"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
Overall top choice: Wise
Of the 8 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 100% of searches for transfers between Spain and Algeria.
When sending money from Spain to Algeria, using Wise in a great option.
How to send money from Spain to Algeria
Considerations for sending money from Spain to Algeria
Always compare ways to send money from Spain to Algeria to get the best options for fees, speed, and reliability.
Our analysis included 8 providers that operate between Spain and Algeria.
Through this, you get a comprehensive view of all the options you have in Spain when you need to send money to Algeria.
Cheapest way to send money from Spain to Algeria: Revolut
On average, Revolut fees were 0* EUR per transfer and customers would expect an exchange rate between EUR-DZD that is 0.09% different to the mid-market rate
Against the others tested, Revolut is 0.6% cheaper than the second-best option.
To secure a cheap way to transfer EUR to Algeria, Revolut is our recommendation.
*The most common fee applied to EUR-DZD by Revolut, based on data from the past six months.
Fastest way to send money from Spain to Algeria: Paysend.
Data from the last six months shows Paysend to be the quickest way to send money from Spain to Algerian Dinar in 40% of searches. For fast transfers between EUR and DZD, Paysend comes highly recommended.
Using Paysend for fast transfers from Spain to Algeria has an average fee of 0 EUR.
Within our comparison we looked at the 8 money transfer providers offering transfers from Spain to Algeria. Within this we looked at overall speed of sending money from Spain to Algeria after depositing Euro to a money transfer account.
When faster money transfers are a priority, Paysend is our recommended choice for sending into Algeria from Spain.
Need to make a large transfer?
Wise is the best option for large transfers of the 8 providers compared.
While Wise may not always be the cheapest or fastest way to send EUR from Spain to Algeria, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of moving money to Algeria from Spain
The total cost of money transfers to Algeria from Spain, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for EUR-DZD is 139.4882 DZD per Euro.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Algerian Dinar for your Euros.
On average for the last three months, the EUR-DZD mid-market rate has been 145.9806 DZD per Euro. This hit a high of 150.3991, and a low of 140.6916.
From the 8 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting EUR to DZD.
Fees: Some money transfers between Spain and Algeria will be subject to fees. Revolut has had an average fee of 0 EUR per transfer over the last 6 months. Although, you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of Algerian Dinar eventually received in Algeria.
This number should guide you, as a higher amount of money received in Algeria means a better overall cost of sending money from Spain.
How to find the best exchange rate for Euro to Algerian Dinar
Timing is essential for sending money between EUR and DZD. The exchange rate you secure impacts how much DZD you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from EUR to DZD has seen some fluctuation. On average, it stood at 145.9806.
During this period, the highest value recorded was 150.3991, while the lowest was 140.6916.
Wise, which is our recommended service to send money online from Spain to Algeria offers an exchange rate that is only 0.09% above the mid-market rate.
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Paying for your Spain 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 Spain.
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 Spain to Algeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to DZD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.