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Compare today's DZD to ERN (Algerian Dinar to Eritrean Nakfa) exchange rates

Algeria
Eritrea
DZD

Interbank Exchange Rate: 1 DZD = 0.1154 ERN
Updated about an hour ago

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All you need to know about Algerian Dinar to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Algeria to Eritrea. Send money overseas to your loved ones by comparing Algerian Dinar (DZD) to Eritrean Nakfa (ERN) 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 Algeria.

Were you looking to send money from Eritrea to Algeria instead?

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 DZD to ERN Conversion Rates

Here are some latest DZD to ERN (Algerian Dinar to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 DZD0.12 ERN
5 DZD0.58 ERN
10 DZD1.15 ERN
25 DZD2.89 ERN
50 DZD5.77 ERN
100 DZD11.54 ERN
150 DZD17.31 ERN
200 DZD23.08 ERN
250 DZD28.85 ERN
300 DZD34.62 ERN
400 DZD46.16 ERN
500 DZD57.70 ERN
600 DZD69.24 ERN
700 DZD80.78 ERN
800 DZD92.32 ERN
1,000 DZD115.40 ERN
1,500 DZD173.10 ERN
2,000 DZD230.80 ERN
2,500 DZD288.50 ERN
3,000 DZD346.20 ERN
4,000 DZD461.60 ERN
5,000 DZD577.00 ERN
10,000 DZD1,154.00 ERN
15,000 DZD1,731.00 ERN
20,000 DZD2,308.00 ERN
30,000 DZD3,462.00 ERN
40,000 DZD4,616.00 ERN
50,000 DZD5,770.00 ERN
100,000 DZD11,540.00 ERN

*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 Eritrea from Algeria?

Sending money internationally to Eritrea from Algeria can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Algerian Dinar to ERN remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Eritrea. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Eritrean Nakfa.


How to get the best rate to transfer money to Eritrea from Algeria?

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 Algeria to Eritrea 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 DZD to Eritrean Nakfa 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 Algerian Dinar to Eritrean Nakfa 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 Algeria to Eritrea?

One of the most important things to watch out for is hidden fees when sending money to Eritrea from Algeria. 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 Eritrea using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Eritrean Nakfa foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best DZD to Eritrea 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 Eritrea from Algeria.


Should I use my bank to transfer money from Algeria to Eritrea?

Bank transfers have been a traditionally popular way to send money overseas from Algeria to Eritrea. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the DZD to ERN exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Algeria bank for your Eritrea money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to do a money transfer to Eritrea from Algeria?

If you need to convert DZD to ERN as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Algeria to Eritrea could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Algerian Dinar to Eritrean Nakfa funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Eritrea.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Algeria to Eritrea. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money from Algeria to Eritrea?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Algeria to Eritrea, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Algerian Dinar to Eritrean Nakfa exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your ERN money transfers to Eritrea. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Eritrea getting more money for every Algerian Dinar you send.


Step by step guide to send money to Eritrea from Algeria

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 Algeria to Eritrea, 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 Algeria to Eritrea 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 Eritrea where they can receive monies in Eritrean Nakfa.
  • Then, provide details of your Algeria 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.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your DZD travel to another part of the globe.