Send money overseas with WorldRemit to take advantage of bank-beating exchange rates

Compare today's EUR to ERN (Euro to Eritrean Nakfa) exchange rates

Germany
Eritrea
EUR
Interbank Exchange Rate: 1 EUR = 17.3610 ERN
Updated about an hour ago

Found 5 Remittance Service Providers

(*)(*)( )( )( )
1000 EUR =
17 360.50 ERN
Transfer Limit (EUR): 12 - 4000
Indicative Rate1 EUR = 17.3605 ERN
( )( )( )( )( )
1000 EUR =
17 265.00 ERN
Transfer Limit (EUR): 12 - 100000
Indicative Rate1 EUR = 17.2650 ERN
(*)(*)(*)(*)( )
1000 EUR =
17 130.00 ERN
Transfer Limit (EUR): 0 - 20000
Locked-In Rate1 EUR = 17.1300 ERN

📢 Special exchange rate applied for first transfer
(*)(*)(*)(*)(*)
1000 EUR =
16 990.00 ERN
Transfer Limit (EUR): 1 - 10000
Locked-In Rate1 EUR = 16.9900 ERN
(*)(*)(*)(*)(*)
1000 EUR =
16 976.10 ERN
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 16.9761 ERN

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Euro to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Germany to Eritrea. Send money overseas to your loved ones by comparing Euro (EUR) 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.

When making a money transfer to Eritrea from Germany, we currently have 5 remittance service providers available.

Dahabshiil currently offers the most competitive rate for sending money to Eritrea and their 1 EUR to ERN exchange rate today is 17.3605.

The next best Euro to Eritrean Nakfa exchange rate today for money transfers to Eritrea is offered by TalkRemit (1 EUR = 17.2650 ERN).

Remitly and Ria Money Transfer are amongst other competitive providers to consider for Germany to Eritrea money transfers.

Were you looking to send money from Eritrea to Germany instead?

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.

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.


Latest EUR to ERN Conversion Rates

Here are some latest EUR to ERN (Euro to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 EUR17.36 ERN
5 EUR86.81 ERN
10 EUR173.61 ERN
25 EUR434.03 ERN
50 EUR868.05 ERN
100 EUR1,736.10 ERN
150 EUR2,604.15 ERN
200 EUR3,472.20 ERN
250 EUR4,340.25 ERN
300 EUR5,208.30 ERN
400 EUR6,944.40 ERN
500 EUR8,680.50 ERN
600 EUR10,416.60 ERN
700 EUR12,152.70 ERN
800 EUR13,888.80 ERN
1,000 EUR17,361.00 ERN
1,500 EUR26,041.50 ERN
2,000 EUR34,722.00 ERN
2,500 EUR43,402.50 ERN
3,000 EUR52,083.00 ERN
4,000 EUR69,444.00 ERN
5,000 EUR86,805.00 ERN
10,000 EUR173,610.00 ERN
15,000 EUR260,415.00 ERN
20,000 EUR347,220.00 ERN
30,000 EUR520,830.00 ERN
40,000 EUR694,440.00 ERN
50,000 EUR868,050.00 ERN
100,000 EUR1,736,100.00 ERN

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


What's the best way to send money to Eritrea from Germany?

It can be very confusing when sending money from Germany to Eritrea given so many choices. Additionally, Euro to ERN exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Germany to Eritrea as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Eritrea from Germany. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Euro to Eritrean Nakfa remittances.


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

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Germany to Eritrea transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your EUR to Eritrean Nakfa international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Euro to Eritrean Nakfa exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to transfer money from Germany to Eritrea?

When you want to send money to Eritrea from Germany, you obviously want the cheapest possible option to maximize the money your recipient gets in Eritrean Nakfa. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your EUR to ERN money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Germany to Eritrea. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Germany to Eritrea exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Eritrean Nakfa overseas.


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

Big banks in Germany are known to make a lot of money by charging high fees on Eritrea money transfers from Germany. 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 EUR 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 Germany 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 to Eritrea from Germany fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Germany 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 EUR 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 Euro 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 transfer money to Eritrea from Germany?

Comparing money transfer companies for sending money to Eritrea from Germany can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Eritrea. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Euro to Eritrean Nakfa transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Eritrean Nakfa yield on every Euro that you send.


Step by step guide to send money to Eritrea from Germany

With so many possible ways to transfer Euro to Eritrean Nakfa, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Germany to Eritrea remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Germany and the receiver in Eritrea. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your EUR to Eritrean Nakfa money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.