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Compare today's MMK to ERN (Myanmar Kyat to Eritrean Nakfa) exchange rates

Myanmar (Burma)
Eritrea
MMK

Interbank Exchange Rate: 1 MMK = 0.0072 ERN
Updated about an hour ago

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All you need to know about Myanmar Kyat to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Myanmar (Burma) to Eritrea. Send money overseas to your loved ones by comparing Myanmar Kyat (MMK) 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 Myanmar (Burma).

Were you looking to send money from Eritrea to Myanmar (Burma) 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 MMK to ERN Conversion Rates

Here are some latest MMK to ERN (Myanmar Kyat to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 MMK0.01 ERN
5 MMK0.04 ERN
10 MMK0.07 ERN
25 MMK0.18 ERN
50 MMK0.36 ERN
100 MMK0.72 ERN
150 MMK1.08 ERN
200 MMK1.44 ERN
250 MMK1.80 ERN
300 MMK2.16 ERN
400 MMK2.88 ERN
500 MMK3.60 ERN
600 MMK4.32 ERN
700 MMK5.04 ERN
800 MMK5.76 ERN
1,000 MMK7.20 ERN
1,500 MMK10.80 ERN
2,000 MMK14.40 ERN
2,500 MMK18.00 ERN
3,000 MMK21.60 ERN
4,000 MMK28.80 ERN
5,000 MMK36.00 ERN
10,000 MMK72.00 ERN
15,000 MMK108.00 ERN
20,000 MMK144.00 ERN
30,000 MMK216.00 ERN
40,000 MMK288.00 ERN
50,000 MMK360.00 ERN
100,000 MMK720.00 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 Myanmar (Burma) 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 Myanmar (Burma) 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 Myanmar Kyat 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 MMK 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 Myanmar (Burma). 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 exchange rate for sending money from Myanmar (Burma) to Eritrea?

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 MMK 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 Myanmar (Burma) 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 MMK 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 to send money to Eritrea from Myanmar (Burma)?

The final amount your recipient gets when you send MMK to ERN is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Myanmar (Burma) to Eritrea used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Eritrean Nakfa is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Myanmar Kyat to Eritrea exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to send money from Myanmar (Burma) to Eritrea?

Bank transfers have been a traditionally popular way to send money overseas from Myanmar (Burma) 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 MMK 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 Myanmar (Burma) 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.


How to send money from Myanmar (Burma) to Eritrea fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Myanmar (Burma) 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 MMK 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 Myanmar Kyat 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 from Myanmar (Burma) 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 Myanmar (Burma) 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 Myanmar Kyat 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 Myanmar Kyat you send.


Step by step guide to transfer money to Eritrea from Myanmar (Burma)

There are many important aspects of Myanmar (Burma) to Eritrea remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Myanmar (Burma) bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include ERN bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Myanmar Kyat amount you want to send from Myanmar (Burma).
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Eritrea to validate that they get the money once the transaction clears.