Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's OMR to ERN (Omani Rial to Eritrean Nakfa) exchange rates

Oman
Eritrea
OMR

Interbank Exchange Rate: 1 OMR = 39.0104 ERN
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Omani Rial to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Oman to Eritrea. Send money overseas to your loved ones by comparing Omani Rial (OMR) 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 Oman.

Were you looking to send money from Eritrea to Oman 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 OMR to ERN Conversion Rates

Here are some latest OMR to ERN (Omani Rial to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 OMR39.01 ERN
5 OMR195.05 ERN
10 OMR390.10 ERN
25 OMR975.26 ERN
50 OMR1,950.52 ERN
100 OMR3,901.04 ERN
150 OMR5,851.56 ERN
200 OMR7,802.08 ERN
250 OMR9,752.60 ERN
300 OMR11,703.12 ERN
400 OMR15,604.16 ERN
500 OMR19,505.20 ERN
600 OMR23,406.24 ERN
700 OMR27,307.28 ERN
800 OMR31,208.32 ERN
1,000 OMR39,010.40 ERN
1,500 OMR58,515.60 ERN
2,000 OMR78,020.80 ERN
2,500 OMR97,526.00 ERN
3,000 OMR117,031.20 ERN
4,000 OMR156,041.60 ERN
5,000 OMR195,052.00 ERN
10,000 OMR390,104.00 ERN
15,000 OMR585,156.00 ERN
20,000 OMR780,208.00 ERN
30,000 OMR1,170,312.00 ERN
40,000 OMR1,560,416.00 ERN
50,000 OMR1,950,520.00 ERN
100,000 OMR3,901,040.00 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 Oman to Eritrea?

With the global remittance market booming, there are so many choices for Omani Rial 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 Oman. 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 remit rate for transferring money from Oman 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 Oman.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your OMR 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 OMR 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 send money from Oman 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 Oman 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 Omani Rial 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 Oman 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 OMR to ERN remittances.


Should I use my bank to transfer money from Oman to Eritrea?

Bank transfers have been a traditionally popular way to send money overseas from Oman 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 OMR 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 Oman 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 do a money transfer to Eritrea from Oman?

The speed of your Omani Rial 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 OMR 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 Oman 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 Oman bank to Eritrea bank transfer.


Which are the best money transfer companies to transfer money from Oman 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 Oman 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 Omani Rial 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 Omani Rial you send.


Step by step guide to do a money transfer from Oman 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 Oman 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 Oman 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 Oman 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 OMR travel to another part of the globe.