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The nakfa 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. The nakfa is divided into 100 cents.
Soldiers with the national flag of Eritrea and date 1991 (not an issue date) are symbolizing the struggle for independence from Ethiopia.
African elephant and calf left, divide denomination. Date on right.
STATE OF ERITREA 1997