Compare today's ERN to XOF (Eritrean Nakfa to CFA Franc BCEAO) exchange rates
Interbank Exchange Rate: 1 ERN = 37.0666 XOF
Updated about an hour ago
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All you need to know about Eritrean Nakfa to CFA Franc BCEAO money transfers
Easily compare money transfer providers in one place to send money from Eritrea to Togo. Send money overseas to your loved ones by comparing Eritrean Nakfa (ERN) to CFA Franc BCEAO (XOF) 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 XOF Conversion Rates
Here are some latest ERN to XOF (Eritrean Nakfa to CFA Franc BCEAO) exchange rates for popular conversion amounts*.
| 1 ERN | 37.07 XOF |
| 5 ERN | 185.33 XOF |
| 10 ERN | 370.67 XOF |
| 25 ERN | 926.67 XOF |
| 50 ERN | 1,853.33 XOF |
| 100 ERN | 3,706.66 XOF |
| 150 ERN | 5,559.99 XOF |
| 200 ERN | 7,413.32 XOF |
| 250 ERN | 9,266.65 XOF |
| 300 ERN | 11,119.98 XOF |
| 400 ERN | 14,826.64 XOF |
| 500 ERN | 18,533.30 XOF |
| 600 ERN | 22,239.96 XOF |
| 700 ERN | 25,946.62 XOF |
| 800 ERN | 29,653.28 XOF |
| 1,000 ERN | 37,066.60 XOF |
| 1,500 ERN | 55,599.90 XOF |
| 2,000 ERN | 74,133.20 XOF |
| 2,500 ERN | 92,666.50 XOF |
| 3,000 ERN | 111,199.80 XOF |
| 4,000 ERN | 148,266.40 XOF |
| 5,000 ERN | 185,333.00 XOF |
| 10,000 ERN | 370,666.00 XOF |
| 15,000 ERN | 555,999.00 XOF |
| 20,000 ERN | 741,332.00 XOF |
| 30,000 ERN | 1,111,998.00 XOF |
| 40,000 ERN | 1,482,664.00 XOF |
| 50,000 ERN | 1,853,330.00 XOF |
| 100,000 ERN | 3,706,660.00 XOF |
*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 Togo?
With the global remittance market booming, there are so many choices for Eritrean Nakfa to XOF money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Togo from Eritrea. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final XOF amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best exchange rate for your money transfers from Eritrea to Togo?
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 Togo.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Eritrea to Togo 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 CFA Franc BCEAO 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 transfer money from Eritrea to Togo?
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 Togo 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 CFA Franc BCEAO 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 Togo 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 XOF remittances.
How to send money to Togo from Eritrea through a bank?
We do not recommend using your local bank in Eritrea for your next ERN to XOF 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 Togo (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 XOF to Togo. These companies will let you use your local bank account in Eritrea to pay for your Togo money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
What is the fastest way to do a money transfer to Togo from Eritrea?
The speed of your Eritrean Nakfa to CFA Franc BCEAO 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 XOF. 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 Togo 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 Togo 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 XOF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Eritrea bank to Togo bank transfer.
Which are the best money transfer companies to transfer money to Togo from Eritrea?
Eritrea to Togo 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 Togo 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 CFA Franc BCEAO 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 Togo from Eritrea
The first step to send money to Togo 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 XOF 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 Togo 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 Togo!