Compare today's SAR to ERN (Saudi Riyal to Eritrean Nakfa) exchange rates
Interbank Exchange Rate: 1 SAR = 4.0000 ERN
Updated about an hour ago
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All you need to know about Saudi Riyal to Eritrean Nakfa money transfers
Easily compare money transfer providers in one place to send money from Saudi Arabia to Eritrea. Send money overseas to your loved ones by comparing Saudi Riyal (SAR) 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 Saudi Arabia.
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Latest SAR to ERN Conversion Rates
Here are some latest SAR to ERN (Saudi Riyal to Eritrean Nakfa) exchange rates for popular conversion amounts*.
| 1 SAR | 4.00 ERN |
| 5 SAR | 20.00 ERN |
| 10 SAR | 40.00 ERN |
| 25 SAR | 100.00 ERN |
| 50 SAR | 200.00 ERN |
| 100 SAR | 400.00 ERN |
| 150 SAR | 600.00 ERN |
| 200 SAR | 800.00 ERN |
| 250 SAR | 1,000.00 ERN |
| 300 SAR | 1,200.00 ERN |
| 400 SAR | 1,600.00 ERN |
| 500 SAR | 2,000.00 ERN |
| 600 SAR | 2,400.00 ERN |
| 700 SAR | 2,800.00 ERN |
| 800 SAR | 3,200.00 ERN |
| 1,000 SAR | 4,000.00 ERN |
| 1,500 SAR | 6,000.00 ERN |
| 2,000 SAR | 8,000.00 ERN |
| 2,500 SAR | 10,000.00 ERN |
| 3,000 SAR | 12,000.00 ERN |
| 4,000 SAR | 16,000.00 ERN |
| 5,000 SAR | 20,000.00 ERN |
| 10,000 SAR | 40,000.00 ERN |
| 15,000 SAR | 60,000.00 ERN |
| 20,000 SAR | 80,000.00 ERN |
| 30,000 SAR | 120,000.00 ERN |
| 40,000 SAR | 160,000.00 ERN |
| 50,000 SAR | 200,000.00 ERN |
| 100,000 SAR | 400,000.00 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 Saudi Arabia to Eritrea money transfers?
It can be very confusing when sending money from Saudi Arabia to Eritrea given so many choices. Additionally, Saudi Riyal 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 Saudi Arabia 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 Saudi Arabia. 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 Saudi Riyal to Eritrean Nakfa remittances.
How to get the best exchange rate for sending money from Saudi Arabia 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 Saudi Arabia 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 SAR 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 Saudi Arabia?
The final amount your recipient gets when you send SAR 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 Saudi Arabia 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 Saudi Riyal 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 Saudi Arabia to Eritrea?
Big banks in Saudi Arabia are known to make a lot of money by charging high fees on Eritrea money transfers from Saudi Arabia. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.In addition to charging higher than average fees, banks are also notorious for giving you a SAR to ERN exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Eritrea. With our live comparison tool, you can easily compare many good options in one glance.
Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Saudi Arabia to Eritrea. You work hard for your money, so you should also ensure you get the maximum yield when you send ERN overseas.
How to send money to Eritrea from Saudi Arabia fast?
The first thing to do when you need to convert SAR to ERN quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.The harder part might be how to identify which providers can execute fast funds transfers between Saudi Riyal and Eritrean Nakfa. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.
To help demystify the unknowns in the end to end Saudi Arabia to Eritrea remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Eritrea.
Which are the best money transfer companies to transfer money from Saudi Arabia to Eritrea?
Since the Saudi Riyal to Eritrean Nakfa money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Saudi Arabia that may also be able to send money to Eritrea. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.
To further decrease the cost of your SAR to ERN money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Eritrea gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Saudi Arabia to Eritrea transaction.
Step by step guide to send money from Saudi Arabia to Eritrea
There are many important aspects of Saudi Arabia to Eritrea remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.
- Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
- Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Saudi Arabia bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
- Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include ERN bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
- Step 4 - Provision recipient details including name and address.
- Step 5 - Decide how much Saudi Riyal amount you want to send from Saudi Arabia.
- Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
- Step 7 - Validate all the information for accuracy and start your transaction.