Eritrean Nakfa

Eritrean Nakfa

The nakfa (ISO 4217 code: ERN) is the currency of Eritrea and was introduced on 8 November 1997 to replace the Ethiopian birr at par. The currency takes its name from the Eritrean town of Nakfa, site of the first major victory of the Eritrean War of Independence. The nakfa is divided into 100 cents. The nakfa is pegged to the US dollar at a fixed rate of USD$1 = ERN15. Prior to that it was officially pegged at USD$1 = ERN13.50, however black market rates available on the streets typically offered a rate of 22 nakfas per dollar.Between 18 November and 31 December 2015, the Bank of Eritrea began replacement of all nakfa banknotes. The banknote replacement initiative was designed to combat counterfeiting, the informal economy but primarily Sudanese human traffickers who had accepted payments in nakfa banknotes in exchange for transporting would-be migrants primarily to Europe. A consequence of this was substantial amounts of the country's currency existed in vast hoardings outside Eritrea. The plan to replace the country's currency was top secret and designed to prevent human traffickers bringing their funds back in time to exchange for the new banknotes. On 1 January 2016 the old nakfa banknotes ceased being recognized as legal tender, rendering external stockpiles of currency worthless.The current series of banknotes is the artwork of an Afro-American banknote designer, Clarence Holbert, and printed by German currency printer Giesecke & Devrient.

Saudi Arabian Riyal

Saudi Arabian Riyal

The Saudi riyal (Arabic: ريال‎ riyāl); is the currency of Saudi Arabia. It is abbreviated as ر.س or SR (Saudi riyal). It is subdivided into 100 halalas (Arabic: هللة‎ Halalah).

3 Eritrean Nakfa to Saudi Arabian Riyal exchange rates chart

3 ERN to SAR exchange rates graph
3 ERN to SAR exchange rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

3 ERN to SAR exchange rates FAQs

What is 3 ERN to SAR?

The meaning of 3 ERN to SAR is to exchange 3 Eritrean Nakfa to Saudi Arabian Riyal by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. Forex.gg is offering inter-market exchange rates to convert 3 ERN to SAR on the chart below.

Who can exchange 3 ERN to SAR?

Anyone with 3 Eritrean Nakfa can find a local bank or a bureau de change to convert into Eritrean Nakfa. However, if neither ERN nor SAR is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why Forex.gg is offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 3 ERN to SAR?

Due to the nature of the forex market, the exchange rates for 3 ERN to SAR is changing all the time in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. So the currency rate you see in this page may change any minute. It's better to lock in the exchange rates with your local broker so that you won't be affected for any future rate changes.

Why do I want to convert 3 ERN to SAR?

Most likely you are traveling and want to get some Saudi Arabian Riyal cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 3 Eritrean Nakfa to Saudi Arabian Riyal. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 3 ERN to SAR?

Usually you can find a local bank, post office or bureau de change to exchange 3 ERN to SAR. But you will soon find out that the exchange rates you can find at all thoses places vary by a lot. It's better to be prepared before hand and do your research about the local forex brokers. That's the exact reason why Forex.gg is doing the homework for you to find the best local bureau de change to avoid being ripped off. All you need to do is input the amount of Saudi Arabian Riyal you wnat to buy or sell and we will show you where to find the best rate. No forex exchange commissions or fees required!

How to exchange 3 ERN to SAR?

Use the tool we provided here to find the best exchange rates for 3 Eritrean Nakfa to Saudi Arabian Riyal. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 3 ERN in hand and exchange the cash you want in store or online. It's just that simple with no fees or commissions from Forex.gg!

3 ERN to SAR exchange rates table

Exchange ERN to SAR
3 Eritrean Nakfa = 0.750 Saudi Arabian Riyal
6 Eritrean Nakfa = 1.500 Saudi Arabian Riyal
15 Eritrean Nakfa = 3.750 Saudi Arabian Riyal
30 Eritrean Nakfa = 7.500 Saudi Arabian Riyal
Exchange Eritrean Nakfa to Saudi Arabian Riyal
3 Eritrean Nakfa to Saudi Arabian Riyal Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

3 ERN to SAR news tweets

3 ERN to SAR added 1 tweet
2019-04-21 00:58:33 UTC
RT @Wokerti: The founders of EPLF, the commanders, the people who planned the liberation of Asmera, Afabet, Massawa, Asseb, Bare… https://t.co/xJiRs1JIJb
3 ERN to SAR added 1 tweet
2019-04-21 01:42:05 UTC
RT @Wokerti: The founders of EPLF, the commanders, the people who planned the liberation of Asmera, Afabet, Massawa, Asseb, Bare… https://t.co/xJiRs1JIJb
3 ERN to SAR added 1 tweet
2019-04-21 03:19:35 UTC
RT @Wokerti: The founders of EPLF, the commanders, the people who planned the liberation of Asmera, Afabet, Massawa, Asseb, Bare… https://t.co/xJiRs1JIJb
3 ERN to SAR added 1 tweet
2019-04-21 08:32:07 UTC
RT @Wokerti: The founders of EPLF, the commanders, the people who planned the liberation of Asmera, Afabet, Massawa, Asseb, Bare… https://t.co/xJiRs1JIJb
3 ERN to SAR added 1 tweet
2019-04-21 09:23:00 UTC
RT @Wokerti: The founders of EPLF, the commanders, the people who planned the liberation of Asmera, Afabet, Massawa, Asseb, Bare… https://t.co/xJiRs1JIJb
3 ERN to SAR added 1 tweet
2019-04-18 10:03:33 UTC
RT @Geopol_Analisi: Le Qatar intente une action en justice contre Arabie & EAU Banques liées pr avoir utilisé des cotations frauduleuse… https://t.co/E93UKTMttI
3 ERN to SAR added 1 tweet
2019-04-18 10:14:15 UTC
Fresh from a fistful of Saudi riyal for defending Saudi Arabian policies in Parliament, Helen now feels financially… https://t.co/G4urt72O8T
3 ERN to SAR added 1 tweet
2019-04-18 07:51:19 UTC
Amount From: SARSaudi Arabian Riyal T0: Iranian Rial 1 SAR = 11,199.13 IRR 1 IRR = 0.0000892926 SAR1 SAR = 1… https://t.co/feAbHvl6RT
3 ERN to SAR added 1 tweet
2019-04-17 18:51:05 UTC
@SaudiGovernment I humbly suggest, if the esteemed Saudi Arabian government, were to switch to the use of BIO-DIESE… https://t.co/5avB2BPnDz
3 ERN to SAR added 1 tweet
2019-04-16 18:16:41 UTC
BANKNOTES - SAUDI ARABIAN MONETARY AGENCY 100 RIYAL NOTE ISSUED 1968 ( 94 Bids ) https://t.co/cFHwrnaHQN

3 ERN to SAR news media

3 ERN to SAR added 1 medium
2014-10-09T18:37:51+02:00
Coin-A-Day #41 10 Cents, Eritrea. 1997. Forty First day of the Coun-A-Day series brings a coin from a rarer country, unheard to many; Eritrea. Situated at the Horn Of Africa, and always surrounded with issues on or the another. As they say Liberty-Equality-Justice. With soldiers and a flag on the Head, an Ostrich on the Tail. #10Cents #Cents10 #Eritrea #1997 #StateOfEritrea #HornOfAfrica #AfricaHorn #Soldiers #Flag #LibertyEqualityJustice #Liberty #Equality #Justice #RareCountry #RareCoin #Ostrich #TenCents #EritreanCoin #EritreanNakfa #Nakfa #ERN #Series #Day41 #Coin #Numismatics #Numismatist #CoinCollector #FlagOff #Kaushalistic
3 ERN to SAR added 1 medium
2015-08-14T14:18:04+02:00
New addition to my collection Lebanese Pound/ Lebanese Lira/ Livre, Mozambican Metical, Uzbekistani Som, Russian Ruble, Eritrean Nakfa #lebanesepound #mozambicanmetical #uzbekistanisom #russianruble #eritreannakfa #lebanon #mozambique #uzbekistan #russia #eritrea #collection #currencynotes #hobby
3 ERN to SAR added 1 medium
2015-08-14T14:21:24+02:00
Eritrean Nakfa #eritreannakfa #eritrea #africa #africanunion
3 ERN to SAR added 1 medium
2016-10-14T10:27:29+02:00
100 Eritrean Nakfa, 2011. Fragment in infrared light (870 nm) The fragment depicts portraits of young women. https://regulaforensics.com/en/products/information_reference_systems_software/SDU/ #Regula #regulaforensics #EritreanNakfa #Nakfa #Eritrea #banknote #currency #securityfeature #infrared #portrait #youngwoman #woman #girl #composition #IR #prettywoman #fashion
3 ERN to SAR added 1 medium
2017-05-20T13:21:57+02:00
Kolleksiyama xoş gəldiniz... #bangladeshtaka #eritreannakfa #tabagodollar #congofrancs #malawiankwacha #indonesianrupiah #hondurasianlempira #mongoliantoqroq #nigeriannaira #combodianriel #serbiandinar #gambiadalasi #bhutanianngultrum #moneycollection #money💰
3 ERN to SAR added 1 medium
2019-04-17T12:04:06+02:00
Teringat banget ketika pakde Jokowi umroh ke Arab Saudi, inilah salah satu koleksi yg gw incer yakni 5 Saudi Arabian Riyal 😊 warnanya ungu kaya uang Rp 10.000.....gambar uang ini Raja Abdullah, yang gambar Raja Salman belum gue dapat #banknotes #saudiarabianriyal #kingabdullah #kingsalman #numismatic
3 ERN to SAR added 1 medium
2019-04-11T04:29:23+02:00
. . TUKAR 5 PAKET SAR...FREE POUCH CANTIK LHOOO....!!! 😍😍😍...BURUAN KE MANDIRI SYARIAH BANDUNG MOH TOHA... . . . . . . . . . - Kami menyediakan berbagai pecahan RIYAL (terutama pecahan kecil) . . - Harga terbaik untuk semua pecahan . . - Denominasi kecil memudahkan sahabat dalam memenuhi keperluan selama di tanah suci seperti ongkos,naik kendaraan umum,membeli makanan dan minuman,membeli souvenir di tempat2 ziarah,dan kemudahan lainnya.... . . . Yuuukkk...langsung aj ke Mandiri Syariah Bandung Moh Toha... 😇😇😇😇😇 . . . #bsmbandungmohtoha #mandirisyariah #saudiarabianriyal #amanahadaftifbersemangat #tukarsar #banknotes #riyal
3 ERN to SAR added 1 medium
2014-07-15T11:09:38+02:00
#SaudiArabianRiyal #USDollar#themoneymovement2 @themoneymovement2.0 #freepalestine #prayforgaza
3 ERN to SAR added 1 medium
2014-08-20T00:42:16+02:00
At work gettin' #ArabMoney 💲#500 #SaudiArabianRiyal
3 ERN to SAR added 1 medium
2015-12-10T20:14:45+01:00
#saudiarabianriyal #suudiarabistanriyali #saudiarabia #money #saudi #arabian #HasanKaragöz #Fotoğraf #Photography #zoom #istanbul

3 ERN to SAR news videos

Right before the The Third and last Congress of the EPLF was held in 1994 in Asmara; the names of the Martyrs was broadcast ...
ገዲም ተጋዳልይ ጀማል ናቅፋ። Long time Hero Tegadali Jemal Nakfa.
The future African currency, from the model nation of the African countries. ERITREA.
Subscribe Us on YouTube Saudi Riyal Exchange rate Pakistan India Currency Rate Enjaz Bank || Monygarm Today all Like Share ...
Saudi currency rates today, Riyal exchange rate today, Saudi mein aaj ka riyal rate, Today saudi riyal rate, Riyal exchange rate ...
Today riyal rate, Riyal rate today, Saudi currency rates today, Saudi riyal today rate, Riyal exchange rate today, Today riyal rate ...
Saudi Arabian riyal https://media.giphy.com/media/xUPGcMCssbx7q6EnqU/giphy.gif.
You can click for depth information ...

3 ERN to SAR news texts

Zimbabwe election race tightens: Poll

HARARE — Emmerson Mnangagwa has only a narrow lead over opposition leader Nelson Chamisa ahead of Zimbabwe’s landmark elections on July 30, according to a poll released on Friday.

3 months conditional neutral
Eritrea Has Failed to Realize Its Revolutionary Dream

Once a revolution is over, how do you judge its success? Twenty years ago, Eritrea—in the northeast of Africa—became a legally independent nation, having won its de-facto independence from Ethiopia two years earlier, in 1991. But creating a free and...

5 months conditional neutral
'I was euphoric': Eritrea's joy becomes Ethiopia's burden amid huge exodus

As a sevenfold increase in the number of Eritrean refugees arriving in Ethiopia stretches regional resources, fears are growing that the border may close again

6 months indicative negative
The peace deal with Ethiopia has not changed Afwerki's Eritrea

If anything, it has actually strengthened his regime.

6 months conditional positive
The ‘Center of al-Awamiyah’ injects fresh hope in Saudi Arabia’s al-Qatif

Residents in al-Awamiyah district in the Saudi Arabian Province of al-Qatif returned to their new homes with renewed hope less than a year after

3 months subjunctive negative
Iranian rial hits record low of 170,000 to the dollar

LONDON: The Iranian rial hit a record low against the US dollar on the unofficial market on Wednesday, the local Tasnim news agency reported, amid a deterioration in the economic situation in Iran and the reimposition of sanctions by Washington. The dollar was being offered for as much as 170,000 rials, according to Tasnim. The rial has lost approximately 75 percent of its

3 months conditional neutral
Top bank boosts Egypt, Gulf falls in thin trade

Egypt’s blue-chip stock index rose sharply on Wednesday, boosted by its biggest bank, while all major Gulf markets were weak, with some investors away on year-end holidays.

4 months conditional neutral

3 ERN to SAR currency converter

3 ERN to SAR exchange rates

100 ZAR to USD
White Plains, United States.
14 KWD to INR
White Plains, United States.
100 AMD to LTL
Yerevan, Republic of Armenia.
100 AMD to LTL
Yerevan, Republic of Armenia.
100 RSD to TRY
Adana, Republic of Turkey.
1 TRY to AZN
Baku, Republic of Azerbaijan.
1 TRY to AZN
Baku, Republic of Azerbaijan.
1 USD to CAD
Beamsville, Canada.
100 MYR to IDR
Amsterdam, Kingdom of the Netherlands.
1 USD to CAD
Beamsville, Canada.
1 USD to CAD
Beamsville, Canada.
100 ILS to ZAR
Cape Town, Republic of South Africa.
500 PKR to GEL
Islamabad, Islamic Republic of Pakistan.
100 USD to MAD
Putian, People’s Republic of China.
1000 RSD to TRY
Ankara, Republic of Turkey.
1 GBP to JPY
Toyonaka, Japan.
1 JPY to GBP
Toyonaka, Japan.
123 USD to EUR
Bengaluru, Republic of India.
100 AMD to LTL
Yerevan, Republic of Armenia.