ERITREA

(nakfa = 100 cents)

74-ERN

Text Box: 	After 30 years  of civil war, a referendum in Eritrea in April 1993 established Eritrea as an independent country.
	The national currency - the Nakfa -  was introduced in 1998 and has been named after the town of Nacfa, the town in the Sahel mountains that served as the headquarters of the EPLF during Eritrea's armed struggle against Ethiopian occupation.
	The Nakfa was introduced at par with Ethiopian birr.
	 At the same time new birr (ETB) notes were introduced in Ethiopia.  
Text Box: Import / Export restrictions:
	Foreign currency:
  In: free, must declare
 Out: up to amount imported and declared
	Local currency:
  In: up to 1000 nakfa (74.1 USD)
 Out: up to 1000 nakfa

NOTES in circulation (2015)

Oval: to the rates
Text Box: 	From  1.1.2016 the only notes in circulation are the last ones (dated 2015, only the 100 nakfa is dated 2011) 
	The purpose is to harm black market dealers who keep large sums of money for informal foreign currency exchange, money laundering, counterfeiting, and contraband purposes.

100 cents (1 nakfa) (1997)

50 cents  (1997)

25 cents  (1997)

10 cents  (1997)

5 cents  (1997)

1 cent  (1997)

Eritrea_BOE_100_nakfa_2011.05.24_B110a_PNL_AJ_7650903_fEritrea_BOE_100_nakfa_2011.05.24_B110a_PNL_AJ_7650903_rEritrea_BOE_50_nakfa_2015.05.24_B115a_PNL_AA_4873985_fEritrea_BOE_50_nakfa_2015.05.24_B115a_PNL_AA_4873985_rEritrea_BOE_20_nakfa_2015.05.24_B114a_PNL_AA_4920994_fEritrea_BOE_20_nakfa_2015.05.24_B114a_PNL_AA_4920994_rEritrea_BOE_10_nakfa_2015.05.24_B113a_PNL_AA_2457289_fEritrea_BOE_10_nakfa_2015.05.24_B113a_PNL_AA_2457289_rEritrea_BOE_5_nakfa_2015.05.24_B112a_PNL_AA_2159956_fEritrea_BOE_5_nakfa_2015.05.24_B112a_PNL_AA_2159956_rEritrea_BOE_1_nakfa_2015.05.24_B111a_PNL_AA_2157911_fEritrea_BOE_1_nakfa_2015.05.24_B111a_PNL_AA_2157911_r

older, not redeemable NOTES (1997-2014))

 

NOTES and COINS we buy

buy / sell

% fixing

Valid till:

Notes

ERN 100, 50, 20, 10, 5, 1 (2015)

10:70 / ?? %

in circulation

 

ERN 100, 50, 20, 10, 5, 1 (1997-2014)

no !

no !

 

former currency used in Eritrea - the old Ethiopian birr is worthless

 

worthless

 

 

 

 

Coins

1,5,10,25,50,100 cents (1997) 

5 / 50 %

in circulation

 

 

 

 

Area

(sq km)

Population (2005)

Language/Ethnicity

Ethnicity / Religion

Life duration

GDP per capita

(world position)

121 320

4 786 994

Afar, Arabic

Islam

male 56.96

 

Asmara 400 000

Tigre and Kunama

Eritrean Orthodox

female 60.02

2005 : 1 000 (210)

 

 

Roman Catholic

 

 

ERN 100 (2015)(2011 дата)

ERN 50 (2015)

ERN 20 (2015)

ERN 10 (2015)

ERN 5 (2015)

ERN 1 (2015)

ERN 100 (2004)(140*70mm)

ERN 100 (1997)(140*70mm)

ERN 50 (2004)(140*70mm)

ERN 50 (1997)(140*70mm)

ERN 20 (1997)(140*70mm)

ERN 10 (1997)(140*70mm)

ERN 5 (1997)(140*70mm)

ERN 1 (1997)(140*70mm)