Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's ERN to SAR (Eritrean Nakfa to Saudi Riyal) exchange rates

Eritrea
Saudi Arabia
ERN

Interbank Exchange Rate: 1 ERN = 0.2501 SAR
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Eritrean Nakfa to Saudi Riyal money transfers

Easily compare money transfer providers in one place to send money from Eritrea to Saudi Arabia. Send money overseas to your loved ones by comparing Eritrean Nakfa (ERN) to Saudi Riyal (SAR) 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 Saudi Arabia 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 SAR Conversion Rates

Here are some latest ERN to SAR (Eritrean Nakfa to Saudi Riyal) exchange rates for popular conversion amounts*.

1 ERN0.25 SAR
5 ERN1.25 SAR
10 ERN2.50 SAR
25 ERN6.25 SAR
50 ERN12.50 SAR
100 ERN25.01 SAR
150 ERN37.52 SAR
200 ERN50.02 SAR
250 ERN62.53 SAR
300 ERN75.03 SAR
400 ERN100.04 SAR
500 ERN125.05 SAR
600 ERN150.06 SAR
700 ERN175.07 SAR
800 ERN200.08 SAR
1,000 ERN250.10 SAR
1,500 ERN375.15 SAR
2,000 ERN500.20 SAR
2,500 ERN625.25 SAR
3,000 ERN750.30 SAR
4,000 ERN1,000.40 SAR
5,000 ERN1,250.50 SAR
10,000 ERN2,501.00 SAR
15,000 ERN3,751.50 SAR
20,000 ERN5,002.00 SAR
30,000 ERN7,503.00 SAR
40,000 ERN10,004.00 SAR
50,000 ERN12,505.00 SAR
100,000 ERN25,010.00 SAR

*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 Saudi Arabia?

It can be very confusing when sending money from Eritrea to Saudi Arabia given so many choices. Additionally, Eritrean Nakfa to SAR 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 Saudi Arabia 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 Saudi Arabia 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 Saudi Riyal remittances.


How to get the best rate to transfer money to Saudi Arabia from Eritrea?

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 Saudi Arabia from Eritrea.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your ERN to Saudi Riyal 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 SAR 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 transfer money from Eritrea to Saudi Arabia?

When you want to send money to Saudi Arabia from Eritrea, you obviously want the cheapest possible option to maximize the money your recipient gets in Saudi Riyal. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your ERN to SAR money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Eritrea to Saudi Arabia. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Eritrea to Saudi Arabia exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Saudi Riyal overseas.


How to send money to Saudi Arabia 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 Saudi Arabia 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 SAR transfers.

Given this, there are umpteen additional options to send money to Saudi Arabia 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 Saudi Arabia gets the maximum amount.


How to send money from Eritrea to Saudi Arabia fast?

The first thing to do when you need to convert ERN to SAR 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 Saudi Riyal. 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 Saudi Arabia 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 Saudi Arabia.


Which are the best money transfer companies to transfer money from Eritrea to Saudi Arabia?

Eritrea to Saudi Arabia money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Saudi Arabia as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Eritrean Nakfa to Saudi Riyal money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to Saudi Arabia from Eritrea

The first step to send money to Saudi Arabia 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 SAR 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 Saudi Arabia 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 Saudi Arabia!

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 Saudi Arabia.