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Currencies

Countries that use the nakfa

The nakfa was established in 1997 as an official national currency and is used only in Eritrea. 1 nakfa is devided into 100 Cents.

The nakfa is tied to the US dollar with a fixed exchange rate. Therefore, 1 nakfa always equals to 0.1000 US dollar.


ISO 4127:
ERN
Numeric:
232



List of all currencies

1.00 nakfas = 0.067 US dollars


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Exchange rate history 10 ERN in USD

The two currencies are directly interdependent and have a fixed conversion rate.

Nakfa as currency

CountryRegion
EritreaEastern Africa

US dollar as currency

CountryRegion
American SamoaPolynesia
British Virgin IslandsCaribbean
EcuadorSouth America
El SalvadorCentral America
GuamMicronesia
East TimorSoutheast Asia
Marshall IslandsMicronesia
Federated States of MicronesiaMicronesia
PalauMicronesia
Northern Mariana IslandsMicronesia
Puerto RicoCaribbean
Turks and Caicos IslandsCaribbean
United States of AmericaNorth America
Virgin IslandsCaribbean
British Indian Ocean TerritoryEastern Africa
Caribbean NetherlandsCaribbean
United States Minor Outlying IslandsMicronesia


Sources

All conversion rates are based on data from the European Central Bank.
Data on currency and gold reserves are from the International Monetary Fund.
Currency reservesCurrency and gold reserves worldwideReserve assets and gold holdings in proportion to the money stock. An international comparison of currency hedging.
Comparison: Cost of livingCost of living in a global comparisonRanking of international living costs from 107 countries compared to the US
New Zealand: Sunrise + sunsetTimes for sunrise and sunset in New ZealandTimes of sunrise and sunset for the most important cities in New Zealand and the avg. length of daylight per month