Eritrean nakfa
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The nakfa is the currency of Eritrea, divided into 100 cents. Its ISO 4217 code is "ERN". The currency was introduced in 1997 to replace the Ethiopian birr at par.
For an earlier currency of Eritrea, see tallero.
Coins
Coinage is made entirely of stainless steel. Each coin has a different milled edge, instead of consistent milling for all denominations. Note that the 1 nakfa coin carries the denomination 100 cents.
Coinage denominations:
- 1 cent
- 5 cents
- 10 cents
- 25 cents
- 50 cents
- 100 cents (1 Nakfa)
Banknotes
Banknotes come in denominations of:
- 1 Nakfa
- 5 Nakfa
- 10 Nakfa
- 20 Nakfa
- 50 Nakfa
- 100 Nakfa
There is two issues of Banknotes, 1997 and 2004.
The nakfa has been pegged with the United States dollar at the above mentioned rate since January 1, 2005.
References
| Currencies of Africa
|
| North
| Algerian dinar > Euro (Plaza de soberanía) | Egyptian pound | Libyan dinar | Mauritanian ouguiya | Moroccan dirham | Sudanese dinar | Tunisian dinar
|
| Central
| Angolan kwanza > Burundian franc | Central African CFA franc (Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon) | Congolese franc | Rwandan franc
|
| West
| Cape Verdean escudo > Euro (Azores, Canary Islands, Madeira) | Gambian dalasi | Ghanaian cedi | Guinean franc | Liberian dollar | Nigerian naira | São Tomé and Príncipe dobra | Sierra Leonean leone | West African CFA franc (Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo)
|
| East
| Comorian franc > Djiboutian franc | Eritrean nakfa | Ethiopian birr | Kenyan shilling | Seychelles rupee | Somali shilling | Somaliland shilling | Tanzanian shilling | Ugandan shilling
|
| South
| Botswana pula > Euro (Mayotte, Réunion) | Lesotho loti | Malawian kwacha | Malagasy ariary | Mauritian rupee | Mozambican metical | Namibian dollar | Norwegian krone (Bouvet Island de jure) | Saint Helena pound | South African rand | Swazi lilangeni | Zambian kwacha | Zimbabwean dollar
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