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Compare today's ERN to AMD (Eritrean Nakfa to Armenian Dram) exchange rates

Eritrea
Armenia
ERN

Interbank Exchange Rate: 1 ERN = 25.1480 AMD
Updated about an hour ago

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All you need to know about Eritrean Nakfa to Armenian Dram money transfers

Easily compare money transfer providers in one place to send money from Eritrea to Armenia. Send money overseas to your loved ones by comparing Eritrean Nakfa (ERN) to Armenian Dram (AMD) 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 Eritrea.

Were you looking to send money from Armenia to Eritrea 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 ERN to AMD Conversion Rates

Here are some latest ERN to AMD (Eritrean Nakfa to Armenian Dram) exchange rates for popular conversion amounts*.

1 ERN25.15 AMD
5 ERN125.74 AMD
10 ERN251.48 AMD
25 ERN628.70 AMD
50 ERN1,257.40 AMD
100 ERN2,514.80 AMD
150 ERN3,772.20 AMD
200 ERN5,029.60 AMD
250 ERN6,287.00 AMD
300 ERN7,544.40 AMD
400 ERN10,059.20 AMD
500 ERN12,574.00 AMD
600 ERN15,088.80 AMD
700 ERN17,603.60 AMD
800 ERN20,118.40 AMD
1,000 ERN25,148.00 AMD
1,500 ERN37,722.00 AMD
2,000 ERN50,296.00 AMD
2,500 ERN62,870.00 AMD
3,000 ERN75,444.00 AMD
4,000 ERN100,592.00 AMD
5,000 ERN125,740.00 AMD
10,000 ERN251,480.00 AMD
15,000 ERN377,220.00 AMD
20,000 ERN502,960.00 AMD
30,000 ERN754,440.00 AMD
40,000 ERN1,005,920.00 AMD
50,000 ERN1,257,400.00 AMD
100,000 ERN2,514,800.00 AMD

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


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

It can be very confusing when sending money from Eritrea to Armenia given so many choices. Additionally, Eritrean Nakfa to AMD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Eritrea to Armenia as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Armenia from Eritrea. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Eritrean Nakfa to Armenian Dram remittances.


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

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 ERN to Armenian Dram 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 Eritrea to Armenia. 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 ERN to AMD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way for transferring money to Armenia from 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 Eritrea to Armenia 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 Eritrean Nakfa to Armenian Dram 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 Eritrea to Armenia 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 ERN to AMD remittances.


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

We do not recommend using your local bank in Eritrea for your next ERN to AMD 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 Eritrea to Armenia (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 AMD to Armenia. These companies will let you use your local bank account in Eritrea to pay for your Armenia 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 transfer money from Eritrea to Armenia?

If you need to convert ERN to AMD 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 Eritrea to Armenia 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 Eritrean Nakfa to Armenian Dram 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 Armenia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Eritrea to Armenia. 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 Eritrea to Armenia?

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 Eritrea to Armenia, 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 Eritrean Nakfa to Armenian Dram 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 AMD money transfers to Armenia. 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 Armenia getting more money for every Eritrean Nakfa you send.


Step by step guide to do a money transfer from Eritrea to Armenia

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 Eritrea to Armenia, 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 Eritrea to Armenia 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 Armenia where they can receive monies in Armenian Dram.
  • Then, provide details of your Eritrea 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 ERN travel to another part of the globe.