Currency.Wiki

1 Eritrean Nakfa to Euro

Updated 2 minutes ago
Convert 1 ERN:EUR
ER ERN
EU EUR
 ERN =
    EUR
 Eritrean Nakfa =  Euros
Trending: Nfk exchange rates for the last 24 hours
  • ERN/USD 0.066667 0.00000000
  • ERN/EUR 0.061893 -0.00036333
  • ERN/JPY 10.382933 0.33456667
  • ERN/GBP 0.053222 0.00027173
  • ERN/CHF 0.060445 0.00127933
  • ERN/MXN 1.117323 -0.02967180
  • ERN/INR 5.567989 0.03031260
  • ERN/BRL 0.343098 0.01286487
  • ERN/CNY 0.482260 0.00294667

ERN/EUR exchange rate analysis over the past 90 days

Eritrean Nakfa to Euro exchange rate: Over the last 90 days, the Eritrean Nakfa weakened by -0.59% against the Euro, declining from €0.0623 to €0.0619 per Eritrean Nakfa. This trend reflects the evolving economic dynamics between the Eritrea and the European Union. Factors contributing to this weakening may include:

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

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

ern/eur 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.

€
Euro Currency

Country: European Union

Symbol: €

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro (EUR) is the official currency of the European Union (EU). It was introduced in 1999 as an electronic currency and became physical in 2002. The Euro is used by 19 of the 27 EU member states, promoting economic integration, trade, and stability within the Eurozone. It is an important symbol of European unity and facilitates cross-border transactions, making it a key currency globally.

Quick Conversion Guide
Eritrean Nakfas(ERN) to Euros(EUR)
Nfk1 Eritrean Nakfa € 0.06 Euros
Nfk10 Eritrean Nakfas € 0.62 Euros
Nfk20 Eritrean Nakfas € 1.24 Euros
Nfk30 Eritrean Nakfas € 1.86 Euros
Nfk40 Eritrean Nakfas € 2.48 Euros
Nfk50 Eritrean Nakfas € 3.09 Euros
Nfk60 Eritrean Nakfas € 3.71 Euros
Nfk70 Eritrean Nakfas € 4.33 Euros
Nfk80 Eritrean Nakfas € 4.95 Euros
Nfk90 Eritrean Nakfas € 5.57 Euros
Nfk100 Eritrean Nakfas € 6.19 Euros
Nfk200 Eritrean Nakfas € 12.38 Euros
Nfk300 Eritrean Nakfas € 18.57 Euros
Nfk400 Eritrean Nakfas € 24.76 Euros
Nfk500 Eritrean Nakfas € 30.95 Euros
Nfk600 Eritrean Nakfas € 37.14 Euros
Nfk700 Eritrean Nakfas € 43.32 Euros
Nfk800 Eritrean Nakfas € 49.51 Euros
Nfk900 Eritrean Nakfas € 55.7 Euros
Nfk1000 Eritrean Nakfas € 61.89 Euros
Nfk2000 Eritrean Nakfas € 123.79 Euros
Nfk3000 Eritrean Nakfas € 185.68 Euros
Nfk4000 Eritrean Nakfas € 247.57 Euros
Nfk5000 Eritrean Nakfas € 309.46 Euros
Euros(EUR) to Eritrean Nakfas(ERN)
€1 Euro Nfk 16.16 Eritrean Nakfas
€10 Euros Nfk 161.57 Eritrean Nakfas
€20 Euros Nfk 323.14 Eritrean Nakfas
€30 Euros Nfk 484.71 Eritrean Nakfas
€40 Euros Nfk 646.28 Eritrean Nakfas
€50 Euros Nfk 807.85 Eritrean Nakfas
€60 Euros Nfk 969.42 Eritrean Nakfas
€70 Euros Nfk 1130.99 Eritrean Nakfas
€80 Euros Nfk 1292.56 Eritrean Nakfas
€90 Euros Nfk 1454.13 Eritrean Nakfas
€100 Euros Nfk 1615.7 Eritrean Nakfas
€200 Euros Nfk 3231.41 Eritrean Nakfas
€300 Euros Nfk 4847.11 Eritrean Nakfas
€400 Euros Nfk 6462.82 Eritrean Nakfas
€500 Euros Nfk 8078.52 Eritrean Nakfas
€600 Euros Nfk 9694.22 Eritrean Nakfas
€700 Euros Nfk 11309.93 Eritrean Nakfas
€800 Euros Nfk 12925.63 Eritrean Nakfas
€900 Euros Nfk 14541.33 Eritrean Nakfas
€1000 Euros Nfk 16157.04 Eritrean Nakfas
€2000 Euros Nfk 32314.08 Eritrean Nakfas
€3000 Euros Nfk 48471.11 Eritrean Nakfas
€4000 Euros Nfk 64628.15 Eritrean Nakfas
€5000 Euros Nfk 80785.19 Eritrean Nakfas

Frequently Asked Questions

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The Eritrean Nakfa to Euro 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 EUR is €0.06.
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Yes, our site provides historical charts that show the trends and fluctuations in the Eritrean Nakfa to Euro 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.