Currency.Wiki

1 Euro to Eritrean Nakfa

Updated 7 minutes ago
Convert 1 EUR:ERN
EU EUR
ER ERN
 EUR =
    ERN
 Euro =  Eritrean Nakfas
Trending: € exchange rates for the last 24 hours
  • EUR/USD 1.069650 -0.01379447
  • EUR/JPY 169.106361 9.31090060
  • EUR/GBP 0.846410 -0.00575723
  • EUR/CHF 0.967023 0.03367945
  • EUR/MXN 18.355306 -0.30418709
  • EUR/INR 89.211454 -0.88060107
  • EUR/BRL 5.472652 0.10754167
  • EUR/CNY 7.750258 0.05931717

EUR/ERN exchange rate analysis over the past 90 days

Euro to Eritrean Nakfa exchange rate: Over the last 90 days, the Euro weakened by -1.29% against the Eritrean Nakfa, declining from Nfk16.2517 to Nfk16.0448 per Euro. This trend reflects the evolving economic dynamics between the European Union and the Eritrea. Factors contributing to this weakening may include:

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

eur/ern Historical Chart

€
Euro Currency

Country: European Union

Symbol: €

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro banknotes vary in color and size, with denominations ranging from €5 to €500. Each banknote represents a specific architectural period. The coins have a common European side and a national side, with values of 1 cent to €2. The designs portray national symbols, historic figures, and important cultural elements. Both the banknotes and coins include security features such as holograms, microprinting, and raised print to prevent counterfeiting.

Nfk
Eritrean Nakfa Currency

Country: Eritrea

Symbol: Nfk

ISO Code: ERN

Bank: Bank of Eritrea

Interesting fact about Eritrean Nakfa

The Eritrean Nakfa banknotes feature diverse colors, including brown, green, blue, and purple. They showcase local landmarks, portraits of notable Eritrean figures, and cultural elements. The coins are made from nickel-plated steel and come in various denominations ranging from 1 cent to 1 Nakfa. The designs on the coins depict national symbols, wildlife, and traditional patterns. Both the banknotes and coins of the Eritrean Nakfa highlight the rich cultural heritage and natural beauty of Eritrea.

Quick Conversion Guide
Euros(EUR) to Eritrean Nakfas(ERN)
€1 Euro Nfk 16.04 Eritrean Nakfas
€10 Euros Nfk 160.45 Eritrean Nakfas
€20 Euros Nfk 320.9 Eritrean Nakfas
€30 Euros Nfk 481.34 Eritrean Nakfas
€40 Euros Nfk 641.79 Eritrean Nakfas
€50 Euros Nfk 802.24 Eritrean Nakfas
€60 Euros Nfk 962.69 Eritrean Nakfas
€70 Euros Nfk 1123.13 Eritrean Nakfas
€80 Euros Nfk 1283.58 Eritrean Nakfas
€90 Euros Nfk 1444.03 Eritrean Nakfas
€100 Euros Nfk 1604.48 Eritrean Nakfas
€200 Euros Nfk 3208.95 Eritrean Nakfas
€300 Euros Nfk 4813.43 Eritrean Nakfas
€400 Euros Nfk 6417.9 Eritrean Nakfas
€500 Euros Nfk 8022.38 Eritrean Nakfas
€600 Euros Nfk 9626.85 Eritrean Nakfas
€700 Euros Nfk 11231.33 Eritrean Nakfas
€800 Euros Nfk 12835.8 Eritrean Nakfas
€900 Euros Nfk 14440.28 Eritrean Nakfas
€1000 Euros Nfk 16044.75 Eritrean Nakfas
€2000 Euros Nfk 32089.51 Eritrean Nakfas
€3000 Euros Nfk 48134.26 Eritrean Nakfas
€4000 Euros Nfk 64179.02 Eritrean Nakfas
€5000 Euros Nfk 80223.77 Eritrean Nakfas
Eritrean Nakfas(ERN) to Euros(EUR)
Nfk1 Eritrean Nakfa € 0.06 Euros
Nfk10 Eritrean Nakfas € 0.62 Euros
Nfk20 Eritrean Nakfas € 1.25 Euros
Nfk30 Eritrean Nakfas € 1.87 Euros
Nfk40 Eritrean Nakfas € 2.49 Euros
Nfk50 Eritrean Nakfas € 3.12 Euros
Nfk60 Eritrean Nakfas € 3.74 Euros
Nfk70 Eritrean Nakfas € 4.36 Euros
Nfk80 Eritrean Nakfas € 4.99 Euros
Nfk90 Eritrean Nakfas € 5.61 Euros
Nfk100 Eritrean Nakfas € 6.23 Euros
Nfk200 Eritrean Nakfas € 12.47 Euros
Nfk300 Eritrean Nakfas € 18.7 Euros
Nfk400 Eritrean Nakfas € 24.93 Euros
Nfk500 Eritrean Nakfas € 31.16 Euros
Nfk600 Eritrean Nakfas € 37.4 Euros
Nfk700 Eritrean Nakfas € 43.63 Euros
Nfk800 Eritrean Nakfas € 49.86 Euros
Nfk900 Eritrean Nakfas € 56.09 Euros
Nfk1000 Eritrean Nakfas € 62.33 Euros
Nfk2000 Eritrean Nakfas € 124.65 Euros
Nfk3000 Eritrean Nakfas € 186.98 Euros
Nfk4000 Eritrean Nakfas € 249.3 Euros
Nfk5000 Eritrean Nakfas € 311.63 Euros

Frequently Asked Questions

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The Euro 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 EUR to ERN is Nfk16.04.
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Yes, our site provides historical charts that show the trends and fluctuations in the Euro 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.