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Compare today's AUD to ERN (Australian Dollar to Eritrean Nakfa) exchange rates

Nauru
Eritrea
AUD

Interbank Exchange Rate: 1 AUD = 10.5436 ERN
Updated about an hour ago

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All you need to know about Australian Dollar to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Nauru to Eritrea. Send money overseas to your loved ones by comparing Australian Dollar (AUD) 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 Nauru.

Were you looking to send money from Eritrea to Nauru 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 AUD to ERN Conversion Rates

Here are some latest AUD to ERN (Australian Dollar to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 AUD10.54 ERN
5 AUD52.72 ERN
10 AUD105.44 ERN
25 AUD263.59 ERN
50 AUD527.18 ERN
100 AUD1,054.36 ERN
150 AUD1,581.54 ERN
200 AUD2,108.72 ERN
250 AUD2,635.90 ERN
300 AUD3,163.08 ERN
400 AUD4,217.44 ERN
500 AUD5,271.80 ERN
600 AUD6,326.16 ERN
700 AUD7,380.52 ERN
800 AUD8,434.88 ERN
1,000 AUD10,543.60 ERN
1,500 AUD15,815.40 ERN
2,000 AUD21,087.20 ERN
2,500 AUD26,359.00 ERN
3,000 AUD31,630.80 ERN
4,000 AUD42,174.40 ERN
5,000 AUD52,718.00 ERN
10,000 AUD105,436.00 ERN
15,000 AUD158,154.00 ERN
20,000 AUD210,872.00 ERN
30,000 AUD316,308.00 ERN
40,000 AUD421,744.00 ERN
50,000 AUD527,180.00 ERN
100,000 AUD1,054,360.00 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 Nauru to Eritrea?

There are many good choices when it comes to sending money from Nauru to Eritrea. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Australian Dollar to ERN money transfers.

We compare different remittance companies to bring you the best options to send money to Eritrea from Nauru. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Australian Dollar to Eritrean Nakfa money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for your money transfers from Nauru to Eritrea?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Eritrea.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Nauru to Eritrea transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your AUD to Eritrean Nakfa money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


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

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


Should I use my bank to send money from Nauru to Eritrea?

Bank transfers have been a traditionally popular way to send money overseas from Nauru 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 AUD 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 Nauru 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 Nauru to Eritrea fast?

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


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

Nauru to Eritrea money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Eritrea as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Australian Dollar to Eritrean Nakfa money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money from Nauru to Eritrea

With so many possible ways to transfer Australian Dollar to Eritrean Nakfa, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Nauru to Eritrea remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Nauru and the receiver in Eritrea. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your AUD to Eritrean Nakfa money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.