1 Eritrean Nakfa to Australian Dollar

Updated 8 minutes ago

Convert 1 ERN:AUD

ERN =

AUD

Eritrean Nakfa = Australian Dollars

Trending: Nfk exchange rates for the last 24 hours

ERN/USD 0.066667 0.00000000
ERN/EUR 0.061850 0.00011053
ERN/JPY 10.385667 0.44013007
ERN/GBP 0.053231 0.00047480
ERN/CHF 0.060433 0.00215067
ERN/MXN 1.118693 -0.01987933
ERN/INR 5.569777 0.03562280
ERN/BRL 0.343787 0.01336473
ERN/CNY 0.481787 0.00568553

ERN/AUD exchange rate analysis over the past 90 days

Eritrean Nakfa to Australian Dollar exchange rate: Over the last 90 days, the Eritrean Nakfa weakened by -1.37% against the Australian Dollar, declining from AU$0.1022 to AU$0.1008 per Eritrean Nakfa. This trend reflects the evolving economic dynamics between the Eritrea and the Australia, Christmas Island, Cocos (Keeling) Islands, Heard Island and McDonald Islands, Kiribati, Nauru, Norfolk Island, Tuvalu. Factors contributing to this weakening may include:

Trade Imbalances: Disparities in trade and investment between Eritrea and Australia, Christmas Island, Cocos (Keeling) Islands, Heard Island and McDonald Islands, Kiribati, Nauru, Norfolk Island, Tuvalu.
Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Eritrea and Australia, Christmas Island, Cocos (Keeling) Islands, Heard Island and McDonald Islands, Kiribati, Nauru, Norfolk Island, Tuvalu.
Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Eritrea or Australia, Christmas Island, Cocos (Keeling) Islands, Heard Island and McDonald Islands, Kiribati, Nauru, Norfolk Island, Tuvalu.
Global Pressures: External economic or geopolitical events that may unfavorably impact the Eritrea relative to the Australia, Christmas Island, Cocos (Keeling) Islands, Heard Island and McDonald Islands, Kiribati, Nauru, Norfolk Island, Tuvalu.

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

ern/aud Historical Chart

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.

AU$

Australian Dollar Currency

Country: Australia, Christmas Island, Cocos (Keeling) Islands, Heard Island and McDonald Islands, Kiribati, Nauru, Norfolk Island, Tuvalu

Symbol: AU$

ISO Code: AUD

Bank: Reserve Bank of Australia

Interesting fact about Australian Dollar

The Australian Dollar (AUD) is the official currency of Australia and is also used in Christmas Island, Cocos (Keeling) Islands, Heard Island and McDonald Islands, Kiribati, Nauru, Norfolk Island, and Tuvalu. Introduced in 1966, the AUD is a significant currency in these regions, facilitating trade and commerce while also being a symbol of national identity and economic stability.

Quick Conversion Guide

Eritrean Nakfas(ERN) to Australian Dollars(AUD)
Nfk1 Eritrean Nakfa	AU$ 0.1 Australian Dollars
Nfk10 Eritrean Nakfas	AU$ 1.01 Australian Dollars
Nfk20 Eritrean Nakfas	AU$ 2.02 Australian Dollars
Nfk30 Eritrean Nakfas	AU$ 3.02 Australian Dollars
Nfk40 Eritrean Nakfas	AU$ 4.03 Australian Dollars
Nfk50 Eritrean Nakfas	AU$ 5.04 Australian Dollars
Nfk60 Eritrean Nakfas	AU$ 6.05 Australian Dollars
Nfk70 Eritrean Nakfas	AU$ 7.06 Australian Dollars
Nfk80 Eritrean Nakfas	AU$ 8.06 Australian Dollars
Nfk90 Eritrean Nakfas	AU$ 9.07 Australian Dollars
Nfk100 Eritrean Nakfas	AU$ 10.08 Australian Dollars
Nfk200 Eritrean Nakfas	AU$ 20.16 Australian Dollars
Nfk300 Eritrean Nakfas	AU$ 30.24 Australian Dollars
Nfk400 Eritrean Nakfas	AU$ 40.32 Australian Dollars
Nfk500 Eritrean Nakfas	AU$ 50.4 Australian Dollars
Nfk600 Eritrean Nakfas	AU$ 60.48 Australian Dollars
Nfk700 Eritrean Nakfas	AU$ 70.56 Australian Dollars
Nfk800 Eritrean Nakfas	AU$ 80.64 Australian Dollars
Nfk900 Eritrean Nakfas	AU$ 90.72 Australian Dollars
Nfk1000 Eritrean Nakfas	AU$ 100.8 Australian Dollars
Nfk2000 Eritrean Nakfas	AU$ 201.59 Australian Dollars
Nfk3000 Eritrean Nakfas	AU$ 302.39 Australian Dollars
Nfk4000 Eritrean Nakfas	AU$ 403.19 Australian Dollars
Nfk5000 Eritrean Nakfas	AU$ 503.98 Australian Dollars

Australian Dollars(AUD) to Eritrean Nakfas(ERN)
AU$1 Australian Dollar	Nfk 9.92 Eritrean Nakfas
AU$10 Australian Dollars	Nfk 99.21 Eritrean Nakfas
AU$20 Australian Dollars	Nfk 198.42 Eritrean Nakfas
AU$30 Australian Dollars	Nfk 297.63 Eritrean Nakfas
AU$40 Australian Dollars	Nfk 396.84 Eritrean Nakfas
AU$50 Australian Dollars	Nfk 496.05 Eritrean Nakfas
AU$60 Australian Dollars	Nfk 595.26 Eritrean Nakfas
AU$70 Australian Dollars	Nfk 694.47 Eritrean Nakfas
AU$80 Australian Dollars	Nfk 793.68 Eritrean Nakfas
AU$90 Australian Dollars	Nfk 892.89 Eritrean Nakfas
AU$100 Australian Dollars	Nfk 992.1 Eritrean Nakfas
AU$200 Australian Dollars	Nfk 1984.19 Eritrean Nakfas
AU$300 Australian Dollars	Nfk 2976.29 Eritrean Nakfas
AU$400 Australian Dollars	Nfk 3968.39 Eritrean Nakfas
AU$500 Australian Dollars	Nfk 4960.48 Eritrean Nakfas
AU$600 Australian Dollars	Nfk 5952.58 Eritrean Nakfas
AU$700 Australian Dollars	Nfk 6944.67 Eritrean Nakfas
AU$800 Australian Dollars	Nfk 7936.77 Eritrean Nakfas
AU$900 Australian Dollars	Nfk 8928.87 Eritrean Nakfas
AU$1000 Australian Dollars	Nfk 9920.96 Eritrean Nakfas
AU$2000 Australian Dollars	Nfk 19841.93 Eritrean Nakfas
AU$3000 Australian Dollars	Nfk 29762.89 Eritrean Nakfas
AU$4000 Australian Dollars	Nfk 39683.85 Eritrean Nakfas
AU$5000 Australian Dollars	Nfk 49604.81 Eritrean Nakfas

Frequently Asked Questions

What factors influence the Eritrean Nakfa to Australian Dollar exchange rate?

The Eritrean Nakfa to Australian Dollar exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.

How much is 1 ERN to AUD today?

Today conversion rate from 1 ERN to AUD is AU$0.1.

Can I see a chart of the Eritrean Nakfa to Australian Dollar rate over time?

Yes, our site provides historical charts that show the trends and fluctuations in the Eritrean Nakfa to Australian Dollar exchange rate over different time periods.

Can I predict the future ERN to AUD rate?

While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.

How often does the Eritrean Nakfa to Australian Dollar exchange rate fluctuate?

The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.