Compare today's LRD to ERN (Liberian Dollar to Eritrean Nakfa) exchange rates
Interbank Exchange Rate: 1 LRD = 0.0810 ERN
Updated about an hour ago
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All you need to know about Liberian Dollar to Eritrean Nakfa money transfers
Easily compare money transfer providers in one place to send money from Liberia to Eritrea. Send money overseas to your loved ones by comparing Liberian Dollar (LRD) 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 Liberia.
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Latest LRD to ERN Conversion Rates
Here are some latest LRD to ERN (Liberian Dollar to Eritrean Nakfa) exchange rates for popular conversion amounts*.
| 1 LRD | 0.08 ERN |
| 5 LRD | 0.41 ERN |
| 10 LRD | 0.81 ERN |
| 25 LRD | 2.03 ERN |
| 50 LRD | 4.05 ERN |
| 100 LRD | 8.10 ERN |
| 150 LRD | 12.15 ERN |
| 200 LRD | 16.20 ERN |
| 250 LRD | 20.25 ERN |
| 300 LRD | 24.30 ERN |
| 400 LRD | 32.40 ERN |
| 500 LRD | 40.50 ERN |
| 600 LRD | 48.60 ERN |
| 700 LRD | 56.70 ERN |
| 800 LRD | 64.80 ERN |
| 1,000 LRD | 81.00 ERN |
| 1,500 LRD | 121.50 ERN |
| 2,000 LRD | 162.00 ERN |
| 2,500 LRD | 202.50 ERN |
| 3,000 LRD | 243.00 ERN |
| 4,000 LRD | 324.00 ERN |
| 5,000 LRD | 405.00 ERN |
| 10,000 LRD | 810.00 ERN |
| 15,000 LRD | 1,215.00 ERN |
| 20,000 LRD | 1,620.00 ERN |
| 30,000 LRD | 2,430.00 ERN |
| 40,000 LRD | 3,240.00 ERN |
| 50,000 LRD | 4,050.00 ERN |
| 100,000 LRD | 8,100.00 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 Liberia to Eritrea?
With the global remittance market booming, there are so many choices for Liberian Dollar to ERN money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Eritrea from Liberia. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final ERN amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best exchange rate for your money transfers from Liberia to Eritrea?
With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Liberia to Eritrea transfers.RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your LRD to Eritrean Nakfa international money transfers.
To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Liberian Dollar to Eritrean Nakfa exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.
What's the cheapest way to transfer money from Liberia 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 Liberia 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 Liberian Dollar 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 Liberia 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 LRD to ERN remittances.
Should I use my bank to transfer money from Liberia 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 LRD 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 Liberia 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 Liberia. They do this by letting you fund your transaction through your local bank account in Liberia, 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.
What is the fastest way to do a money transfer to Eritrea from Liberia?
It could be a stressful experience if you need to rush money quickly from Liberia 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 LRD 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 Liberia to Eritrea money transfers.
Which are the best money transfer companies to transfer money to Eritrea from Liberia?
Since the Liberian Dollar 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 Liberia 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 LRD 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 Liberia to Eritrea transaction.
Step by step guide to send money to Eritrea from Liberia
Follow the below easy steps to send money to Eritrea from Liberia.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Liberia bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Eritrea).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.