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Compare today's SYP to ERN (Syrian Pound to Eritrean Nakfa) exchange rates

Syria
Eritrea
SYP

Interbank Exchange Rate: 1 SYP = 0.0012 ERN
Updated about an hour ago

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All you need to know about Syrian Pound to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Syria to Eritrea. Send money overseas to your loved ones by comparing Syrian Pound (SYP) 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 Syria.

Were you looking to send money from Eritrea to Syria 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 SYP to ERN Conversion Rates

Here are some latest SYP to ERN (Syrian Pound to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 SYP0.00 ERN
5 SYP0.01 ERN
10 SYP0.01 ERN
25 SYP0.03 ERN
50 SYP0.06 ERN
100 SYP0.12 ERN
150 SYP0.18 ERN
200 SYP0.24 ERN
250 SYP0.30 ERN
300 SYP0.36 ERN
400 SYP0.48 ERN
500 SYP0.60 ERN
600 SYP0.72 ERN
700 SYP0.84 ERN
800 SYP0.96 ERN
1,000 SYP1.20 ERN
1,500 SYP1.80 ERN
2,000 SYP2.40 ERN
2,500 SYP3.00 ERN
3,000 SYP3.60 ERN
4,000 SYP4.80 ERN
5,000 SYP6.00 ERN
10,000 SYP12.00 ERN
15,000 SYP18.00 ERN
20,000 SYP24.00 ERN
30,000 SYP36.00 ERN
40,000 SYP48.00 ERN
50,000 SYP60.00 ERN
100,000 SYP120.00 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 Syria to Eritrea money transfers?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Syria to Eritrea. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Syrian Pound to ERN.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send SYP to ERN in Eritrea. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Eritrea from Syria. We provide you with maximum choices to send money to Eritrea by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best remit rate for transferring money from Syria 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 Syria 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 SYP 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 send money from Syria to Eritrea?

One of the most important things to watch out for is hidden fees when sending money to Eritrea from Syria. 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 SYP 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 Syria.


Should I use my bank to transfer money from Syria to Eritrea?

Big banks in Syria are known to make a lot of money by charging high fees on Eritrea money transfers from Syria. 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 SYP 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 Syria 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 Syria fast?

The first thing to do when you need to convert SYP 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 Syrian Pound 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 Syria 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 send money to Eritrea from Syria?

Comparing money transfer companies for sending money to Eritrea from Syria 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 Syrian Pound 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 Syrian Pound that you send.


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

Follow the below easy steps to send money to Eritrea from Syria.

  • 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 Syria 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.

The provider will then work on your SYP to ERN remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.