Eritrea The Eritrean Nakfa (ERN) is the official currency of Eritrea, issued by the Bank of Eritrea. Introduced in 1997, it replaced the Ethiopian Birr as part of Eritrea’s economic independence following its separation from Ethiopia. The Nakfa is pegged to the US dollar at a fixed rate of approximately 1 USD = 15 ERN, though black market rates vary significantly. Eritrea’s economy is based on agriculture, mining, and remittances, with government-controlled financial policies influencing the Nakfa's stability.
| Currency | Rate | Change |
|---|---|---|
| AUD / INR | 55.759032 | 0.10 |
| CAD / INR | 62.655377 | -0.08 |
| EUR / INR | 97.856094 | -0.11 |
| GBP / INR | 116.132054 | -0.08 |
| MYR / INR | 20.292285 | -0.21 |
| MYR / SGD | 0.30477 | -0.25 |
| SGD / INR | 66.582234 | 0.04 |
| SGD / MYR | 3.28116 | 0.25 |
| USD / INR | 85.78555 | -0.14 |
| USD / NPR | 137.228044 | -0.06 |
Last updated: 4 hours ago
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.
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