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Eritrean nakfa · ERN

Nfk symbol · 1 country currently using this currency.

Currency info

Adopted: 1997

Currency family: Other

The nakfa is named after the town of Nakfa, which was a symbolic stronghold during Eritrea's 30-year war for independence.

  • Introduced in 1997 following Eritrea's independence from Ethiopia in 1993
  • Replaced the Ethiopian birr as Eritrea's official currency
  • Named after the nakfa, a town significant in Eritrea's independence struggle
  • Pegged to the US dollar at various rates throughout its history
  • One of the world's newest currencies, reflecting Eritrea's recent nationhood

Countries currently using this currency

Flag of Eritrea
Eritrea

Related

Other Other currencies

Afghan Afghani (AFN)Albanian lek (ALL)Algerian Dinar (DZD)Angolan Kwanza (AOA)Armenian Dram (AMD)Azerbaijani Manat (AZN)Bahraini dinar (BHD)Bangladeshi taka (BDT)Belarusian ruble (BYN)Boliviano (BOB)Botswana pula (BWP)Brazilian Real (BRL)

Historical predecessor

Ethiopian birr