Compare today's ERN to SBD (Eritrean Nakfa to Solomon Islands Dollar) exchange rates
Interbank Exchange Rate: 1 ERN = 0.5373 SBD
Updated about an hour ago
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All you need to know about Eritrean Nakfa to Solomon Islands Dollar money transfers
Easily compare money transfer providers in one place to send money from Eritrea to Solomon Islands. Send money overseas to your loved ones by comparing Eritrean Nakfa (ERN) to Solomon Islands Dollar (SBD) 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.
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Latest ERN to SBD Conversion Rates
Here are some latest ERN to SBD (Eritrean Nakfa to Solomon Islands Dollar) exchange rates for popular conversion amounts*.
| 1 ERN | 0.54 SBD |
| 5 ERN | 2.69 SBD |
| 10 ERN | 5.37 SBD |
| 25 ERN | 13.43 SBD |
| 50 ERN | 26.87 SBD |
| 100 ERN | 53.73 SBD |
| 150 ERN | 80.60 SBD |
| 200 ERN | 107.46 SBD |
| 250 ERN | 134.33 SBD |
| 300 ERN | 161.19 SBD |
| 400 ERN | 214.92 SBD |
| 500 ERN | 268.65 SBD |
| 600 ERN | 322.38 SBD |
| 700 ERN | 376.11 SBD |
| 800 ERN | 429.84 SBD |
| 1,000 ERN | 537.30 SBD |
| 1,500 ERN | 805.95 SBD |
| 2,000 ERN | 1,074.60 SBD |
| 2,500 ERN | 1,343.25 SBD |
| 3,000 ERN | 1,611.90 SBD |
| 4,000 ERN | 2,149.20 SBD |
| 5,000 ERN | 2,686.50 SBD |
| 10,000 ERN | 5,373.00 SBD |
| 15,000 ERN | 8,059.50 SBD |
| 20,000 ERN | 10,746.00 SBD |
| 30,000 ERN | 16,119.00 SBD |
| 40,000 ERN | 21,492.00 SBD |
| 50,000 ERN | 26,865.00 SBD |
| 100,000 ERN | 53,730.00 SBD |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from Eritrea to Solomon Islands?
There are many good choices when it comes to sending money from Eritrea to Solomon Islands. 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 SBD money transfers.We compare different remittance companies to bring you the best options to send money to Solomon Islands 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 Solomon Islands Dollar money transfers. You can take advantage of these deals and make the most of your hard earned money.
How to get the best remit rate for transferring money from Eritrea to Solomon Islands?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Solomon Islands 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 Solomon Islands 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 Solomon Islands corridor to give you more good choices for your next SBD 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 Solomon Islands?
Finding the cheapest way to send money from Eritrea to Solomon Islands 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 SBD 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 Solomon Islands 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.
How to send money from Eritrea to Solomon Islands through a bank?
We do not recommend using your local bank in Eritrea for your next ERN to SBD overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Eritrea to Solomon Islands (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.
Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending SBD to Solomon Islands. These companies will let you use your local bank account in Eritrea to pay for your Solomon Islands money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
How to send money from Eritrea to Solomon Islands fast?
The first thing to do when you need to convert ERN to SBD 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 Solomon Islands Dollar. 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 Solomon Islands 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 Solomon Islands.
Which are the best money transfer companies to transfer money from Eritrea to Solomon Islands?
Since the Eritrean Nakfa to Solomon Islands Dollar 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 Solomon Islands. 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 SBD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Solomon Islands 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 Solomon Islands transaction.
Step by step guide to send money from Eritrea to Solomon Islands
Follow the below easy steps to send money to Solomon Islands from Eritrea.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Eritrea bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Solomon Islands).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.