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Compare today's HKD to ERN (Hong Kong Dollar to Eritrean Nakfa) exchange rates

Hong Kong
Eritrea
HKD
Interbank Exchange Rate: 1 HKD = 1.9284 ERN
Updated about an hour ago

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All you need to know about Hong Kong Dollar to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Hong Kong to Eritrea. Send money overseas to your loved ones by comparing Hong Kong Dollar (HKD) 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.

Were you looking to send money from Eritrea to Hong Kong 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 HKD to ERN Conversion Rates

Here are some latest HKD to ERN (Hong Kong Dollar to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 HKD1.93 ERN
5 HKD9.64 ERN
10 HKD19.28 ERN
25 HKD48.21 ERN
50 HKD96.42 ERN
100 HKD192.84 ERN
150 HKD289.26 ERN
200 HKD385.68 ERN
250 HKD482.10 ERN
300 HKD578.52 ERN
400 HKD771.36 ERN
500 HKD964.20 ERN
600 HKD1,157.04 ERN
700 HKD1,349.88 ERN
800 HKD1,542.72 ERN
1,000 HKD1,928.40 ERN
1,500 HKD2,892.60 ERN
2,000 HKD3,856.80 ERN
2,500 HKD4,821.00 ERN
3,000 HKD5,785.20 ERN
4,000 HKD7,713.60 ERN
5,000 HKD9,642.00 ERN
10,000 HKD19,284.00 ERN
15,000 HKD28,926.00 ERN
20,000 HKD38,568.00 ERN
30,000 HKD57,852.00 ERN
40,000 HKD77,136.00 ERN
50,000 HKD96,420.00 ERN
100,000 HKD192,840.00 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 Hong Kong to Eritrea money transfers?

It can be very confusing when sending money from Hong Kong to Eritrea given so many choices. Additionally, Hong Kong Dollar 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 Hong Kong 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 Hong Kong. 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 Hong Kong Dollar to Eritrean Nakfa remittances.


How to get the best exchange rate for your money transfers from Hong Kong to Eritrea?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Eritrea.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Hong Kong to Eritrea transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your HKD to Eritrean Nakfa money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money to Eritrea from Hong Kong?

Finding the cheapest way to send money from Hong Kong to Eritrea might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer HKD to ERN via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Hong Kong to Eritrea exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money from Hong Kong to Eritrea through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Hong Kong 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 HKD 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 Hong Kong 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.


How to send money from Hong Kong to Eritrea fast?

If you need to convert HKD to ERN as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Hong Kong to Eritrea could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Hong Kong Dollar to Eritrean Nakfa funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Eritrea.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Hong Kong to Eritrea. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to transfer money to Eritrea from Hong Kong?

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 Hong Kong to Eritrea, 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 Hong Kong Dollar to Eritrean Nakfa 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 ERN money transfers to Eritrea. 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 Eritrea getting more money for every Hong Kong Dollar you send.


Step by step guide to transfer money to Eritrea from Hong Kong

With so many possible ways to transfer Hong Kong Dollar 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 Hong Kong 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 Hong Kong 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 HKD to Eritrean Nakfa money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.