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Compare today's ERN to XCD (Eritrean Nakfa to East Caribbean Dollar) exchange rates

Eritrea
Dominica
ERN

Interbank Exchange Rate: 1 ERN = 0.1802 XCD
Updated about an hour ago

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All you need to know about Eritrean Nakfa to East Caribbean Dollar money transfers

Easily compare money transfer providers in one place to send money from Eritrea to Dominica. Send money overseas to your loved ones by comparing Eritrean Nakfa (ERN) to East Caribbean Dollar (XCD) 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.

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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 XCD Conversion Rates

Here are some latest ERN to XCD (Eritrean Nakfa to East Caribbean Dollar) exchange rates for popular conversion amounts*.

1 ERN0.18 XCD
5 ERN0.90 XCD
10 ERN1.80 XCD
25 ERN4.51 XCD
50 ERN9.01 XCD
100 ERN18.02 XCD
150 ERN27.03 XCD
200 ERN36.04 XCD
250 ERN45.05 XCD
300 ERN54.06 XCD
400 ERN72.08 XCD
500 ERN90.10 XCD
600 ERN108.12 XCD
700 ERN126.14 XCD
800 ERN144.16 XCD
1,000 ERN180.20 XCD
1,500 ERN270.30 XCD
2,000 ERN360.40 XCD
2,500 ERN450.50 XCD
3,000 ERN540.60 XCD
4,000 ERN720.80 XCD
5,000 ERN901.00 XCD
10,000 ERN1,802.00 XCD
15,000 ERN2,703.00 XCD
20,000 ERN3,604.00 XCD
30,000 ERN5,406.00 XCD
40,000 ERN7,208.00 XCD
50,000 ERN9,010.00 XCD
100,000 ERN18,020.00 XCD

*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 Dominica?

It can be very confusing when sending money from Eritrea to Dominica given so many choices. Additionally, Eritrean Nakfa to XCD 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 Dominica 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 Dominica 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 East Caribbean Dollar remittances.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Dominica from Eritrea. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your ERN to East Caribbean Dollar money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Eritrea to Dominica corridor to give you more good choices for your next XCD money transfer. This way you do not miss out on additional options to potentially save more.


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

The final amount your recipient gets when you send ERN to XCD is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Eritrea to Dominica used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send East Caribbean Dollar is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Eritrean Nakfa to Dominica exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


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

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Eritrea to Dominica money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like ERN to XCD transfers.

Given this, there are umpteen additional options to send money to Dominica instead of just your Eritrea bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Eritrean Nakfa even more so that your recipient in Dominica gets the maximum amount.


What is the fastest way to do a money transfer to Dominica from Eritrea?

If you need to convert ERN to XCD 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 Dominica 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 East Caribbean Dollar 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 Dominica.

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

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 Dominica, 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 East Caribbean Dollar 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 XCD money transfers to Dominica. 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 Dominica getting more money for every Eritrean Nakfa you send.


Step by step guide to send money to Dominica from Eritrea

With so many possible ways to transfer Eritrean Nakfa to East Caribbean Dollar, 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 Dominica 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 Dominica. 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 East Caribbean Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.