There are other factors to consider when sending an international money transfer in addition to the exchange rate, including the transfer fees, the payment method, the speed of delivery and the level of customer service. Keep in mind that we don't compare every product in the market, but we hope that our tools and information will allow you to compare your options and find the best service for your needs.
Today's best USD to ERN exchange rates
Use the currency transfer calculator below to compare exchange rates and fees for sending USD to Eritrea.
Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.
{"niche":"USFMT"}
Are you visiting from outside the US?
US dollar
The US dollar is the official currency of the United States of America. It was created in 1792, 16 years after the US declared independence in 1776. Common nicknames for the US dollar include bucks, greenbacks, moolah and dough.
Currency:
US dollar
Currency Symbol:
$
Sub unit:
cent
Bank notes:
$1, $5, $10, $20, $50, $100
Coins:
1c, 5c, 10c, 25c, 50c, $1
Eritrean nakfa
The Eritrean nakfa is the official currency of Eritrea and was introduced in 1997 to replace the then used Ethiopian birr. The nakfa is managed by the Bank of Eritrea.
Using hedging options like forward contracts, stop loss and limit orders, you can guarantee a favorable rate and maximize your international money transfer.
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