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Compare today's EUR to ERN (Euro to Eritrean Nakfa) exchange rates

Portugal
Eritrea
EUR

Interbank Exchange Rate: 1 EUR = 17.7548 ERN
Updated about an hour ago

Found 5 Remittance Service Providers

(*)(*)( )( )( )
1000 EUR =
17 682.20 ERN
Transfer Limit (EUR): 12 - 4000
Indicative Rate1 EUR = 17.6822 ERN
( )( )( )( )( )
1000 EUR =
17 585.00 ERN
Transfer Limit (EUR): 12 - 100000
Indicative Rate1 EUR = 17.5850 ERN
(*)(*)(*)(*)(*)
1000 EUR =
17 310.00 ERN
Transfer Limit (EUR): 1 - 10000
Locked-In Rate1 EUR = 17.3100 ERN
(*)(*)(*)(*)(*)
1000 EUR =
17 293.00 ERN
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 17.2930 ERN
(*)(*)(*)(*)( )
1000 EUR =
17 210.00 ERN
Transfer Limit (EUR): 0 - 20000
Locked-In Rate1 EUR = 17.2100 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 Euro to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Portugal to Eritrea. Send money overseas to your loved ones by comparing Euro (EUR) 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 Portugal, we currently have 5 remittance service providers available.

Dahabshiil currently offers the most competitive rate for sending money to Eritrea and their 1 EUR to ERN exchange rate today is 17.6822.

The next best Euro to Eritrean Nakfa exchange rate today for money transfers to Eritrea is offered by TalkRemit (1 EUR = 17.5850 ERN).

Ria Money Transfer and Western Union are amongst other competitive providers to consider for Portugal to Eritrea money transfers.

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 Portugal.

Were you looking to send money from Eritrea to Portugal 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 EUR to ERN Conversion Rates

Here are some latest EUR to ERN (Euro to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 EUR17.75 ERN
5 EUR88.77 ERN
10 EUR177.55 ERN
25 EUR443.87 ERN
50 EUR887.74 ERN
100 EUR1,775.48 ERN
150 EUR2,663.22 ERN
200 EUR3,550.96 ERN
250 EUR4,438.70 ERN
300 EUR5,326.44 ERN
400 EUR7,101.92 ERN
500 EUR8,877.40 ERN
600 EUR10,652.88 ERN
700 EUR12,428.36 ERN
800 EUR14,203.84 ERN
1,000 EUR17,754.80 ERN
1,500 EUR26,632.20 ERN
2,000 EUR35,509.60 ERN
2,500 EUR44,387.00 ERN
3,000 EUR53,264.40 ERN
4,000 EUR71,019.20 ERN
5,000 EUR88,774.00 ERN
10,000 EUR177,548.00 ERN
15,000 EUR266,322.00 ERN
20,000 EUR355,096.00 ERN
30,000 EUR532,644.00 ERN
40,000 EUR710,192.00 ERN
50,000 EUR887,740.00 ERN
100,000 EUR1,775,480.00 ERN

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Portugal to Eritrea money transfers?

There are many good choices when it comes to sending money from Portugal 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 Euro to ERN money transfers.

We compare different remittance companies to bring you the best options to send money to Eritrea from Portugal. 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 Euro 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 remit rate for transferring money from Portugal to Eritrea?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Eritrea from Portugal. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your EUR to Eritrean Nakfa money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Portugal to Eritrea corridor to give you more good choices for your next ERN money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money from Portugal to Eritrea?

Finding the cheapest way to send money from Portugal 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 EUR 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 Portugal 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 Portugal to Eritrea through a bank?

We do not recommend using your local bank in Portugal for your next EUR to ERN overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Portugal to Eritrea (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending ERN to Eritrea. These companies will let you use your local bank account in Portugal to pay for your Eritrea money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Eritrea from Portugal fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Portugal 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 EUR 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 Euro 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 to Eritrea from Portugal?

Comparing money transfer companies for sending money to Eritrea from Portugal 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 Euro 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 Euro that you send.


Step by step guide to do a money transfer from Portugal to Eritrea

The first step to send money to Eritrea from Portugal 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 EUR 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 Portugal 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 Portugal to Eritrea.