Currency.Wiki

1 US Dollar to Eritrean Nakfa

Updated 5 minutes ago
Convert 1 USD:ERN
 USD =
    ERN
 US Dollar =  Eritrean Nakfas
Trending: $ exchange rates for the last 24 hours
  • USD/EUR 0.934885 0.01190300
  • USD/JPY 158.095000 10.60666667
  • USD/GBP 0.791296 0.00476100
  • USD/CHF 0.904055 0.04259600
  • USD/MXN 17.160100 -0.06227600
  • USD/INR 83.402450 0.24910500
  • USD/BRL 5.172079 0.22017900
  • USD/CNY 7.245600 0.14700000

USD/ERN exchange rate analysis over the past 90 days

US Dollar to Eritrean Nakfa exchange rate: Over the last 90 days, the US Dollar strengthened by 0.00% against the Eritrean Nakfa, moving from Nfk15.0000 to Nfk15.0000 per US Dollar. This trend reflects the evolving economic dynamics between the United States and the Eritrea. Factors influencing this rate may include:

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

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

usd/ern Historical Chart

$
US Dollar Currency

Country: United States

Symbol: $

ISO Code: USD

Bank: Federal Reserve System

Interesting fact about US Dollar

The United States Dollar (USD) is the official currency of the United States. Its history dates back to 1792 when it was first established as the country's monetary unit. Today, the USD is one of the most widely accepted and recognized currencies globally. It serves as a symbol of economic strength, stability, and as a medium for international trade and transactions.

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.

Quick Conversion Guide

Frequently Asked Questions

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The US Dollar 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 USD to ERN is Nfk15.
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Yes, our site provides historical charts that show the trends and fluctuations in the US Dollar 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.