Eritrea: USD exchange rate

* indicates monthly or quarterly data series

USD Exchange rate

 Latest value 15.1
 Reference June 2018
 Measure Eritrean Nakfas per USD
 Data availability February 2010 - June 2018
 Average 15.1112
 Min - Max 10.7704 - 16.78
 Source Google Finance
The currency chart for Eritrea 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 Eritrea become cheaper to export and it becomes cheaper for foreigners to visit Eritrea.

The series for Eritrea are available from February 2010 to June 2018. For that period, the average exchange rate for Eritrea was 15.1112 Eritrean Nakfas per USD with a minimum of 10.7704 Eritrean Nakfas per USD in July 2013 and a maximum of 16.78 Eritrean Nakfas per USD in December 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 Eritrea 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.
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* indicates monthly or quarterly data series

Recent values chart
Eritrea - USD exchange rate - recent values

Historical chart
Eritrea - USD exchange rate - historical chart - 2010-2018
Measure: Eritrean Nakfas per USD
Source: Google Finance

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Definition: The amount of local currency units that can be exchanged for one USD. An increase (decrease) means USD appreciation (depreciation). The values are monthly averages of the daily exchange rates provided by Google Finance.

 Related indicators Latest value Reference Measure
 Exchange rate regimes 3 2021 index points
 USD exchange rate 15.3412 9/2017 Local Currency Units per USD
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