For translation West African Franc in Eritrean Nakfa enter the desired amount in the left side converter. Swap currencies for reverse transfer. West African Franc in Eritrean Nakfa can transfer using the Gidfinance-us.com currency converter. Data on our website updated every day – current rate West African Franc to Eritrean Nakfa downloaded from official sources.
Information updates: 05.18.24 13:00
To calculate the cost of foreign currency conversion, we use market exchange rates 152 currencies of the world.
Country of application:
Benin, Burkina Faso, Cote dIvoire, Guinea-Bissau, Mali, Niger, Senegal, Togo
Currency
XOF
Code
952
Symbol
CFA
Coin denominations in circulation:
1, 5, 10, 25, 50, 100, 200, 250, 500 CFA francs.
Denominations of banknotes in circulation:
500, 1000, 2000, 5000, 10,000 CFA francs.
History reference:
The CFA franc was introduced as the single currency of the French territories of West and Central Africa on December 26, 1945. By this time, the Franc Zone (an alliance created on the basis of former... French colonies) existed for about four years and was considered a voluntary association of participating countries. At first, the common currency was the French franc, but after the adoption of a decree in 1945, the CFA franc was introduced into circulation. The currency ratio was as follows: 1 CFA franc = 1.70 French francs. On November 20, 1963, Togo officially joined the Monetary Union. Mauritania leaves the Monetary Union in 1973. In the middle of 1984, Mali returned to the union. On January 10, 1994, after lengthy meetings, an agreement was reached in Dakar on the transformation of the West African Monetary Union into the West African Economic and Monetary Union, to which, on May 2, 1997, the Republic of Guinea-Bissau joined, replacing the significantly depreciated peso in circulation on its territory Guinea-Bissau to CFA franc BCEAO.
Country of application:
Eritrea
Currency
ERN
Code
232
Symbol
Nkf
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).
0.0242 ERN
0.0484 ERN
0.0726 ERN
0.0968 ERN
0.121 ERN
0.242 ERN
0.484 ERN
0.726 ERN
0.968 ERN
1.21 ERN
2.42 ERN
4.84 ERN
12.1 ERN
24.2 ERN
242 ERN
41.2727 XOF
82.5454 XOF
123.8181 XOF
165.0908 XOF
206.3635 XOF
412.727 XOF
825.454 XOF
1238.181 XOF
1650.908 XOF
2063.635 XOF
4127.27 XOF
8254.54 XOF
20636.35 XOF
41272.7 XOF
412727 XOF
The West African Franc to Eritrean Nakfa online calculator is easy to use. It is enough to enter the required number of monetary units for the data to be calculated automatically.
Online currency converter is a tool that will allow you to calculate the ratio of West African Franc to Eritrean Nakfa for today. The exchange rate of West African Franc to Eritrean Nakfa today, 05.18.24, today 0.0242 XOF to ERN.
Over the past 7 days, the rate of West African Franc to Eritrean Nakfa has changed by 621.98%, from to 621.98 XOF to ERN.
Over the past 30 days, the West African Franc to Eritrean Nakfa rate has changed by 1.6%, from 612.22 to 621.98 XOF to ERN.
Over the past 365 days, the West African Franc to Eritrean Nakfa rate has changed by 1.5%, from 612.7261 to 621.98 XOF to ERN.