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

Compare today's HNL to ERN (Honduran Lempira to Eritrean Nakfa) exchange rates

Honduras
Eritrea
HNL

Interbank Exchange Rate: 1 HNL = 0.5676 ERN
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Honduran Lempira to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Honduras to Eritrea. Send money overseas to your loved ones by comparing Honduran Lempira (HNL) 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 Honduras.

Were you looking to send money from Eritrea to Honduras 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 HNL to ERN Conversion Rates

Here are some latest HNL to ERN (Honduran Lempira to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 HNL0.57 ERN
5 HNL2.84 ERN
10 HNL5.68 ERN
25 HNL14.19 ERN
50 HNL28.38 ERN
100 HNL56.76 ERN
150 HNL85.14 ERN
200 HNL113.52 ERN
250 HNL141.90 ERN
300 HNL170.28 ERN
400 HNL227.04 ERN
500 HNL283.80 ERN
600 HNL340.56 ERN
700 HNL397.32 ERN
800 HNL454.08 ERN
1,000 HNL567.60 ERN
1,500 HNL851.40 ERN
2,000 HNL1,135.20 ERN
2,500 HNL1,419.00 ERN
3,000 HNL1,702.80 ERN
4,000 HNL2,270.40 ERN
5,000 HNL2,838.00 ERN
10,000 HNL5,676.00 ERN
15,000 HNL8,514.00 ERN
20,000 HNL11,352.00 ERN
30,000 HNL17,028.00 ERN
40,000 HNL22,704.00 ERN
50,000 HNL28,380.00 ERN
100,000 HNL56,760.00 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 Honduras?

There are many good choices when it comes to sending money from Honduras to Eritrea. 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 Honduran Lempira to ERN money transfers.

We compare different remittance companies to bring you the best options to send money to Eritrea from Honduras. 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 Honduran Lempira to Eritrean Nakfa money transfers. You can take advantage of these deals and make the most of your hard earned money.


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

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 Honduras.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your HNL 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 HNL 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 Honduras to Eritrea?

When you want to send money to Eritrea from Honduras, 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 HNL 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 Honduras 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 Honduras 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.


How to send money from Honduras to Eritrea through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Honduras to Eritrea. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the HNL to ERN exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Honduras bank for your Eritrea money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to do a money transfer to Eritrea from Honduras?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Honduras 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 HNL 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 Honduran Lempira 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 to Eritrea from Honduras?

Comparing money transfer companies for sending money to Eritrea from Honduras 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 Honduran Lempira 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 Honduran Lempira that you send.


Step by step guide to transfer money to Eritrea from Honduras

With so many possible ways to transfer Honduran Lempira 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 Honduras 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 Honduras 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 HNL to Eritrean Nakfa money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.