INFORMATION ABOUT NAKFA
We show the updated today’s value/price of nakfa (ERN).You can get the exchange from nakfa to another currency by introducing the value or amount of nakfa (ERN) in the box and clicking the convert button. This way you can get the nakfa’s price in relation to other currencies.
INTRODUCTION TO THE NAFKA
The nakfa is the legal tender in Eritrea. It was introduced in 1997 to replace the Ethiopian birr (ETB). It is used by approximately 5 million eight hundred thousand people. You can check the today value of the nakfa and check its price.
The Commercial Bank of Eritrea is a government organization created in 1994. It is independent from the Ministry of Finance. Its function is to encourage the foreign investment and the import of capital for industry and agriculture.
Countries that use the currency: Eritrea
Bills: 1, 5, 10, 20, 50, 100 Nfk
Coins: cent = 1/100. 1, 5, 10, 25, 50 and 100 cent.
Issuing Agent: Commercial Bank of Eritrea Web: