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Compare today's ERN to GHS (Eritrean Nakfa to Ghana Cedi) exchange rates

Eritrea
Ghana
ERN

Interbank Exchange Rate: 1 ERN = 0.7317 GHS
Updated about an hour ago

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All you need to know about Eritrean Nakfa to Ghana Cedi money transfers

Easily compare money transfer providers in one place to send money from Eritrea to Ghana. Send money overseas to your loved ones by comparing Eritrean Nakfa (ERN) to Ghana Cedi (GHS) 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 GHS Conversion Rates

Here are some latest ERN to GHS (Eritrean Nakfa to Ghana Cedi) exchange rates for popular conversion amounts*.

1 ERN0.73 GHS
5 ERN3.66 GHS
10 ERN7.32 GHS
25 ERN18.29 GHS
50 ERN36.59 GHS
100 ERN73.17 GHS
150 ERN109.76 GHS
200 ERN146.34 GHS
250 ERN182.93 GHS
300 ERN219.51 GHS
400 ERN292.68 GHS
500 ERN365.85 GHS
600 ERN439.02 GHS
700 ERN512.19 GHS
800 ERN585.36 GHS
1,000 ERN731.70 GHS
1,500 ERN1,097.55 GHS
2,000 ERN1,463.40 GHS
2,500 ERN1,829.25 GHS
3,000 ERN2,195.10 GHS
4,000 ERN2,926.80 GHS
5,000 ERN3,658.50 GHS
10,000 ERN7,317.00 GHS
15,000 ERN10,975.50 GHS
20,000 ERN14,634.00 GHS
30,000 ERN21,951.00 GHS
40,000 ERN29,268.00 GHS
50,000 ERN36,585.00 GHS
100,000 ERN73,170.00 GHS

*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 Ghana from Eritrea?

There are many good choices when it comes to sending money from Eritrea to Ghana. 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 GHS money transfers.

We compare different remittance companies to bring you the best options to send money to Ghana 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 Ghana Cedi money transfers. You can take advantage of these deals and make the most of your hard earned money.


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

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 Ghana Cedi 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 Ghana. 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 GHS remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


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

One of the most important things to watch out for is hidden fees when sending money to Ghana from Eritrea. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Ghana using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Ghana Cedi foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best ERN to Ghana exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Ghana from Eritrea.


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

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 GHS 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 Ghana 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 Ghana 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 Ghana. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to transfer money from Eritrea to Ghana?

It could be a stressful experience if you need to rush money quickly from Eritrea to Ghana. 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 GHS. 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 Ghana Cedi. 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 Ghana money transfers.


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

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 Ghana, 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 Ghana Cedi 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 GHS money transfers to Ghana. 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 Ghana getting more money for every Eritrean Nakfa you send.


Step by step guide to transfer money to Ghana from Eritrea

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