Young Pioneer Tours

Currency of Eritrea

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The Currency of Eritrea

The currency Eritrea is the Nakfa. The Nakfa has been in use since 1997. You can see the Nakfa symbol abbreviated as Nkf. Other non-Latin script symbols are as follows: Ge’ez ( ናቕፋ ) and Arabic ( ناكفا ). The Eritrean Nakfa is divided into 100 cents.

Previously, the Ethiopian Birr was in use. As a result of the Eritrean War of Independence, the new currency was named after a small town called Nakfa. Here, the Eritreans won a decisive victory during the war.

International Code

The code for the Eritrean Nakfa is ERN. The currency of Eritrea is pegged to the US dollar. You can exchange the US Dollar for 15 Nakfa.

currency of eritrea

The Nakfa, currency of Eritrea, is issued in both coins and banknotes

Coins: 1 cent, 5 cents, 10 cents, 25 cents, 50 cents, 1 Nakfa

Bills: 1 Nakfa, 5 Nakfas, 10 Nakfas, 20 Nakfas, 50 Nakfas, 100 Nakfas

Feeling short on Nakfas but want to travel? Check out our Eritrea budget tour! If you’d like to go on excursions but want to pool resources together with other like-minded travelers, this is for you! We’ll help you out with your visa process. Also, you don’t need to leave once the tour is over. If you still want to book other excursions once the tour is over, let us know!