What Currency Does Eritrea Use?
Facts last checked 31 August 2026.
Exchange rate (approximate):
1 USD ≈ 15.00 ERN
1 GBP ≈ 20.11 ERN
Rates are indicative (July 2026) and change daily. Always check live rates before travelling. Rates by Exchange Rate API.
Travel Money Card
Travelling to Eritrea? Avoid poor airport exchange rates — a prepaid travel money card or multi-currency card usually gets you a far better deal on Eritrean nakfa spending.
What is money called in Eritrea?
Money in Eritrea is called the Eritrean nakfa — its ISO 4217 currency code is ERN, and its symbol is Nfk. The Eritrean nakfa is the official legal tender in Eritrea and is used for all everyday transactions — from paying for goods and services to converting money at banks and exchange bureaus. When travelling, you may also see it referred to as the Eritrea currency or simply money in Eritrea.
Is the Eritrean nakfa used anywhere else?
No — Eritrea is the only country on this site using the Eritrean nakfa as its official currency.
Practical money tips for Eritrea
Card payments are widely accepted in most cities, but it's still worth carrying some Eritrean nakfa in cash for smaller vendors, local transport and rural areas. Notify your bank before travelling to avoid transactions being blocked, and compare card fees — many cards charge a foreign transaction fee that a dedicated travel money card avoids.
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Eritrea currency — FAQ
What is the currency of Eritrea?
The currency of Eritrea is the Eritrean nakfa (currency code: ERN, symbol: Nfk).
What is the currency code for Eritrea?
The ISO 4217 currency code for the Eritrean nakfa is ERN.
What is the Eritrean nakfa symbol?
The symbol for the Eritrean nakfa is Nfk. You will see this on price tags and receipts throughout Eritrea.
What currency is used in Eritrea?
The official currency used in Eritrea is the Eritrean nakfa (ERN).
Can I use US dollars in Eritrea?
The official currency of Eritrea is the Eritrean nakfa, not the US dollar. While USD may be accepted in some tourist hotels and major cities, you will generally get better rates paying in Eritrean nakfa and should exchange money before or on arrival.
What is the exchange rate for Eritrea?
As of July 2026, approximately 1 USD = 15.00 ERN and 1 GBP = 20.11 ERN. Rates change daily — always check a live source before travelling or sending money.
What is money called in Eritrea?
Money in Eritrea is called the Eritrean nakfa (ERN).
Do other countries use the Eritrean nakfa?
No — Eritrea is the only country on this site using the Eritrean nakfa as its official currency.
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