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Compare today's NZD to ERN (New Zealand Dollar to Eritrean Nakfa) exchange rates

New Zealand
Eritrea
NZD
Interbank Exchange Rate: 1 NZD = 8.6655 ERN
Updated about an hour ago

Found 2 Remittance Service Providers

RIAMONEYTX
Read more about Ria Money Transfer
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 NZD =
8 490.00 ERN
Transfer Limit (NZD): 1 - 20000
Locked-In Rate1 NZD = 8.4900 ERN
REMITLY
Read more about Remitly
(*)★★ (*)★★ (*)★★ (*)★★ ( )★★
1000 NZD =
8 457.70 ERN
Transfer Limit (NZD): 0 - 20000
Locked-In Rate1 NZD = 8.4577 ERN

📢 Special exchange rate applied for first transfer

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about New Zealand Dollar to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from New Zealand to Eritrea. Send money overseas to your loved ones by comparing New Zealand Dollar (NZD) 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.

When making a money transfer to Eritrea from New Zealand, we currently have 2 remittance service providers available.

Ria Money Transfer currently offers the most competitive rate for sending money to Eritrea and their 1 NZD to ERN exchange rate today is 8.4900.

The next best New Zealand Dollar to Eritrean Nakfa exchange rate today for money transfers to Eritrea is offered by Remitly (1 NZD = 8.4577 ERN).

Were you looking to send money from Eritrea to New Zealand instead?

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.

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.


Latest NZD to ERN Conversion Rates

Here are some latest NZD to ERN (New Zealand Dollar to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 NZD8.67 ERN
5 NZD43.33 ERN
10 NZD86.66 ERN
25 NZD216.64 ERN
50 NZD433.28 ERN
100 NZD866.55 ERN
150 NZD1,299.83 ERN
200 NZD1,733.10 ERN
250 NZD2,166.38 ERN
300 NZD2,599.65 ERN
400 NZD3,466.20 ERN
500 NZD4,332.75 ERN
600 NZD5,199.30 ERN
700 NZD6,065.85 ERN
800 NZD6,932.40 ERN
1,000 NZD8,665.50 ERN
1,500 NZD12,998.25 ERN
2,000 NZD17,331.00 ERN
2,500 NZD21,663.75 ERN
3,000 NZD25,996.50 ERN
4,000 NZD34,662.00 ERN
5,000 NZD43,327.50 ERN
10,000 NZD86,655.00 ERN
15,000 NZD129,982.50 ERN
20,000 NZD173,310.00 ERN
30,000 NZD259,965.00 ERN
40,000 NZD346,620.00 ERN
50,000 NZD433,275.00 ERN
100,000 NZD866,550.00 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 New Zealand?

It can be very confusing when sending money from New Zealand to Eritrea given so many choices. Additionally, New Zealand Dollar to ERN exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose New Zealand to Eritrea as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Eritrea from New Zealand. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for New Zealand Dollar to Eritrean Nakfa remittances.


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

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Eritrea from New Zealand.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your NZD to Eritrean Nakfa remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for NZD to ERN remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from New Zealand to Eritrea?

The final amount your recipient gets when you send NZD 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 New Zealand 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 New Zealand Dollar 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 transfer money from New Zealand to Eritrea?

Bank transfers have been a traditionally popular way to send money overseas from New Zealand 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 NZD 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 New Zealand 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.


What is the fastest way to transfer money from New Zealand to Eritrea?

The speed of your New Zealand Dollar to Eritrean Nakfa funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert NZD to ERN. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Eritrea from New Zealand is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Eritrea if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout ERN into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than New Zealand bank to Eritrea bank transfer.


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

Comparing money transfer companies for sending money to Eritrea from New Zealand 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 New Zealand Dollar 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 New Zealand Dollar that you send.


Step by step guide to do a money transfer from New Zealand 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 New Zealand 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 New Zealand 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 New Zealand 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 NZD travel to another part of the globe.