Algeria. You can assume that a lower cost of sending from India will result in more money received in Algeria.
How to find the best exchange rate for Indian Rupee to Algerian Dinar
Timing is essential for sending money between INR and DZD. The exchange rate you secure impacts how much DZD you get for your INR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from INR to DZD has seen some fluctuation. On average, it stood at 1.5996.
During this period, the highest value recorded was 1.6142, while the lowest was 1.5795.
Wise, which is our recommended service to send money online from India to Algeria offers an exchange rate that is only 0% above the mid-market rate.
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Paying for your India to Algeria money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Algeria and India.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from India to Algeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to DZD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.