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Compare today's ERN to USD (Eritrean Nakfa to US Dollar) exchange rates

Eritrea
United States Minor Outlying Islands
ERN

Interbank Exchange Rate: 1 ERN = 0.0667 USD
Updated about an hour ago

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All you need to know about Eritrean Nakfa to US Dollar money transfers

Easily compare money transfer providers in one place to send money from Eritrea to United States Minor Outlying Islands. Send money overseas to your loved ones by comparing Eritrean Nakfa (ERN) to US Dollar (USD) 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 United States Minor Outlying Islands 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 USD Conversion Rates

Here are some latest ERN to USD (Eritrean Nakfa to US Dollar) exchange rates for popular conversion amounts*.

1 ERN0.07 USD
5 ERN0.33 USD
10 ERN0.67 USD
25 ERN1.67 USD
50 ERN3.34 USD
100 ERN6.67 USD
150 ERN10.00 USD
200 ERN13.34 USD
250 ERN16.67 USD
300 ERN20.01 USD
400 ERN26.68 USD
500 ERN33.35 USD
600 ERN40.02 USD
700 ERN46.69 USD
800 ERN53.36 USD
1,000 ERN66.70 USD
1,500 ERN100.05 USD
2,000 ERN133.40 USD
2,500 ERN166.75 USD
3,000 ERN200.10 USD
4,000 ERN266.80 USD
5,000 ERN333.50 USD
10,000 ERN667.00 USD
15,000 ERN1,000.50 USD
20,000 ERN1,334.00 USD
30,000 ERN2,001.00 USD
40,000 ERN2,668.00 USD
50,000 ERN3,335.00 USD
100,000 ERN6,670.00 USD

*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 United States Minor Outlying Islands?

There are many good choices when it comes to sending money from Eritrea to United States Minor Outlying 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 USD money transfers.

We compare different remittance companies to bring you the best options to send money to United States Minor Outlying 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 United States Dollar 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 United States Minor Outlying Islands?

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 United States Minor Outlying Islands from Eritrea.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your ERN to United States Dollar 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 USD 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 send money to United States Minor Outlying Islands from Eritrea?

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 United States Minor Outlying Islands 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 United States Dollar 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 United States Minor Outlying Islands 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 USD remittances.


Should I use my bank to transfer money from Eritrea to United States Minor Outlying Islands?

We do not recommend using your local bank in Eritrea for your next ERN to USD 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 United States Minor Outlying 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 USD to United States Minor Outlying Islands. These companies will let you use your local bank account in Eritrea to pay for your United States Minor Outlying 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 United States Minor Outlying Islands fast?

It could be a stressful experience if you need to rush money quickly from Eritrea to United States Minor Outlying Islands. 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 USD. 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 United States Dollar. 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 United States Minor Outlying Islands money transfers.


Which are the best money transfer companies to send money from Eritrea to United States Minor Outlying Islands?

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 United States Minor Outlying Islands, 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 United States Dollar 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 USD money transfers to United States Minor Outlying Islands. 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 United States Minor Outlying Islands getting more money for every Eritrean Nakfa you send.


Step by step guide to send money from Eritrea to United States Minor Outlying Islands

The first step to send money to United States Minor Outlying Islands 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 USD 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 United States Minor Outlying Islands 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 United States Minor Outlying Islands!

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 United States Minor Outlying Islands.