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

Eritrea
United States
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. 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.

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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 USA?

There are many good choices when it comes to sending money from Eritrea to USA. 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 USA 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 USA?

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 USA 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 USA 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 USA 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 USA 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.


How to send money to USA 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 USD 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 USA 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 USA 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 USA. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Eritrea to USA fast?

It could be a stressful experience if you need to rush money quickly from Eritrea to USA. 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 USA money transfers.


Which are the best money transfer companies to transfer money from Eritrea to USA?

The first step in selecting the best money transfer operators for Eritrea to USA remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Eritrean Nakfa to United States Dollar money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to USA.


Step by step guide to do a money transfer from Eritrea to USA

There are many important aspects of Eritrea to USA 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 USD 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.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in USA to validate that they get the money once the transaction clears.