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Compare today's KWD to ERN (Kuwaiti Dinar to Eritrean Nakfa) exchange rates

Kuwait
Eritrea
KWD

Interbank Exchange Rate: 1 KWD = 48.7961 ERN
Updated about an hour ago

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All you need to know about Kuwaiti Dinar to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Kuwait to Eritrea. Send money overseas to your loved ones by comparing Kuwaiti Dinar (KWD) 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 Kuwait.

Were you looking to send money from Eritrea to Kuwait 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 KWD to ERN Conversion Rates

Here are some latest KWD to ERN (Kuwaiti Dinar to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 KWD48.80 ERN
5 KWD243.98 ERN
10 KWD487.96 ERN
25 KWD1,219.90 ERN
50 KWD2,439.81 ERN
100 KWD4,879.61 ERN
150 KWD7,319.42 ERN
200 KWD9,759.22 ERN
250 KWD12,199.03 ERN
300 KWD14,638.83 ERN
400 KWD19,518.44 ERN
500 KWD24,398.05 ERN
600 KWD29,277.66 ERN
700 KWD34,157.27 ERN
800 KWD39,036.88 ERN
1,000 KWD48,796.10 ERN
1,500 KWD73,194.15 ERN
2,000 KWD97,592.20 ERN
2,500 KWD121,990.25 ERN
3,000 KWD146,388.30 ERN
4,000 KWD195,184.40 ERN
5,000 KWD243,980.50 ERN
10,000 KWD487,961.00 ERN
15,000 KWD731,941.50 ERN
20,000 KWD975,922.00 ERN
30,000 KWD1,463,883.00 ERN
40,000 KWD1,951,844.00 ERN
50,000 KWD2,439,805.00 ERN
100,000 KWD4,879,610.00 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 Kuwait to Eritrea money transfers?

Sending money internationally to Eritrea from Kuwait can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Kuwaiti Dinar to ERN remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Eritrea. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Eritrean Nakfa.


How to get the best exchange rate for sending money from Kuwait to Eritrea?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Eritrea from Kuwait. 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 KWD 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 Kuwait 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 transfer money from Kuwait to Eritrea?

One of the most important things to watch out for is hidden fees when sending money to Eritrea from Kuwait. 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 KWD 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 Kuwait.


Should I use my bank to transfer money from Kuwait to Eritrea?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low KWD to ERN exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Kuwait to Eritrea money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Eritrea from Kuwait. They do this by letting you fund your transaction through your local bank account in Kuwait, and by allowing you to choose the payout to be your recipient's bank account in Eritrea. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Kuwait to Eritrea fast?

It could be a stressful experience if you need to rush money quickly from Kuwait 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 KWD 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 Kuwait to Eritrea money transfers.


Which are the best money transfer companies to send money to Eritrea from Kuwait?

Since the Kuwaiti Dinar to Eritrean Nakfa money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Kuwait that may also be able to send money to Eritrea. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your KWD to ERN money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Eritrea gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Kuwait to Eritrea transaction.


Step by step guide to do a money transfer from Kuwait 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 Kuwait 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 Kuwait 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 Kuwait 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 KWD travel to another part of the globe.