Compare today's ERN to HUF (Eritrean Nakfa to Hungarian Forint) exchange rates
Interbank Exchange Rate: 1 ERN = 21.4449 HUF
Updated about an hour ago
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All you need to know about Eritrean Nakfa to Hungarian Forint money transfers
Easily compare money transfer providers in one place to send money from Eritrea to Hungary. Send money overseas to your loved ones by comparing Eritrean Nakfa (ERN) to Hungarian Forint (HUF) 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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Latest ERN to HUF Conversion Rates
Here are some latest ERN to HUF (Eritrean Nakfa to Hungarian Forint) exchange rates for popular conversion amounts*.
| 1 ERN | 21.44 HUF |
| 5 ERN | 107.22 HUF |
| 10 ERN | 214.45 HUF |
| 25 ERN | 536.12 HUF |
| 50 ERN | 1,072.25 HUF |
| 100 ERN | 2,144.49 HUF |
| 150 ERN | 3,216.74 HUF |
| 200 ERN | 4,288.98 HUF |
| 250 ERN | 5,361.23 HUF |
| 300 ERN | 6,433.47 HUF |
| 400 ERN | 8,577.96 HUF |
| 500 ERN | 10,722.45 HUF |
| 600 ERN | 12,866.94 HUF |
| 700 ERN | 15,011.43 HUF |
| 800 ERN | 17,155.92 HUF |
| 1,000 ERN | 21,444.90 HUF |
| 1,500 ERN | 32,167.35 HUF |
| 2,000 ERN | 42,889.80 HUF |
| 2,500 ERN | 53,612.25 HUF |
| 3,000 ERN | 64,334.70 HUF |
| 4,000 ERN | 85,779.60 HUF |
| 5,000 ERN | 107,224.50 HUF |
| 10,000 ERN | 214,449.00 HUF |
| 15,000 ERN | 321,673.50 HUF |
| 20,000 ERN | 428,898.00 HUF |
| 30,000 ERN | 643,347.00 HUF |
| 40,000 ERN | 857,796.00 HUF |
| 50,000 ERN | 1,072,245.00 HUF |
| 100,000 ERN | 2,144,490.00 HUF |
*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 Hungary from Eritrea?
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 Hungary. 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 HUF.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 HUF in Hungary. 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 Hungary from Eritrea. We provide you with maximum choices to send money to Hungary 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 Hungary?
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 Hungary.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Eritrea to Hungary 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 Hungarian Forint 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 from Eritrea to Hungary?
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 Hungary 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 Hungarian Forint 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 Hungary 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 HUF remittances.
How to send money to Hungary from Eritrea 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 HUF 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 Hungary 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 Hungary 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 Hungary. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to do a money transfer to Hungary from Eritrea?
The first thing to do when you need to convert ERN to HUF quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.The harder part might be how to identify which providers can execute fast funds transfers between Eritrean Nakfa and Hungarian Forint. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.
To help demystify the unknowns in the end to end Eritrea to Hungary remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Hungary.
Which are the best money transfer companies to send money from Eritrea to Hungary?
Since the Eritrean Nakfa to Hungarian Forint 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 Hungary. 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 HUF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Hungary 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 Hungary transaction.
Step by step guide to send money from Eritrea to Hungary
There are many important aspects of Eritrea to Hungary remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.
- Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
- Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Eritrea bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
- Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include HUF bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
- Step 4 - Provision recipient details including name and address.
- Step 5 - Decide how much Eritrean Nakfa amount you want to send from Eritrea.
- Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
- Step 7 - Validate all the information for accuracy and start your transaction.