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Compare today's ERN to EGP (Eritrean Nakfa to Egyptian Pound) exchange rates

Eritrea
Egypt
ERN

Interbank Exchange Rate: 1 ERN = 3.1265 EGP
Updated about an hour ago

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All you need to know about Eritrean Nakfa to Egyptian Pound money transfers

Easily compare money transfer providers in one place to send money from Eritrea to Egypt. Send money overseas to your loved ones by comparing Eritrean Nakfa (ERN) to Egyptian Pound (EGP) 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 EGP Conversion Rates

Here are some latest ERN to EGP (Eritrean Nakfa to Egyptian Pound) exchange rates for popular conversion amounts*.

1 ERN3.13 EGP
5 ERN15.63 EGP
10 ERN31.27 EGP
25 ERN78.16 EGP
50 ERN156.33 EGP
100 ERN312.65 EGP
150 ERN468.98 EGP
200 ERN625.30 EGP
250 ERN781.63 EGP
300 ERN937.95 EGP
400 ERN1,250.60 EGP
500 ERN1,563.25 EGP
600 ERN1,875.90 EGP
700 ERN2,188.55 EGP
800 ERN2,501.20 EGP
1,000 ERN3,126.50 EGP
1,500 ERN4,689.75 EGP
2,000 ERN6,253.00 EGP
2,500 ERN7,816.25 EGP
3,000 ERN9,379.50 EGP
4,000 ERN12,506.00 EGP
5,000 ERN15,632.50 EGP
10,000 ERN31,265.00 EGP
15,000 ERN46,897.50 EGP
20,000 ERN62,530.00 EGP
30,000 ERN93,795.00 EGP
40,000 ERN125,060.00 EGP
50,000 ERN156,325.00 EGP
100,000 ERN312,650.00 EGP

*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 Egypt money transfers?

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 Egypt. 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 EGP.

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 EGP in Egypt. 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 Egypt from Eritrea. We provide you with maximum choices to send money to Egypt by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Eritrea to Egypt?

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 Egypt from Eritrea.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your ERN to Egyptian Pound 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 EGP 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 to send money to Egypt from Eritrea?

Finding the cheapest way to send money from Eritrea to Egypt 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 EGP 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 Egypt 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 transfer money from Eritrea to Egypt?

Big banks in Eritrea are known to make a lot of money by charging high fees on Egypt money transfers from Eritrea. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a ERN to EGP exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Egypt. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Eritrea to Egypt. You work hard for your money, so you should also ensure you get the maximum yield when you send EGP overseas.


How to send money to Egypt from Eritrea fast?

The speed of your Eritrean Nakfa to Egyptian Pound funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert ERN to EGP. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Egypt from Eritrea is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Egypt if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout EGP into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Eritrea bank to Egypt bank transfer.


Which are the best money transfer companies to send money to Egypt 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 Egypt, 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 Egyptian Pound 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 EGP money transfers to Egypt. 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 Egypt getting more money for every Eritrean Nakfa you send.


Step by step guide to send money from Eritrea to Egypt

The first step to send money to Egypt 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 EGP 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 Egypt 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 Egypt!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Eritrea to Egypt.