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1 Eritrean Nakfa to British Pound Sterling

Updated 5 minutes ago
Convert 1 ERN:GBP
 ERN =
    GBP
 Eritrean Nakfa =  British Pounds Sterling
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/GBP exchange rate analysis over the past 90 days

Eritrean Nakfa to British Pound Sterling exchange rate: Over the last 90 days, the Eritrean Nakfa strengthened by 0.89% against the British Pound Sterling, moving from £0.0528 to £0.0532 per Eritrean Nakfa. This trend reflects the evolving economic dynamics between the Eritrea and the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Eritrea and United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Eritrea and United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Eritrea or United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Global Influences: Broader economic or geopolitical events that can impact both the Eritrea and the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.

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

ern/gbp 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.

£
British Pound Sterling Currency

Country: United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey

Symbol: £

ISO Code: GBP

Bank: Bank of England

Interesting fact about British Pound Sterling

The British Pound Sterling (GBP) is the currency of the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, and Guernsey. With a long history dating back to the 8th century, it has played a significant role in global trade and the UK's economy. As one of the world's major currencies, the GBP remains an important symbol of economic strength and stability in these regions.

Quick Conversion Guide

Frequently Asked Questions

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The Eritrean Nakfa to British Pound Sterling 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 GBP is £0.05.
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Yes, our site provides historical charts that show the trends and fluctuations in the Eritrean Nakfa to British Pound Sterling 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.