Compare today's SGD to ERN (Singapore Dollar to Eritrean Nakfa) exchange rates
Interbank Exchange Rate: 1 SGD = 11.5697 ERN
Updated about an hour ago
Found 1 Remittance Service Providers
1000 SGD =
11 350.00 ERN
Transfer Limit (SGD): 0 - 20000
Locked-In Rate1 SGD = 11.3500 ERN
📢 Special exchange rate applied for first transfer
0 Remit Service Providers did not match the search criteria.
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 Singapore Dollar to Eritrean Nakfa money transfers
Easily compare money transfer providers in one place to send money from Singapore to Eritrea. Send money overseas to your loved ones by comparing Singapore Dollar (SGD) 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 Singapore, we currently have 1 remittance service providers available.
Remitly currently offers the most competitive rate for sending money to Eritrea and their 1 SGD to ERN exchange rate today is 11.3500.
Were you looking to send money from Eritrea to Singapore 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 SGD to ERN Conversion Rates
Here are some latest SGD to ERN (Singapore Dollar to Eritrean Nakfa) exchange rates for popular conversion amounts*.
| 1 SGD | 11.57 ERN |
| 5 SGD | 57.85 ERN |
| 10 SGD | 115.70 ERN |
| 25 SGD | 289.24 ERN |
| 50 SGD | 578.49 ERN |
| 100 SGD | 1,156.97 ERN |
| 150 SGD | 1,735.46 ERN |
| 200 SGD | 2,313.94 ERN |
| 250 SGD | 2,892.42 ERN |
| 300 SGD | 3,470.91 ERN |
| 400 SGD | 4,627.88 ERN |
| 500 SGD | 5,784.85 ERN |
| 600 SGD | 6,941.82 ERN |
| 700 SGD | 8,098.79 ERN |
| 800 SGD | 9,255.76 ERN |
| 1,000 SGD | 11,569.70 ERN |
| 1,500 SGD | 17,354.55 ERN |
| 2,000 SGD | 23,139.40 ERN |
| 2,500 SGD | 28,924.25 ERN |
| 3,000 SGD | 34,709.10 ERN |
| 4,000 SGD | 46,278.80 ERN |
| 5,000 SGD | 57,848.50 ERN |
| 10,000 SGD | 115,697.00 ERN |
| 15,000 SGD | 173,545.50 ERN |
| 20,000 SGD | 231,394.00 ERN |
| 30,000 SGD | 347,091.00 ERN |
| 40,000 SGD | 462,788.00 ERN |
| 50,000 SGD | 578,485.00 ERN |
| 100,000 SGD | 1,156,970.00 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 Singapore?
It can be very confusing when sending money from Singapore to Eritrea given so many choices. Additionally, Singapore 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 Singapore 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 Singapore. 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 Singapore Dollar to Eritrean Nakfa remittances.
How to get the best remit rate for transferring money from Singapore 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 Singapore 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 SGD 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 Singapore?
Finding the cheapest way to send money from Singapore 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 SGD 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 Singapore 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 to Eritrea from Singapore through a bank?
One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Singapore to Eritrea money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like SGD to ERN transfers.
Given this, there are umpteen additional options to send money to Eritrea instead of just your Singapore bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Singapore Dollar even more so that your recipient in Eritrea gets the maximum amount.
What is the fastest way to do a money transfer to Eritrea from Singapore?
If you need to convert SGD to ERN as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Singapore to Eritrea could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.
Apart from the above, there are many other factors that can have an impact on your Singapore Dollar to Eritrean Nakfa funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Eritrea.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Singapore to Eritrea. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.
Which are the best money transfer companies to send money from Singapore to Eritrea?
Since the Singapore Dollar 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 Singapore 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 SGD 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 Singapore to Eritrea transaction.
Step by step guide to send money to Eritrea from Singapore
Follow the below easy steps to send money to Eritrea from Singapore.- 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 Singapore 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.