Login | Register |  My Account |   |   |   |  Suggest XR to your friends Print this page
Exchange Rate Home >> Currency Information >> Nakfa

   | Post | View

Nakfa Coin Nakfa Banknote

The nakfa (ISO 4217 code: ERN) is the currency of Eritrea. It is divided into 100 cents. The currency was introduced in 1997 to replace the Ethiopian birr at par, and it was named after the town of Nakfa.

Coins are made entirely of Nickel clad Steel. Each coin has a different reeded edge, instead of consistent reeding for all denominations. The 1 nakfa coin carries the denomination "100 cents".

Coin denominations:
* 1 cent
* 5 cents
* 10 cents
* 25 cents
* 50 cents
* 100 cents (1 nakfa)

Banknotes come in denominations of:

* 1 nakfa
* 5 nakfa
* 10 nakfa
* 20 nakfa
* 50 nakfa
* 100 nakfa

There are two issues of banknotes. The first issue of all denominations is dated 24 May 1997; the second issue consists of only the 50- and 100-nakfa notes and is dated 24 May 2004 (May 24 is Eritrea's Independence Day)..

The text on this page has been made available under the Creative Commons Attribution-ShareAlike License and Creative Commons Licenses

Got something to say on this page? Feel free to post your comments ! Please limit your comments to discussions about the subject matter of the content. To report bugs or problems with the web site, please use our contact form here. Thank You!

Content, information, data, material, services, or products comprising this web-site may not be published, broadcast, rewritten or redistributed without written permission from Inc.. The information supplied by this web-site is believed to be accurate, but Inc. does not warrant or guarantee such accuracy. Users are always advised to verify information with their financial and accounting advisors or with the appropriate government agencies before relying on any such information. Information contained in this web-site is intended for your personal, non-commercial use. All other uses are expressly unauthorized and prohibited to the maximum extent allowed by law.
Copyright © Inc. 1998 - 2020