ERITREAN NAKFA (ERN)
The Eritrean Nakfa is the official currency of Eritrea. The currency was introduced in 1998, and was named after Nacfa, a town in Eritrea's Sahel mountains. The Nakfa is pegged to the US dollar at a fixed rate of USD$1 = ERN15. Note denominations are 100, 50, 10, 5 and 1 Nakfa, and coins are 00 cents, 50, 25, 10, 5 and 1 cent, all depicting animals native to Eritrea. The Nakfa is issued by the Bank of Eritrea. The symbol is Nkf.