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Compare today's USD to ERN (US Dollar to Eritrean Nakfa) exchange rates

Zimbabwe
Eritrea
USD

Interbank Exchange Rate: 1 USD = 15.0000 ERN
Updated about an hour ago

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All you need to know about US Dollar to Eritrean Nakfa money transfers

Easily compare money transfer providers in one place to send money from Zimbabwe to Eritrea. Send money overseas to your loved ones by comparing US Dollar (USD) 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 Zimbabwe.

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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 USD to ERN Conversion Rates

Here are some latest USD to ERN (US Dollar to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 USD15.00 ERN
5 USD75.00 ERN
10 USD150.00 ERN
25 USD375.00 ERN
50 USD750.00 ERN
100 USD1,500.00 ERN
150 USD2,250.00 ERN
200 USD3,000.00 ERN
250 USD3,750.00 ERN
300 USD4,500.00 ERN
400 USD6,000.00 ERN
500 USD7,500.00 ERN
600 USD9,000.00 ERN
700 USD10,500.00 ERN
800 USD12,000.00 ERN
1,000 USD15,000.00 ERN
1,500 USD22,500.00 ERN
2,000 USD30,000.00 ERN
2,500 USD37,500.00 ERN
3,000 USD45,000.00 ERN
4,000 USD60,000.00 ERN
5,000 USD75,000.00 ERN
10,000 USD150,000.00 ERN
15,000 USD225,000.00 ERN
20,000 USD300,000.00 ERN
30,000 USD450,000.00 ERN
40,000 USD600,000.00 ERN
50,000 USD750,000.00 ERN
100,000 USD1,500,000.00 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 Zimbabwe to Eritrea?

With the global remittance market booming, there are so many choices for United States Dollar to ERN money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Eritrea from Zimbabwe. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final ERN amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best remit rate for transferring money from Zimbabwe 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 Zimbabwe. 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 USD 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 Zimbabwe 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 for transferring money to Eritrea from Zimbabwe?

The final amount your recipient gets when you send USD to ERN is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Zimbabwe to Eritrea used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Eritrean Nakfa is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best United States Dollar to Eritrea exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


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

Bank transfers have been a traditionally popular way to send money overseas from Zimbabwe 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 USD 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 Zimbabwe 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 Zimbabwe fast?

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


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

The first step in selecting the best money transfer operators for Zimbabwe to Eritrea remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for United States Dollar to Eritrean Nakfa money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Eritrea.


Step by step guide to transfer money to Eritrea from Zimbabwe

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

  • 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 Zimbabwe 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 USD 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.