Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's TWD to ERN (New Taiwan Dollar to Eritrean Nakfa) exchange rates

Taiwan
Eritrea
TWD

Interbank Exchange Rate: 1 TWD = 0.4741 ERN
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about New Taiwan Dollar to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Taiwan to Eritrea. Send money overseas to your loved ones by comparing New Taiwan Dollar (TWD) 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 Taiwan.

Were you looking to send money from Eritrea to Taiwan 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 TWD to ERN Conversion Rates

Here are some latest TWD to ERN (New Taiwan Dollar to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 TWD0.47 ERN
5 TWD2.37 ERN
10 TWD4.74 ERN
25 TWD11.85 ERN
50 TWD23.71 ERN
100 TWD47.41 ERN
150 TWD71.12 ERN
200 TWD94.82 ERN
250 TWD118.53 ERN
300 TWD142.23 ERN
400 TWD189.64 ERN
500 TWD237.05 ERN
600 TWD284.46 ERN
700 TWD331.87 ERN
800 TWD379.28 ERN
1,000 TWD474.10 ERN
1,500 TWD711.15 ERN
2,000 TWD948.20 ERN
2,500 TWD1,185.25 ERN
3,000 TWD1,422.30 ERN
4,000 TWD1,896.40 ERN
5,000 TWD2,370.50 ERN
10,000 TWD4,741.00 ERN
15,000 TWD7,111.50 ERN
20,000 TWD9,482.00 ERN
30,000 TWD14,223.00 ERN
40,000 TWD18,964.00 ERN
50,000 TWD23,705.00 ERN
100,000 TWD47,410.00 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 Taiwan?

Sending money internationally to Eritrea from Taiwan can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your New Taiwan Dollar to ERN remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Eritrea. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Eritrean Nakfa.


How to get the best rate to transfer money to Eritrea from Taiwan?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Eritrea from Taiwan. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your TWD to Eritrean Nakfa money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Taiwan to Eritrea corridor to give you more good choices for your next ERN money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money from Taiwan to Eritrea?

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


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

Big banks in Taiwan are known to make a lot of money by charging high fees on Eritrea money transfers from Taiwan. 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 TWD 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 Taiwan to Eritrea. You work hard for your money, so you should also ensure you get the maximum yield when you send ERN overseas.


What is the fastest way to do a money transfer to Eritrea from Taiwan?

It could be a stressful experience if you need to rush money quickly from Taiwan 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 TWD 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 Taiwan to Eritrea money transfers.


Which are the best money transfer companies to transfer money from Taiwan to Eritrea?

Taiwan 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 New Taiwan 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 send money from Taiwan 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 Taiwan 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 Taiwan 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 Taiwan 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.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your TWD travel to another part of the globe.