Compare today's RWF to ERN (Rwandan Franc to Eritrean Nakfa) exchange rates
Interbank Exchange Rate: 1 RWF = 0.0104 ERN
Updated about an hour ago
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All you need to know about Rwandan Franc to Eritrean Nakfa money transfers
Easily compare money transfer providers in one place to send money from Rwanda to Eritrea. Send money overseas to your loved ones by comparing Rwandan Franc (RWF) 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 Rwanda.
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Latest RWF to ERN Conversion Rates
Here are some latest RWF to ERN (Rwandan Franc to Eritrean Nakfa) exchange rates for popular conversion amounts*.
| 1 RWF | 0.01 ERN |
| 5 RWF | 0.05 ERN |
| 10 RWF | 0.10 ERN |
| 25 RWF | 0.26 ERN |
| 50 RWF | 0.52 ERN |
| 100 RWF | 1.04 ERN |
| 150 RWF | 1.56 ERN |
| 200 RWF | 2.08 ERN |
| 250 RWF | 2.60 ERN |
| 300 RWF | 3.12 ERN |
| 400 RWF | 4.16 ERN |
| 500 RWF | 5.20 ERN |
| 600 RWF | 6.24 ERN |
| 700 RWF | 7.28 ERN |
| 800 RWF | 8.32 ERN |
| 1,000 RWF | 10.40 ERN |
| 1,500 RWF | 15.60 ERN |
| 2,000 RWF | 20.80 ERN |
| 2,500 RWF | 26.00 ERN |
| 3,000 RWF | 31.20 ERN |
| 4,000 RWF | 41.60 ERN |
| 5,000 RWF | 52.00 ERN |
| 10,000 RWF | 104.00 ERN |
| 15,000 RWF | 156.00 ERN |
| 20,000 RWF | 208.00 ERN |
| 30,000 RWF | 312.00 ERN |
| 40,000 RWF | 416.00 ERN |
| 50,000 RWF | 520.00 ERN |
| 100,000 RWF | 1,040.00 ERN |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to do Rwanda to Eritrea money transfers?
It can be very confusing when sending money from Rwanda to Eritrea given so many choices. Additionally, Rwandan Franc 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 Rwanda 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 Rwanda. 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 Rwandan Franc to Eritrean Nakfa remittances.
How to get the best exchange rate for sending money from Rwanda to Eritrea?
With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Rwanda to Eritrea transfers.RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your RWF to Eritrean Nakfa international money transfers.
To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Rwandan Franc to Eritrean Nakfa exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.
What's the cheapest way to send money from Rwanda to Eritrea?
When you want to send money to Eritrea from Rwanda, you obviously want the cheapest possible option to maximize the money your recipient gets in Eritrean Nakfa. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your RWF to ERN money transfers.Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Rwanda to Eritrea. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.
That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Rwanda to Eritrea exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Eritrean Nakfa overseas.
Should I use my bank to send money from Rwanda to Eritrea?
There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low RWF to ERN exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Rwanda to Eritrea money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.
Most of the remittance companies today offer bank to bank transfers for sending money to Eritrea from Rwanda. They do this by letting you fund your transaction through your local bank account in Rwanda, and by allowing you to choose the payout to be your recipient's bank account in Eritrea. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to transfer money from Rwanda to Eritrea?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Rwanda 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 RWF 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 Rwandan Franc 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 Rwanda to Eritrea?
Rwanda 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 Rwandan Franc 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 transfer money to Eritrea from Rwanda
Follow the below easy steps to send money to Eritrea from Rwanda.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Rwanda bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Eritrea).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.