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Compare today's XOF to ERN (CFA Franc BCEAO to Eritrean Nakfa) exchange rates

Gabon
Eritrea
XOF

Interbank Exchange Rate: 1 XOF = 0.0270 ERN
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Gabon to Eritrea. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Eritrean Nakfa (ERN) 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 Gabon.

Were you looking to send money from Eritrea to Gabon 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 XOF to ERN Conversion Rates

Here are some latest XOF to ERN (CFA Franc BCEAO to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 XOF0.03 ERN
5 XOF0.14 ERN
10 XOF0.27 ERN
25 XOF0.68 ERN
50 XOF1.35 ERN
100 XOF2.70 ERN
150 XOF4.05 ERN
200 XOF5.40 ERN
250 XOF6.75 ERN
300 XOF8.10 ERN
400 XOF10.80 ERN
500 XOF13.50 ERN
600 XOF16.20 ERN
700 XOF18.90 ERN
800 XOF21.60 ERN
1,000 XOF27.00 ERN
1,500 XOF40.50 ERN
2,000 XOF54.00 ERN
2,500 XOF67.50 ERN
3,000 XOF81.00 ERN
4,000 XOF108.00 ERN
5,000 XOF135.00 ERN
10,000 XOF270.00 ERN
15,000 XOF405.00 ERN
20,000 XOF540.00 ERN
30,000 XOF810.00 ERN
40,000 XOF1,080.00 ERN
50,000 XOF1,350.00 ERN
100,000 XOF2,700.00 ERN

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Gabon to Eritrea money transfers?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Gabon to Eritrea. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer CFA Franc BCEAO to ERN.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send XOF to ERN in Eritrea. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Eritrea from Gabon. We provide you with maximum choices to send money to Eritrea by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Eritrea from Gabon?

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 Eritrea from Gabon.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XOF to Eritrean Nakfa 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 XOF to ERN 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 from Gabon to 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 Gabon to Eritrea 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 CFA Franc BCEAO to Eritrean Nakfa 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 Gabon to Eritrea 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 XOF to ERN remittances.


Should I use my bank to transfer money from Gabon to Eritrea?

Big banks in Gabon are known to make a lot of money by charging high fees on Eritrea money transfers from Gabon. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a XOF to ERN exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Eritrea. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Gabon to Eritrea. You work hard for your money, so you should also ensure you get the maximum yield when you send ERN overseas.


How to send money from Gabon to Eritrea fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Gabon to Eritrea. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert XOF to ERN fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your CFA Franc BCEAO amount reaching Eritrea. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Eritrean Nakfa quickly to Eritrea, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to send money from Gabon to Eritrea?

The first step in selecting the best money transfer operators for Gabon to Eritrea 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 CFA Franc BCEAO to Eritrean Nakfa 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 Eritrea.


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

There are many important aspects of Gabon to Eritrea 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 - Gabon 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 ERN 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 CFA Franc BCEAO amount you want to send from Gabon.
  • 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 Eritrea to validate that they get the money once the transaction clears.