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Compare today's BIF to ERN (Burundian Franc to Eritrean Nakfa) exchange rates

Burundi
Eritrea
BIF

Interbank Exchange Rate: 1 BIF = 0.0052 ERN
Updated about an hour ago

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All you need to know about Burundian Franc to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Burundi to Eritrea. Send money overseas to your loved ones by comparing Burundian Franc (BIF) 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 Burundi.

Were you looking to send money from Eritrea to Burundi 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 BIF to ERN Conversion Rates

Here are some latest BIF to ERN (Burundian Franc to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 BIF0.01 ERN
5 BIF0.03 ERN
10 BIF0.05 ERN
25 BIF0.13 ERN
50 BIF0.26 ERN
100 BIF0.52 ERN
150 BIF0.78 ERN
200 BIF1.04 ERN
250 BIF1.30 ERN
300 BIF1.56 ERN
400 BIF2.08 ERN
500 BIF2.60 ERN
600 BIF3.12 ERN
700 BIF3.64 ERN
800 BIF4.16 ERN
1,000 BIF5.20 ERN
1,500 BIF7.80 ERN
2,000 BIF10.40 ERN
2,500 BIF13.00 ERN
3,000 BIF15.60 ERN
4,000 BIF20.80 ERN
5,000 BIF26.00 ERN
10,000 BIF52.00 ERN
15,000 BIF78.00 ERN
20,000 BIF104.00 ERN
30,000 BIF156.00 ERN
40,000 BIF208.00 ERN
50,000 BIF260.00 ERN
100,000 BIF520.00 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 Burundi?

With the global remittance market booming, there are so many choices for Burundian Franc 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 Burundi. 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 rate to transfer money to Eritrea from Burundi?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your BIF to Eritrean Nakfa money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Burundi to Eritrea. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for BIF to ERN remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to transfer money from Burundi to Eritrea?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Burundi to Eritrea via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Burundian Franc to Eritrean Nakfa remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Burundi to Eritrea exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for BIF to ERN remittances.


Should I use my bank to send money from Burundi to Eritrea?

Big banks in Burundi are known to make a lot of money by charging high fees on Eritrea money transfers from Burundi. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a BIF to ERN exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Eritrea. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Burundi to Eritrea. You work hard for your money, so you should also ensure you get the maximum yield when you send ERN overseas.


What is the fastest way to transfer money from Burundi to Eritrea?

If you need to convert BIF 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 Burundi 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 Burundian Franc 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 Burundi 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 from Burundi to Eritrea?

Burundi to Eritrea money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Eritrea as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Burundian Franc to Eritrean Nakfa money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money from Burundi to Eritrea

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 Burundi 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 Burundi 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 Burundi 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 BIF travel to another part of the globe.