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Compare today's ERN to CVE (Eritrean Nakfa to Cape Verde Escudo) exchange rates

Eritrea
Cape Verde
ERN

Interbank Exchange Rate: 1 ERN = 6.2127 CVE
Updated about an hour ago

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All you need to know about Eritrean Nakfa to Cape Verde Escudo money transfers

Easily compare money transfer providers in one place to send money from Eritrea to Cape Verde. Send money overseas to your loved ones by comparing Eritrean Nakfa (ERN) to Cape Verde Escudo (CVE) 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 Cape Verde 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 CVE Conversion Rates

Here are some latest ERN to CVE (Eritrean Nakfa to Cape Verde Escudo) exchange rates for popular conversion amounts*.

1 ERN6.21 CVE
5 ERN31.06 CVE
10 ERN62.13 CVE
25 ERN155.32 CVE
50 ERN310.64 CVE
100 ERN621.27 CVE
150 ERN931.91 CVE
200 ERN1,242.54 CVE
250 ERN1,553.18 CVE
300 ERN1,863.81 CVE
400 ERN2,485.08 CVE
500 ERN3,106.35 CVE
600 ERN3,727.62 CVE
700 ERN4,348.89 CVE
800 ERN4,970.16 CVE
1,000 ERN6,212.70 CVE
1,500 ERN9,319.05 CVE
2,000 ERN12,425.40 CVE
2,500 ERN15,531.75 CVE
3,000 ERN18,638.10 CVE
4,000 ERN24,850.80 CVE
5,000 ERN31,063.50 CVE
10,000 ERN62,127.00 CVE
15,000 ERN93,190.50 CVE
20,000 ERN124,254.00 CVE
30,000 ERN186,381.00 CVE
40,000 ERN248,508.00 CVE
50,000 ERN310,635.00 CVE
100,000 ERN621,270.00 CVE

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


What's the best way to transfer money from Eritrea to Cape Verde?

Sending money internationally to Cape Verde from Eritrea can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Eritrean Nakfa to CVE remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Cape Verde. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Cape Verde Escudo.


How to get the best rate to transfer money to Cape Verde 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 Cape Verde Escudo 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 Cape Verde. 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 CVE 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 Cape Verde from Eritrea?

Finding the cheapest way to send money from Eritrea to Cape Verde might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer ERN to CVE via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Eritrea to Cape Verde exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


Should I use my bank to send money from Eritrea to Cape Verde?

Bank transfers have been a traditionally popular way to send money overseas from Eritrea to Cape Verde. 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 CVE 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 Cape Verde 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 Cape Verde fast?

It could be a stressful experience if you need to rush money quickly from Eritrea to Cape Verde. 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 CVE. 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 Cape Verde Escudo. 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 Cape Verde money transfers.


Which are the best money transfer companies to send money to Cape Verde from Eritrea?

Since the Eritrean Nakfa to Cape Verde Escudo 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 Cape Verde. 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 CVE money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Cape Verde 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 Cape Verde transaction.


Step by step guide to do a money transfer from Eritrea to Cape Verde

With so many possible ways to transfer Eritrean Nakfa to Cape Verde Escudo, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Eritrea to Cape Verde remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Eritrea and the receiver in Cape Verde. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your ERN to Cape Verde Escudo money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.