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The nakfa (ISO 4217 code: ERN; Tigrinya: ናቕፋ naḳfa, or Arabic: ناكفا or نقفة nākfā) is the currency of Eritrea and was introduced on 15 November 1997 to replace the Ethiopian birr at par. The currency takes its name from the Eritrean town of Nakfa, site of the first major victory of the Eritrean War of Independence.
- 1, 5, 10, 20, 50, 100 nakfa
- Bank of Eritrea
- 1, 5, 10, 25, 50 cents, 1 nakfa
Eritrea ( / ˌɛrɪˈtriːə / ⓘ ERR-ih-TREE-ə or /- ˈtreɪ -/ -TRAY-; [17] [18] [19] Tigrinya: ኤርትራ, romanized: Ertra, pronounced [ʔer (ɨ)trä] ⓘ ), officially the State of Eritrea, is a country in the Horn of Africa region of Eastern Africa, with its capital and largest city at Asmara. It is bordered by Ethiopia in the ...
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The official currency is the Eritrean nakfa (ERN), introduced in November 1997. In early 2005, likely in an effort to increase foreign capital reserves, the Eritrean government decreed that all transactions in Eritrea must be conducted in nakfa.
- Calendar year
- Eritrean nakfa (ERN)
5 March 2022. Shabait.com (Asmara) By Yohannes Gebreyesus. Nakfa is a famous historical town of Eritrean Liberation Struggle. It is endowed with immense history and the relics of the 30 years...
Mar 24, 2021 · 24 March 2021. Shabait.com (Asmara) Liberated on 22nd March 1977 by the EPLF, Nakfa is the national symbol of Eritrea and a foundation for Eritrean nationalism. Eritreans commemorate the...
The USDERN traded at 15.0000 on Friday April 19. Eritrean Nakfa - values, historical data, forecasts and news - updated on May of 2024.
This year on its 44 th anniversary of liberation Nakfa did not host a big national celebration due to the corona virus. During the last independence years various development projects have accomplished in and around Nakfa to heal the wounds of colonization. Last year the government funded a ten million Nakfa cost worth project to solve the ...
