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Compare today's MXN to ERN (Mexican Peso to Eritrean Nakfa) exchange rates

Mexico
Eritrea
MXN

Interbank Exchange Rate: 1 MXN = 0.8712 ERN
Updated about an hour ago

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All you need to know about Mexican Peso to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Mexico to Eritrea. Send money overseas to your loved ones by comparing Mexican Peso (MXN) 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 Mexico.

Were you looking to send money from Eritrea to Mexico 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 MXN to ERN Conversion Rates

Here are some latest MXN to ERN (Mexican Peso to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 MXN0.87 ERN
5 MXN4.36 ERN
10 MXN8.71 ERN
25 MXN21.78 ERN
50 MXN43.56 ERN
100 MXN87.12 ERN
150 MXN130.68 ERN
200 MXN174.24 ERN
250 MXN217.80 ERN
300 MXN261.36 ERN
400 MXN348.48 ERN
500 MXN435.60 ERN
600 MXN522.72 ERN
700 MXN609.84 ERN
800 MXN696.96 ERN
1,000 MXN871.20 ERN
1,500 MXN1,306.80 ERN
2,000 MXN1,742.40 ERN
2,500 MXN2,178.00 ERN
3,000 MXN2,613.60 ERN
4,000 MXN3,484.80 ERN
5,000 MXN4,356.00 ERN
10,000 MXN8,712.00 ERN
15,000 MXN13,068.00 ERN
20,000 MXN17,424.00 ERN
30,000 MXN26,136.00 ERN
40,000 MXN34,848.00 ERN
50,000 MXN43,560.00 ERN
100,000 MXN87,120.00 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 Mexico?

With the global remittance market booming, there are so many choices for Mexican Peso 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 Mexico. 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 rate to transfer money to Eritrea from Mexico?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your MXN to Eritrean Nakfa money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Mexico to Eritrea. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for MXN to ERN remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way for transferring money to Eritrea from Mexico?

Finding the cheapest way to send money from Mexico to Eritrea might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer MXN to ERN via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Mexico to Eritrea exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


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

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Mexico to Eritrea money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like MXN to ERN transfers.

Given this, there are umpteen additional options to send money to Eritrea instead of just your Mexico bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Mexican Peso even more so that your recipient in Eritrea gets the maximum amount.


How to send money to Eritrea from Mexico fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Mexico 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 MXN 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 Mexican Peso 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 transfer money from Mexico to Eritrea?

Comparing money transfer companies for sending money to Eritrea from Mexico 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 Mexican Peso 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 Mexican Peso that you send.


Step by step guide to send money from Mexico to Eritrea

The first step to send money to Eritrea from Mexico 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 MXN 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 Mexico bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Eritrea!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Mexico to Eritrea.