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Compare today's ARS to ERN (Argentine Peso to Eritrean Nakfa) exchange rates

Argentina
Eritrea
ARS

Interbank Exchange Rate: 1 ARS = 0.0103 ERN
Updated about an hour ago

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All you need to know about Argentine Peso to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Argentina to Eritrea. Send money overseas to your loved ones by comparing Argentine Peso (ARS) 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 Argentina.

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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 ARS to ERN Conversion Rates

Here are some latest ARS to ERN (Argentine Peso to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 ARS0.01 ERN
5 ARS0.05 ERN
10 ARS0.10 ERN
25 ARS0.26 ERN
50 ARS0.52 ERN
100 ARS1.03 ERN
150 ARS1.55 ERN
200 ARS2.06 ERN
250 ARS2.58 ERN
300 ARS3.09 ERN
400 ARS4.12 ERN
500 ARS5.15 ERN
600 ARS6.18 ERN
700 ARS7.21 ERN
800 ARS8.24 ERN
1,000 ARS10.30 ERN
1,500 ARS15.45 ERN
2,000 ARS20.60 ERN
2,500 ARS25.75 ERN
3,000 ARS30.90 ERN
4,000 ARS41.20 ERN
5,000 ARS51.50 ERN
10,000 ARS103.00 ERN
15,000 ARS154.50 ERN
20,000 ARS206.00 ERN
30,000 ARS309.00 ERN
40,000 ARS412.00 ERN
50,000 ARS515.00 ERN
100,000 ARS1,030.00 ERN

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Argentina to Eritrea money transfers?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Argentina to Eritrea. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Argentine Peso to ERN.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send ARS to ERN in Eritrea. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Eritrea from Argentina. We provide you with maximum choices to send money to Eritrea by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for your money transfers from Argentina 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 Argentina. 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 ARS 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 Argentina 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 for transferring money to Eritrea from Argentina?

One of the most important things to watch out for is hidden fees when sending money to Eritrea from Argentina. 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 ARS 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 Argentina.


How to send money to Eritrea from Argentina through a bank?

We do not recommend using your local bank in Argentina for your next ARS to ERN overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Argentina to Eritrea (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending ERN to Eritrea. These companies will let you use your local bank account in Argentina to pay for your Eritrea money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


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

If you need to convert ARS 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 Argentina 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 Argentine Peso 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 Argentina 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 transfer money to Eritrea from Argentina?

Since the Argentine Peso 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 Argentina 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 ARS 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 Argentina to Eritrea transaction.


Step by step guide to send money from Argentina to Eritrea

The first step to send money to Eritrea from Argentina is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your ARS to ERN overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Eritrea if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Argentina bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Eritrea!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Argentina to Eritrea.