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Compare today's XOF to ERN (CFA Franc BCEAO to Eritrean Nakfa) exchange rates

Cote d'ivoire (Ivory Coast)
Eritrea
XOF

Interbank Exchange Rate: 1 XOF = 0.0271 ERN
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Cote d'ivoire (Ivory Coast) to Eritrea. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) 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 Cote d'ivoire (Ivory Coast).

Were you looking to send money from Eritrea to Cote d'ivoire (Ivory Coast) 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 XOF to ERN Conversion Rates

Here are some latest XOF to ERN (CFA Franc BCEAO to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 XOF0.03 ERN
5 XOF0.14 ERN
10 XOF0.27 ERN
25 XOF0.68 ERN
50 XOF1.36 ERN
100 XOF2.71 ERN
150 XOF4.06 ERN
200 XOF5.42 ERN
250 XOF6.77 ERN
300 XOF8.13 ERN
400 XOF10.84 ERN
500 XOF13.55 ERN
600 XOF16.26 ERN
700 XOF18.97 ERN
800 XOF21.68 ERN
1,000 XOF27.10 ERN
1,500 XOF40.65 ERN
2,000 XOF54.20 ERN
2,500 XOF67.75 ERN
3,000 XOF81.30 ERN
4,000 XOF108.40 ERN
5,000 XOF135.50 ERN
10,000 XOF271.00 ERN
15,000 XOF406.50 ERN
20,000 XOF542.00 ERN
30,000 XOF813.00 ERN
40,000 XOF1,084.00 ERN
50,000 XOF1,355.00 ERN
100,000 XOF2,710.00 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 Cote d'ivoire (Ivory Coast)?

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 Cote d'ivoire (Ivory Coast) 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 CFA Franc BCEAO 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 XOF 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 Cote d'ivoire (Ivory Coast). 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 Cote d'ivoire (Ivory Coast)?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Eritrea from Cote d'ivoire (Ivory Coast). 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 XOF 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 Cote d'ivoire (Ivory Coast) 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 to Eritrea from Cote d'ivoire (Ivory Coast)?

One of the most important things to watch out for is hidden fees when sending money to Eritrea from Cote d'ivoire (Ivory Coast). 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 XOF 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 Cote d'ivoire (Ivory Coast).


How to send money to Eritrea from Cote d'ivoire (Ivory Coast) through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Cote d'ivoire (Ivory Coast) 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 XOF 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 Cote d'ivoire (Ivory Coast) 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 Cote d'ivoire (Ivory Coast) to Eritrea?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Cote d'ivoire (Ivory Coast) 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 XOF 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 CFA Franc BCEAO 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 Cote d'ivoire (Ivory Coast)?

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 Cote d'ivoire (Ivory Coast) 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 CFA Franc BCEAO 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 CFA Franc BCEAO you send.


Step by step guide to do a money transfer from Cote d'ivoire (Ivory Coast) 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 Cote d'ivoire (Ivory Coast) 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 Cote d'ivoire (Ivory Coast) 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 Cote d'ivoire (Ivory Coast) 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 XOF travel to another part of the globe.