Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's ERN to NOK (Eritrean Nakfa to Norwegian Krone) exchange rates

Eritrea
Bouvet Island
ERN

Interbank Exchange Rate: 1 ERN = 0.6448 NOK
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Eritrean Nakfa to Norwegian Krone money transfers

Easily compare money transfer providers in one place to send money from Eritrea to Bouvet Island. Send money overseas to your loved ones by comparing Eritrean Nakfa (ERN) to Norwegian Krone (NOK) 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 Bouvet Island 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 NOK Conversion Rates

Here are some latest ERN to NOK (Eritrean Nakfa to Norwegian Krone) exchange rates for popular conversion amounts*.

1 ERN0.64 NOK
5 ERN3.22 NOK
10 ERN6.45 NOK
25 ERN16.12 NOK
50 ERN32.24 NOK
100 ERN64.48 NOK
150 ERN96.72 NOK
200 ERN128.96 NOK
250 ERN161.20 NOK
300 ERN193.44 NOK
400 ERN257.92 NOK
500 ERN322.40 NOK
600 ERN386.88 NOK
700 ERN451.36 NOK
800 ERN515.84 NOK
1,000 ERN644.80 NOK
1,500 ERN967.20 NOK
2,000 ERN1,289.60 NOK
2,500 ERN1,612.00 NOK
3,000 ERN1,934.40 NOK
4,000 ERN2,579.20 NOK
5,000 ERN3,224.00 NOK
10,000 ERN6,448.00 NOK
15,000 ERN9,672.00 NOK
20,000 ERN12,896.00 NOK
30,000 ERN19,344.00 NOK
40,000 ERN25,792.00 NOK
50,000 ERN32,240.00 NOK
100,000 ERN64,480.00 NOK

*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 Bouvet Island from Eritrea?

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 Eritrea to Bouvet Island. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Eritrean Nakfa to NOK.

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 ERN to NOK in Bouvet Island. 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 Bouvet Island from Eritrea. We provide you with maximum choices to send money to Bouvet Island by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best remit rate for transferring money from Eritrea to Bouvet Island?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Bouvet Island from Eritrea.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your ERN to Norwegian Krone remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for ERN to NOK remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way for transferring money to Bouvet Island from Eritrea?

When you want to send money to Bouvet Island from Eritrea, you obviously want the cheapest possible option to maximize the money your recipient gets in Norwegian Krone. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your ERN to NOK money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Eritrea to Bouvet Island. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Eritrea to Bouvet Island exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Norwegian Krone overseas.


Should I use my bank to send money from Eritrea to Bouvet Island?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low ERN to NOK exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Eritrea to Bouvet Island money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Bouvet Island from Eritrea. They do this by letting you fund your transaction through your local bank account in Eritrea, and by allowing you to choose the payout to be your recipient's bank account in Bouvet Island. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money to Bouvet Island from Eritrea fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Eritrea to Bouvet Island. 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 ERN to NOK 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 Eritrean Nakfa amount reaching Bouvet Island. 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 Norwegian Krone quickly to Bouvet Island, 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 transfer money from Eritrea to Bouvet Island?

Since the Eritrean Nakfa to Norwegian Krone 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 Eritrea that may also be able to send money to Bouvet Island. 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 ERN to NOK money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Bouvet Island gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Eritrea to Bouvet Island transaction.


Step by step guide to do a money transfer from Eritrea to Bouvet Island

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 Bouvet Island, 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 Bouvet Island 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 Bouvet Island where they can receive monies in Norwegian Krone.
  • 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.