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Compare today's IDR to ERN (Indonesian Rupiah to Eritrean Nakfa) exchange rates

Indonesia
Eritrea
IDR

Interbank Exchange Rate: 1 IDR = 0.0009 ERN
Updated about an hour ago

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All you need to know about Indonesian Rupiah to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Indonesia to Eritrea. Send money overseas to your loved ones by comparing Indonesian Rupiah (IDR) 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 Indonesia.

Were you looking to send money from Eritrea to Indonesia 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 IDR to ERN Conversion Rates

Here are some latest IDR to ERN (Indonesian Rupiah to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 IDR0.00 ERN
5 IDR0.00 ERN
10 IDR0.01 ERN
25 IDR0.02 ERN
50 IDR0.05 ERN
100 IDR0.09 ERN
150 IDR0.14 ERN
200 IDR0.18 ERN
250 IDR0.23 ERN
300 IDR0.27 ERN
400 IDR0.36 ERN
500 IDR0.45 ERN
600 IDR0.54 ERN
700 IDR0.63 ERN
800 IDR0.72 ERN
1,000 IDR0.90 ERN
1,500 IDR1.35 ERN
2,000 IDR1.80 ERN
2,500 IDR2.25 ERN
3,000 IDR2.70 ERN
4,000 IDR3.60 ERN
5,000 IDR4.50 ERN
10,000 IDR9.00 ERN
15,000 IDR13.50 ERN
20,000 IDR18.00 ERN
30,000 IDR27.00 ERN
40,000 IDR36.00 ERN
50,000 IDR45.00 ERN
100,000 IDR90.00 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 Indonesia to Eritrea money transfers?

There are many good choices when it comes to sending money from Indonesia 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 Indonesian Rupiah to ERN money transfers.

We compare different remittance companies to bring you the best options to send money to Eritrea from Indonesia. 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 Indonesian Rupiah 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 exchange rate for sending money from Indonesia 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 Indonesia 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 IDR 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 from Indonesia to Eritrea?

One of the most important things to watch out for is hidden fees when sending money to Eritrea from Indonesia. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Eritrea using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Eritrean Nakfa foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best IDR to Eritrea exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Eritrea from Indonesia.


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

Bank transfers have been a traditionally popular way to send money overseas from Indonesia 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 IDR 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 Indonesia 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 transfer money from Indonesia to Eritrea?

It could be a stressful experience if you need to rush money quickly from Indonesia to Eritrea. 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 IDR to ERN. 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 Eritrean Nakfa. 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 Indonesia to Eritrea money transfers.


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

Comparing money transfer companies for sending money to Eritrea from Indonesia 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 Indonesian Rupiah 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 Indonesian Rupiah that you send.


Step by step guide to send money from Indonesia to Eritrea

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Indonesia to Eritrea, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Indonesia to Eritrea that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Eritrea where they can receive monies in Eritrean Nakfa.
  • Then, provide details of your Indonesia bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your IDR travel to another part of the globe.