Érythrée: Exchange rate to USD

The currency chart for Érythrée shows historical data for the Eritrean Nakfas per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Eritrean Nakfas per USD. Depreciation implies that goods from Érythrée become cheaper to export and it becomes cheaper for foreigners to visit Érythrée.

The series for Érythrée are available from février 2010 to juin 2018. For that period, the average exchange rate for Érythrée was 15.1112 Eritrean Nakfas per USD with a minimum of 10.7704 Eritrean Nakfas per USD in juillet 2013 and a maximum of 16.78 Eritrean Nakfas per USD in décembre 2015. The most recent available data point is 15.1 Eritrean Nakfas per USD, a change of 0% from the previous data point of 15.1 Eritrean Nakfas per USD and a change of -1.6% from a year ago when the level was 15.3454 Eritrean Nakfas per USD.

Currency values in Érythrée and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.