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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.
Obverse
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Soldiers with the national flag of Eritrea and date 1991 (not an issue date) are symbolizing the struggle for independence from Ethiopia. LIBERTY·EQUALITY·JUSTICE |
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Reverse
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African elephant and calf left, divide denomination. Date on right. STATE OF ERITREA 1997 |
Edge |
Characteristics
Material | Nickel Clad Steel |
Weight | 10.3 g |
Diameter | 27 mm |
Thickness | 2.7 mm |
Shape | round |
Alignment | Coin |