Compare today's EUR to ERN (Euro to Eritrean Nakfa) exchange rates
Interbank Exchange Rate: 1 EUR = 17.7494 ERN
Updated about an hour ago
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All you need to know about Euro to Eritrean Nakfa money transfers
Easily compare money transfer providers in one place to send money from Andorra to Eritrea. Send money overseas to your loved ones by comparing Euro (EUR) 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.
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Latest EUR to ERN Conversion Rates
Here are some latest EUR to ERN (Euro to Eritrean Nakfa) exchange rates for popular conversion amounts*.
| 1 EUR | 17.75 ERN |
| 5 EUR | 88.75 ERN |
| 10 EUR | 177.49 ERN |
| 25 EUR | 443.74 ERN |
| 50 EUR | 887.47 ERN |
| 100 EUR | 1,774.94 ERN |
| 150 EUR | 2,662.41 ERN |
| 200 EUR | 3,549.88 ERN |
| 250 EUR | 4,437.35 ERN |
| 300 EUR | 5,324.82 ERN |
| 400 EUR | 7,099.76 ERN |
| 500 EUR | 8,874.70 ERN |
| 600 EUR | 10,649.64 ERN |
| 700 EUR | 12,424.58 ERN |
| 800 EUR | 14,199.52 ERN |
| 1,000 EUR | 17,749.40 ERN |
| 1,500 EUR | 26,624.10 ERN |
| 2,000 EUR | 35,498.80 ERN |
| 2,500 EUR | 44,373.50 ERN |
| 3,000 EUR | 53,248.20 ERN |
| 4,000 EUR | 70,997.60 ERN |
| 5,000 EUR | 88,747.00 ERN |
| 10,000 EUR | 177,494.00 ERN |
| 15,000 EUR | 266,241.00 ERN |
| 20,000 EUR | 354,988.00 ERN |
| 30,000 EUR | 532,482.00 ERN |
| 40,000 EUR | 709,976.00 ERN |
| 50,000 EUR | 887,470.00 ERN |
| 100,000 EUR | 1,774,940.00 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 Andorra?
With the global remittance market booming, there are so many choices for Euro to ERN money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Eritrea from Andorra. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final ERN amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best exchange rate for sending money from Andorra to Eritrea?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Eritrea from Andorra. 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 EUR to Eritrean Nakfa 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 Andorra to Eritrea corridor to give you more good choices for your next ERN money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to send money from Andorra to Eritrea?
Finding the cheapest way to send money from Andorra to Eritrea might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer EUR to ERN via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.
Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Andorra to Eritrea exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.
Should I use my bank to transfer money from Andorra to Eritrea?
Bank transfers have been a traditionally popular way to send money overseas from Andorra 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 EUR 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 Andorra 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.
How to send money to Eritrea from Andorra fast?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Andorra to Eritrea. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.To help you convert EUR to ERN fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.
If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Euro amount reaching Eritrea. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.
Hopefully, you do not find yourself in a crisis where you have to rush Eritrean Nakfa quickly to Eritrea, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.
Which are the best money transfer companies to send money to Eritrea from Andorra?
Since the Euro to Eritrean Nakfa 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 Andorra that may also be able to send money to Eritrea. 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 EUR to ERN money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Eritrea gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Andorra to Eritrea transaction.
Step by step guide to transfer money to Eritrea from Andorra
Follow the below easy steps to send money to Eritrea from Andorra.- 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 Andorra bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Eritrea).
- 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.
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.