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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Armenia to Spain searches, and was the top rated company out of 3 that support AMD to EUR.
So for a great mix of cost, speed & features, make your Armenia to Spain transfer using Wise.
How to get the best deal on your Armenia to Spain transfer
Summary of recent searches
Important things to consider before sending money from Armenia to Spain
Don't settle for the first option. Always compare ways to send money from Armenia to Spain to find out about fees, speed, and reliability.
Our analysis included 3 providers that operate between Armenia and Spain.
Through this, you get a comprehensive view of all the options you have in Armenia when you need to send money to Spain.
Cheapest way to send money to Spain from Armenia: CurrencyFair
Data collected over the past six months shows that CurrencyFair is 1.9% cheaper than the second-best option.
The դր.0 transfer cost represents the most common fee for AMD to EUR international transfers, based on data from the past six months.
If you want to secure the best rates on a AMD to Spain transfer, make sure you pick CurrencyFair to send your money online.
*The most common fee applied to AMD-EUR by CurrencyFair, based on data from the past six months.
Fastest way to send money from Armenia to Spain: CurrencyFair
Our data shows that CurrencyFair came up as the fastest way to send money from Armenia to Spain in 80% of searches. This makes them well suited to urgent AMD to EUR money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Armenia to Spain - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, CurrencyFair is your best choice at the moment. This service emerged as the quickest way to send money to Spain from Armenia in 80% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send AMD from Armenia to Spain, it’s the provider that will keep you safe and relaxed while your money moves into EUR.
Understanding the costs involved when moving money from Armenia to Spain
When calculating the costs of money transfers between Armenia and Spain, here's what really matters:
The Mid-Market Rate: Today, the AMD-EUR mid-market rate equals to 0.002398 EUR per Armenian Dram.
The AMD-EUR average exchange rate for the past three months has been 0.0023 EUR per Armenian Dram, with a high of 0.0024 and a low of 0.0022.
When looking to send money, we'd recommend Wise. On average Wise is 0.05% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from AMD to EUR.
How to find the best exchange rate for Armenian Dram to Euro
Timing is essential for sending money between AMD and EUR. The exchange rate you secure impacts how much EUR you get for your AMD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from AMD to EUR has seen some fluctuation. On average, it stood at 0.0023.
During this period, the highest value recorded was 0.0024, while the lowest was 0.0022.
Wise, which is our recommended service to send money online from Armenia to Spain offers an exchange rate that is only 0.05% above the mid-market rate.
Want to secure the best AMD-Euro exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Armenia to Spain!
Payment methods available to fund your Armenia to Spain transfer
Bank transfers
Bank transfers are often the default option for sending money from Armenia to Spain.
By using a money transfer company such as CurrencyFair for transfers from Armenia to Spain, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, CurrencyFair is the cheapest provider for bank transfers from the 3 we tested when sending AMD to Spain.
With an average fee of AMD3 to send money from Armenia to Spain, CurrencyFair offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Armenia to Spain with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Armenia to Spain, competing among a total of 3 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Armenia to Spain, Instarem emerges as our top choice of the 3 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Spain and Armenia.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Armenia to Spain.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send AMD to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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