Compare today's YER to ERN (Yemeni Rial to Eritrean Nakfa) exchange rates
Interbank Exchange Rate: 1 YER = 0.0634 ERN
Updated about 1 hours ago
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All you need to know about Yemeni Rial to Eritrean Nakfa money transfers
Easily compare money transfer providers in one place to send money from Yemen to Eritrea. Send money overseas to your loved ones by comparing Yemeni Rial (YER) 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 Yemen.
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Latest YER to ERN Conversion Rates
Here are some latest YER to ERN (Yemeni Rial to Eritrean Nakfa) exchange rates for popular conversion amounts*.
| 1 YER | 0.06 ERN |
| 5 YER | 0.32 ERN |
| 10 YER | 0.63 ERN |
| 25 YER | 1.59 ERN |
| 50 YER | 3.17 ERN |
| 100 YER | 6.34 ERN |
| 150 YER | 9.51 ERN |
| 200 YER | 12.68 ERN |
| 250 YER | 15.85 ERN |
| 300 YER | 19.02 ERN |
| 400 YER | 25.36 ERN |
| 500 YER | 31.70 ERN |
| 600 YER | 38.04 ERN |
| 700 YER | 44.38 ERN |
| 800 YER | 50.72 ERN |
| 1,000 YER | 63.40 ERN |
| 1,500 YER | 95.10 ERN |
| 2,000 YER | 126.80 ERN |
| 2,500 YER | 158.50 ERN |
| 3,000 YER | 190.20 ERN |
| 4,000 YER | 253.60 ERN |
| 5,000 YER | 317.00 ERN |
| 10,000 YER | 634.00 ERN |
| 15,000 YER | 951.00 ERN |
| 20,000 YER | 1,268.00 ERN |
| 30,000 YER | 1,902.00 ERN |
| 40,000 YER | 2,536.00 ERN |
| 50,000 YER | 3,170.00 ERN |
| 100,000 YER | 6,340.00 ERN |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from Yemen to Eritrea?
There are many good choices when it comes to sending money from Yemen 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 Yemeni Rial to ERN money transfers.We compare different remittance companies to bring you the best options to send money to Eritrea from Yemen. 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 Yemeni Rial 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 exchange rate for your money transfers from Yemen to Eritrea?
Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Eritrea from Yemen.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your YER to Eritrean Nakfa remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.
You can also register for our daily rate alert to stay aware of the latest exchange rates for YER to ERN remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.
What's the cheapest way to send money to Eritrea from Yemen?
When you want to send money to Eritrea from Yemen, you obviously want the cheapest possible option to maximize the money your recipient gets in Eritrean Nakfa. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your YER to ERN money transfers.Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Yemen to Eritrea. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.
That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Yemen to Eritrea exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Eritrean Nakfa overseas.
Should I use my bank to transfer money from Yemen to Eritrea?
Bank transfers have been a traditionally popular way to send money overseas from Yemen to Eritrea. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the YER to ERN exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.
We, therefore, recommend that before you use your Yemen bank for your Eritrea money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.
How to send money to Eritrea from Yemen fast?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Yemen to Eritrea. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.To help you convert YER to ERN fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.
If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Yemeni Rial amount reaching Eritrea. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.
Hopefully, you do not find yourself in a crisis where you have to rush Eritrean Nakfa quickly to Eritrea, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.
Which are the best money transfer companies to transfer money to Eritrea from Yemen?
Yemen 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 Yemeni Rial 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 transfer money to Eritrea from Yemen
Follow the below easy steps to send money to Eritrea from Yemen.- 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 Yemen 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.