Compare today's UGX to ERN (Ugandan Shilling to Eritrean Nakfa) exchange rates
Interbank Exchange Rate: 1 UGX = 0.0043 ERN
Updated about an hour ago
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All you need to know about Ugandan Shilling to Eritrean Nakfa money transfers
Easily compare money transfer providers in one place to send money from Uganda to Eritrea. Send money overseas to your loved ones by comparing Ugandan Shilling (UGX) 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 Uganda.
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Latest UGX to ERN Conversion Rates
Here are some latest UGX to ERN (Ugandan Shilling to Eritrean Nakfa) exchange rates for popular conversion amounts*.
| 1 UGX | 0.00 ERN |
| 5 UGX | 0.02 ERN |
| 10 UGX | 0.04 ERN |
| 25 UGX | 0.11 ERN |
| 50 UGX | 0.22 ERN |
| 100 UGX | 0.43 ERN |
| 150 UGX | 0.65 ERN |
| 200 UGX | 0.86 ERN |
| 250 UGX | 1.08 ERN |
| 300 UGX | 1.29 ERN |
| 400 UGX | 1.72 ERN |
| 500 UGX | 2.15 ERN |
| 600 UGX | 2.58 ERN |
| 700 UGX | 3.01 ERN |
| 800 UGX | 3.44 ERN |
| 1,000 UGX | 4.30 ERN |
| 1,500 UGX | 6.45 ERN |
| 2,000 UGX | 8.60 ERN |
| 2,500 UGX | 10.75 ERN |
| 3,000 UGX | 12.90 ERN |
| 4,000 UGX | 17.20 ERN |
| 5,000 UGX | 21.50 ERN |
| 10,000 UGX | 43.00 ERN |
| 15,000 UGX | 64.50 ERN |
| 20,000 UGX | 86.00 ERN |
| 30,000 UGX | 129.00 ERN |
| 40,000 UGX | 172.00 ERN |
| 50,000 UGX | 215.00 ERN |
| 100,000 UGX | 430.00 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 from Uganda to Eritrea?
There are many good choices when it comes to sending money from Uganda 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 Ugandan Shilling to ERN money transfers.We compare different remittance companies to bring you the best options to send money to Eritrea from Uganda. 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 Ugandan Shilling 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 remit rate for transferring money from Uganda to Eritrea?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Eritrea from Uganda. 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 UGX 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 Uganda 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 transfer money from Uganda to Eritrea?
One of the most important things to watch out for is hidden fees when sending money to Eritrea from Uganda. 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 UGX 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 Uganda.
Should I use my bank to send money from Uganda to Eritrea?
There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low UGX to ERN exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Uganda to Eritrea money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.
Most of the remittance companies today offer bank to bank transfers for sending money to Eritrea from Uganda. They do this by letting you fund your transaction through your local bank account in Uganda, and by allowing you to choose the payout to be your recipient's bank account in Eritrea. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to do a money transfer to Eritrea from Uganda?
The first thing to do when you need to convert UGX 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 Ugandan Shilling 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 Uganda 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 to Eritrea from Uganda?
Comparing money transfer companies for sending money to Eritrea from Uganda 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 Ugandan Shilling 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 Ugandan Shilling that you send.
Step by step guide to send money from Uganda to Eritrea
Follow the below easy steps to send money to Eritrea from Uganda.- 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 Uganda 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.