Currency.Wiki

1 Canadian Dollar to Eritrean Nakfa

Updated 7 minutes ago
Convert 1 CAD:ERN
CA CAD
ER ERN
 CAD =
    ERN
 Canadian Dollar =  Eritrean Nakfas
Trending: CA$ exchange rates for the last 24 hours
  • CAD/USD 0.730914 -0.01468639
  • CAD/EUR 0.683321 -0.00485520
  • CAD/JPY 115.553850 5.58648999
  • CAD/GBP 0.578369 -0.00807148
  • CAD/CHF 0.660786 0.01848229
  • CAD/MXN 12.542557 -0.29845294
  • CAD/INR 60.960019 -1.03914816
  • CAD/BRL 3.739575 0.04743673
  • CAD/CNY 5.295911 0.00319155

CAD/ERN exchange rate analysis over the past 90 days

Canadian Dollar to Eritrean Nakfa exchange rate: Over the last 90 days, the Canadian Dollar weakened by -2.01% against the Eritrean Nakfa, declining from Nfk11.1840 to Nfk10.9637 per Canadian Dollar. This trend reflects the evolving economic dynamics between the Canada and the Eritrea. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Canada and Eritrea.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Canada and Eritrea.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Canada or Eritrea.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Canada relative to the Eritrea.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

cad/ern Historical Chart

CA$
Canadian Dollar Currency

Country: Canada

Symbol: CA$

ISO Code: CAD

Bank: Bank of Canada

Interesting fact about Canadian Dollar

The Canadian Dollar (CAD), Canada's official currency, is administered by the Bank of Canada. Established in 1858, the CAD supplanted numerous colonial currencies. Renowned for its stability and reliability, it is a cornerstone of Canada's economic framework, facilitating international trade and investments.

Nfk
Eritrean Nakfa Currency

Country: Eritrea

Symbol: Nfk

ISO Code: ERN

Bank: Bank of Eritrea

Interesting fact about Eritrean Nakfa

The Eritrean Nakfa (ERN) is the official currency of Eritrea, introduced in 1997 to replace the Ethiopian Birr. It is named after the famous battle site, Nakfa, which holds historical significance for Eritreans. The Nakfa plays a vital role in the country's economy, facilitating trade and commerce within Eritrea.

Quick Conversion Guide
Canadian Dollars(CAD) to Eritrean Nakfas(ERN)
CA$1 Canadian Dollar Nfk 10.96 Eritrean Nakfas
CA$10 Canadian Dollars Nfk 109.64 Eritrean Nakfas
CA$20 Canadian Dollars Nfk 219.27 Eritrean Nakfas
CA$30 Canadian Dollars Nfk 328.91 Eritrean Nakfas
CA$40 Canadian Dollars Nfk 438.55 Eritrean Nakfas
CA$50 Canadian Dollars Nfk 548.19 Eritrean Nakfas
CA$60 Canadian Dollars Nfk 657.82 Eritrean Nakfas
CA$70 Canadian Dollars Nfk 767.46 Eritrean Nakfas
CA$80 Canadian Dollars Nfk 877.1 Eritrean Nakfas
CA$90 Canadian Dollars Nfk 986.73 Eritrean Nakfas
CA$100 Canadian Dollars Nfk 1096.37 Eritrean Nakfas
CA$200 Canadian Dollars Nfk 2192.74 Eritrean Nakfas
CA$300 Canadian Dollars Nfk 3289.11 Eritrean Nakfas
CA$400 Canadian Dollars Nfk 4385.48 Eritrean Nakfas
CA$500 Canadian Dollars Nfk 5481.86 Eritrean Nakfas
CA$600 Canadian Dollars Nfk 6578.23 Eritrean Nakfas
CA$700 Canadian Dollars Nfk 7674.6 Eritrean Nakfas
CA$800 Canadian Dollars Nfk 8770.97 Eritrean Nakfas
CA$900 Canadian Dollars Nfk 9867.34 Eritrean Nakfas
CA$1000 Canadian Dollars Nfk 10963.71 Eritrean Nakfas
CA$2000 Canadian Dollars Nfk 21927.42 Eritrean Nakfas
CA$3000 Canadian Dollars Nfk 32891.13 Eritrean Nakfas
CA$4000 Canadian Dollars Nfk 43854.84 Eritrean Nakfas
CA$5000 Canadian Dollars Nfk 54818.55 Eritrean Nakfas
Eritrean Nakfas(ERN) to Canadian Dollars(CAD)
Nfk1 Eritrean Nakfa CA$ 0.09 Canadian Dollars
Nfk10 Eritrean Nakfas CA$ 0.91 Canadian Dollars
Nfk20 Eritrean Nakfas CA$ 1.82 Canadian Dollars
Nfk30 Eritrean Nakfas CA$ 2.74 Canadian Dollars
Nfk40 Eritrean Nakfas CA$ 3.65 Canadian Dollars
Nfk50 Eritrean Nakfas CA$ 4.56 Canadian Dollars
Nfk60 Eritrean Nakfas CA$ 5.47 Canadian Dollars
Nfk70 Eritrean Nakfas CA$ 6.38 Canadian Dollars
Nfk80 Eritrean Nakfas CA$ 7.3 Canadian Dollars
Nfk90 Eritrean Nakfas CA$ 8.21 Canadian Dollars
Nfk100 Eritrean Nakfas CA$ 9.12 Canadian Dollars
Nfk200 Eritrean Nakfas CA$ 18.24 Canadian Dollars
Nfk300 Eritrean Nakfas CA$ 27.36 Canadian Dollars
Nfk400 Eritrean Nakfas CA$ 36.48 Canadian Dollars
Nfk500 Eritrean Nakfas CA$ 45.61 Canadian Dollars
Nfk600 Eritrean Nakfas CA$ 54.73 Canadian Dollars
Nfk700 Eritrean Nakfas CA$ 63.85 Canadian Dollars
Nfk800 Eritrean Nakfas CA$ 72.97 Canadian Dollars
Nfk900 Eritrean Nakfas CA$ 82.09 Canadian Dollars
Nfk1000 Eritrean Nakfas CA$ 91.21 Canadian Dollars
Nfk2000 Eritrean Nakfas CA$ 182.42 Canadian Dollars
Nfk3000 Eritrean Nakfas CA$ 273.63 Canadian Dollars
Nfk4000 Eritrean Nakfas CA$ 364.84 Canadian Dollars
Nfk5000 Eritrean Nakfas CA$ 456.05 Canadian Dollars

Frequently Asked Questions

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The Canadian Dollar to Eritrean Nakfa exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 CAD to ERN is Nfk10.96.
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Yes, our site provides historical charts that show the trends and fluctuations in the Canadian Dollar to Eritrean Nakfa exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.