Compare today's SBD to ERN (Solomon Islands Dollar to Eritrean Nakfa) exchange rates
Interbank Exchange Rate: 1 SBD = 1.8615 ERN
Updated about an hour ago
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All you need to know about Solomon Islands Dollar to Eritrean Nakfa money transfers
Easily compare money transfer providers in one place to send money from Solomon Islands to Eritrea. Send money overseas to your loved ones by comparing Solomon Islands Dollar (SBD) 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 Solomon Islands.
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Latest SBD to ERN Conversion Rates
Here are some latest SBD to ERN (Solomon Islands Dollar to Eritrean Nakfa) exchange rates for popular conversion amounts*.
| 1 SBD | 1.86 ERN |
| 5 SBD | 9.31 ERN |
| 10 SBD | 18.62 ERN |
| 25 SBD | 46.54 ERN |
| 50 SBD | 93.08 ERN |
| 100 SBD | 186.15 ERN |
| 150 SBD | 279.22 ERN |
| 200 SBD | 372.30 ERN |
| 250 SBD | 465.38 ERN |
| 300 SBD | 558.45 ERN |
| 400 SBD | 744.60 ERN |
| 500 SBD | 930.75 ERN |
| 600 SBD | 1,116.90 ERN |
| 700 SBD | 1,303.05 ERN |
| 800 SBD | 1,489.20 ERN |
| 1,000 SBD | 1,861.50 ERN |
| 1,500 SBD | 2,792.25 ERN |
| 2,000 SBD | 3,723.00 ERN |
| 2,500 SBD | 4,653.75 ERN |
| 3,000 SBD | 5,584.50 ERN |
| 4,000 SBD | 7,446.00 ERN |
| 5,000 SBD | 9,307.50 ERN |
| 10,000 SBD | 18,615.00 ERN |
| 15,000 SBD | 27,922.50 ERN |
| 20,000 SBD | 37,230.00 ERN |
| 30,000 SBD | 55,845.00 ERN |
| 40,000 SBD | 74,460.00 ERN |
| 50,000 SBD | 93,075.00 ERN |
| 100,000 SBD | 186,150.00 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 Solomon Islands?
There are many good choices when it comes to sending money from Solomon Islands 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 Solomon Islands Dollar to ERN money transfers.We compare different remittance companies to bring you the best options to send money to Eritrea from Solomon Islands. 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 Solomon Islands Dollar 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 rate to transfer money to Eritrea from Solomon Islands?
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 Solomon Islands 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 SBD 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 to transfer money from Solomon Islands to Eritrea?
One of the most important things to watch out for is hidden fees when sending money to Eritrea from Solomon Islands. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Eritrea using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Eritrean Nakfa foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best SBD to Eritrea exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Eritrea from Solomon Islands.
How to send money to Eritrea from Solomon Islands 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 Solomon Islands 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 SBD to ERN transfers.
Given this, there are umpteen additional options to send money to Eritrea instead of just your Solomon Islands 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 Solomon Islands Dollar even more so that your recipient in Eritrea gets the maximum amount.
How to send money to Eritrea from Solomon Islands fast?
It could be a stressful experience if you need to rush money quickly from Solomon Islands to Eritrea. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert SBD to ERN. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Eritrean Nakfa. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Solomon Islands to Eritrea money transfers.
Which are the best money transfer companies to send money from Solomon Islands to Eritrea?
Solomon Islands 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 Solomon Islands Dollar 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 do a money transfer from Solomon Islands 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 Solomon Islands 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 Solomon Islands 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 Solomon Islands 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.