Compare today's ERN to BIF (Eritrean Nakfa to Burundian Franc) exchange rates
Interbank Exchange Rate: 1 ERN = 196.8728 BIF
Updated about an hour ago
Found 0 Remittance Service Providers
0 Remit Service Providers did not match the search criteria.
All you need to know about Eritrean Nakfa to Burundian Franc money transfers
Easily compare money transfer providers in one place to send money from Eritrea to Burundi. Send money overseas to your loved ones by comparing Eritrean Nakfa (ERN) to Burundian Franc (BIF) 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 Burundi 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 BIF Conversion Rates
Here are some latest ERN to BIF (Eritrean Nakfa to Burundian Franc) exchange rates for popular conversion amounts*.
| 1 ERN | 196.87 BIF |
| 5 ERN | 984.36 BIF |
| 10 ERN | 1,968.73 BIF |
| 25 ERN | 4,921.82 BIF |
| 50 ERN | 9,843.64 BIF |
| 100 ERN | 19,687.28 BIF |
| 150 ERN | 29,530.92 BIF |
| 200 ERN | 39,374.56 BIF |
| 250 ERN | 49,218.20 BIF |
| 300 ERN | 59,061.84 BIF |
| 400 ERN | 78,749.12 BIF |
| 500 ERN | 98,436.40 BIF |
| 600 ERN | 118,123.68 BIF |
| 700 ERN | 137,810.96 BIF |
| 800 ERN | 157,498.24 BIF |
| 1,000 ERN | 196,872.80 BIF |
| 1,500 ERN | 295,309.20 BIF |
| 2,000 ERN | 393,745.60 BIF |
| 2,500 ERN | 492,182.00 BIF |
| 3,000 ERN | 590,618.40 BIF |
| 4,000 ERN | 787,491.20 BIF |
| 5,000 ERN | 984,364.00 BIF |
| 10,000 ERN | 1,968,728.00 BIF |
| 15,000 ERN | 2,953,092.00 BIF |
| 20,000 ERN | 3,937,456.00 BIF |
| 30,000 ERN | 5,906,184.00 BIF |
| 40,000 ERN | 7,874,912.00 BIF |
| 50,000 ERN | 9,843,640.00 BIF |
| 100,000 ERN | 19,687,280.00 BIF |
*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 from Eritrea to Burundi?
There are many good choices when it comes to sending money from Eritrea to Burundi. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Eritrean Nakfa to BIF money transfers.We compare different remittance companies to bring you the best options to send money to Burundi from Eritrea. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.
Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Eritrean Nakfa to Burundian Franc money transfers. You can take advantage of these deals and make the most of your hard earned money.
How to get the best remit rate for transferring money from Eritrea to Burundi?
One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Burundi.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Eritrea to Burundi transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.
You may also want to sign up for our free exchange rate alert for your ERN to Burundian Franc money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.
What's the cheapest way to send money to Burundi 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 Burundi 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 Burundian Franc 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 Burundi 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 BIF remittances.
Should I use my bank to transfer money from Eritrea to Burundi?
Bank transfers have been a traditionally popular way to send money overseas from Eritrea to Burundi. 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 ERN to BIF 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 Eritrea bank for your Burundi 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 from Eritrea to Burundi fast?
It could be a stressful experience if you need to rush money quickly from Eritrea to Burundi. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert ERN to BIF. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Burundian Franc. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Eritrea to Burundi money transfers.
Which are the best money transfer companies to transfer money to Burundi from Eritrea?
Since the Eritrean Nakfa to Burundian Franc 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 Burundi. 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 BIF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Burundi 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 Burundi transaction.
Step by step guide to send money from Eritrea to Burundi
The first step to send money to Burundi from Eritrea 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 ERN to BIF 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 Burundi if paying via ACH direct deposit or bank transfer.
- Enter your sending amount, and initiate a transaction.
- Pay for your transaction via your Eritrea bank account or alternative methods like a debit card.
- Sit back and relax, and see your money travel to Burundi!