Currency.Wiki

1 Swiss Franc to Eritrean Nakfa

Updated 9 minutes ago
Convert 1 CHF:ERN
 CHF =
    ERN
 Swiss Franc =  Eritrean Nakfas
Trending: CHF exchange rates for the last 24 hours
  • CHF/USD 1.093042 -0.06388076
  • CHF/EUR 1.021868 -0.04516940
  • CHF/JPY 172.804461 1.36565761
  • CHF/GBP 0.875274 -0.03593442
  • CHF/MXN 18.756709 -1.11237408
  • CHF/INR 91.162374 -4.99928671
  • CHF/BRL 5.592330 -0.09363919
  • CHF/CNY 7.919744 -0.29054240

CHF/ERN exchange rate analysis over the past 90 days

Swiss Franc to Eritrean Nakfa exchange rate: Over the last 90 days, the Swiss Franc weakened by -5.84% against the Eritrean Nakfa, declining from Nfk17.3538 to Nfk16.3956 per Swiss Franc. This trend reflects the evolving economic dynamics between the Switzerland, Liechtenstein, Campione d'Italia and the Eritrea. Factors contributing to this weakening may include:

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

chf/ern Historical Chart

CHF
Swiss Franc Currency

Country: Switzerland, Liechtenstein, Campione d'Italia

Symbol: CHF

ISO Code: CHF

Bank: Swiss National Bank

Interesting fact about Swiss Franc

The Swiss Franc (CHF) is the official currency of Switzerland, Liechtenstein, and Campione d'Italia. It has a rich history dating back to 1798 and is known for its stability and value. The Swiss Franc is highly regarded globally, and Switzerland's commitment to neutrality and financial secrecy has contributed to its significance in the global banking and wealth management industries.

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

Frequently Asked Questions

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The Swiss Franc 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 CHF to ERN is Nfk16.4.
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Yes, our site provides historical charts that show the trends and fluctuations in the Swiss Franc 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.