Currency.Wiki

1 Eritrean Nakfa to Swiss Franc

Updated 6 minutes ago
Convert 1 ERN:CHF
 ERN =
    CHF
 Eritrean Nakfa =  Swiss Francs
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/CHF exchange rate analysis over the past 90 days

Eritrean Nakfa to Swiss Franc exchange rate: Over the last 90 days, the Eritrean Nakfa strengthened by 3.56% against the Swiss Franc, moving from CHF0.0583 to CHF0.0604 per Eritrean Nakfa. This trend reflects the evolving economic dynamics between the Eritrea and the Switzerland, Liechtenstein, Campione d'Italia. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Eritrea and Switzerland, Liechtenstein, Campione d'Italia.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Eritrea and Switzerland, Liechtenstein, Campione d'Italia.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Eritrea or Switzerland, Liechtenstein, Campione d'Italia.
  • Global Influences: Broader economic or geopolitical events that can impact both the Eritrea and the Switzerland, Liechtenstein, Campione d'Italia.

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

ern/chf 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.

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.

Quick Conversion Guide

Frequently Asked Questions

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The Eritrean Nakfa to Swiss Franc 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 ERN to CHF is CHF0.06.
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Yes, our site provides historical charts that show the trends and fluctuations in the Eritrean Nakfa to Swiss Franc 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.