Compare today's EUR to ERN (Euro to Eritrean Nakfa) exchange rates
Interbank Exchange Rate: 1 EUR = 17.7494 ERN
Updated about an hour ago
Found 5 Remittance Service Providers
1000 EUR =
17 682.20 ERN
Transfer Limit (EUR): 12 - 4000
Indicative Rate1 EUR = 17.6822 ERN
1000 EUR =
17 585.00 ERN
Transfer Limit (EUR): 12 - 100000
Indicative Rate1 EUR = 17.5850 ERN
1000 EUR =
17 310.00 ERN
Transfer Limit (EUR): 1 - 10000
Locked-In Rate1 EUR = 17.3100 ERN
1000 EUR =
17 293.00 ERN
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 17.2930 ERN
1000 EUR =
17 210.00 ERN
Transfer Limit (EUR): 0 - 20000
Locked-In Rate1 EUR = 17.2100 ERN
📢 Special exchange rate applied for first transfer
0 Remit Service Providers did not match the search criteria.
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 Italy 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 Italy, 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 17.6822.
The next best Euro to Eritrean Nakfa exchange rate today for money transfers to Eritrea is offered by TalkRemit (1 EUR = 17.5850 ERN).
Ria Money Transfer and Western Union are amongst other competitive providers to consider for Italy to Eritrea money transfers.
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 Italy.
Were you looking to send money from Eritrea to Italy 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 EUR to ERN Conversion Rates
Here are some latest EUR to ERN (Euro to Eritrean Nakfa) exchange rates for popular conversion amounts*.
| 1 EUR | 17.75 ERN |
| 5 EUR | 88.75 ERN |
| 10 EUR | 177.49 ERN |
| 25 EUR | 443.74 ERN |
| 50 EUR | 887.47 ERN |
| 100 EUR | 1,774.94 ERN |
| 150 EUR | 2,662.41 ERN |
| 200 EUR | 3,549.88 ERN |
| 250 EUR | 4,437.35 ERN |
| 300 EUR | 5,324.82 ERN |
| 400 EUR | 7,099.76 ERN |
| 500 EUR | 8,874.70 ERN |
| 600 EUR | 10,649.64 ERN |
| 700 EUR | 12,424.58 ERN |
| 800 EUR | 14,199.52 ERN |
| 1,000 EUR | 17,749.40 ERN |
| 1,500 EUR | 26,624.10 ERN |
| 2,000 EUR | 35,498.80 ERN |
| 2,500 EUR | 44,373.50 ERN |
| 3,000 EUR | 53,248.20 ERN |
| 4,000 EUR | 70,997.60 ERN |
| 5,000 EUR | 88,747.00 ERN |
| 10,000 EUR | 177,494.00 ERN |
| 15,000 EUR | 266,241.00 ERN |
| 20,000 EUR | 354,988.00 ERN |
| 30,000 EUR | 532,482.00 ERN |
| 40,000 EUR | 709,976.00 ERN |
| 50,000 EUR | 887,470.00 ERN |
| 100,000 EUR | 1,774,940.00 ERN |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from Italy to Eritrea?
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 Italy 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 Euro 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 EUR 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 Italy. 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 Italy?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Eritrea from Italy. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.One way you could eliminate the manual work to search and compare providers for your EUR to Eritrean Nakfa money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.
We are also constantly adding new partners for the Italy to Eritrea corridor to give you more good choices for your next ERN money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to send money from Italy 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 Italy 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 Euro 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 Italy 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 EUR to ERN remittances.
Should I use my bank to send money from Italy to Eritrea?
We do not recommend using your local bank in Italy for your next EUR to ERN overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Italy to Eritrea (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.
Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending ERN to Eritrea. These companies will let you use your local bank account in Italy to pay for your Eritrea money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
How to send money to Eritrea from Italy fast?
It could be a stressful experience if you need to rush money quickly from Italy 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 EUR 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 Italy to Eritrea money transfers.
Which are the best money transfer companies to transfer money from Italy to Eritrea?
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 Italy 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 Euro 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 Euro you send.
Step by step guide to send money to Eritrea from Italy
The first step to send money to Eritrea from Italy is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.Once you have a provider chosen, follow these steps to execute your EUR to ERN overseas funds transfer.
- Click through to the provider's site and register an account.
- Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
- Add recipient information including their bank account in Eritrea if paying via ACH direct deposit or bank transfer.
- Enter your sending amount, and initiate a transaction.
- Pay for your transaction via your Italy bank account or alternative methods like a debit card.
- Sit back and relax, and see your money travel to Eritrea!