Eritrean Nakfa in Haitian Gourde

ERN Eritrean Nakfa

Country of application:
Eritrea

Coin denominations in circulation:
1, 5, 10, 25, 50 cents, 1 nakfa.

Denominations of banknotes in circulation:
1, 5, 10, 20, 50, 100 nakfa.

History reference:
The Eritrean nakfa is the national currency and fiat money of the State of Eritrea, a state in East Africa. Nakfa was introduced in 1997 when it replaced the Ethiopian Birr after the War of Independe...nce. The country went through seven years of stabilization, reconstruction and development before the start of a new border war with Ethiopia in 1998. In mid-2018, a turning point took place in the external environment of Eritrea. Ethiopia signed a peace treaty with Eritrea in July 2018. Eritrea has begun to normalize relations with neighboring countries. In November 2018, the UN Security Council lifted sanctions on Eritrea. The current account surplus will remain high in 2020, driven by Eritrean remittances from abroad (12% of GDP) and mining exports (25% of GDP).

HTG Haitian Gourde

Country of application:
Haiti

Coin denominations in circulation:
5, 10, 20, 50 centimes, 1, 5 gourdes.

Denominations of banknotes in circulation:
10, 25, 50, 100, 250, 500, 1000 gourdes.

History reference:
The Haitian gourde is the currency of Haiti. Its ISO 4217 code is HTG and is divided into 100 centimes (French) or centimes (Creole). The word gourde is French. cognate to the Spanish term "gordo", f...rom "pesos gordos" (also known in English as "hard eights" and in French as "piastres fortes espagnoles") in which colonial-era contracts were made in the Spanish sphere of influence often referred to as Haiti (officially - the Republic of Haiti) - a state located in the western part of the island of Hispaniola (Haiti). In the east, it has a common land border with the Dominican Republic (Diminican Republic). In addition, it has common borders on the division of maritime economic zones with Cuba in the west in the Windward Strait, the Bahamas in the north and Jamaica in the southwest in the San Geno and Jamaica straits. The name of the state comes from the language of the Taino Indians, from which the word "Haiti" is translated as "Mountain Country".