USD to ERN Exchange Rate History — Eritrea
Over the past 90 days, the USD to Eritrean Nakfa parallel (black market) rate moved from about 12 ERN on Oct 12, 2026 to 12 ERN on Oct 12, 2026 — a change of +0.0%. Across that window the Eritrean Nakfa held broadly steady against the dollar, trading between a low of 12 and a high of 12 ERN, averaging 12 ERN per US dollar.
Eritrea fixes the nakfa far above its street value, so the black-market dollar trades well beyond the official rate for those who can find it.
How to read the ERN rate history
The chart plots the parallel buy rate — how many ERN it took to buy one US dollar — at each point we recorded. The daily table below lists the closing buy and sell rate for each day, while the monthly table summarises the average, high and low for each month, which is useful for comparing one period with another.
A rising line means the Eritrean Nakfa is losing value (more ERN per dollar); a falling line means it is gaining. Over this window the spread between the high (12) and the low (12) shows how volatile the market has been — here, roughly 0.0% around the average.
What has moved the Eritrean Nakfa recently?
In Eritrea, the parallel rate is driven by factors such as strict currency controls, a rigid official peg, severe dollar scarcity. When dollars become scarcer or confidence falls, the street rate climbs ahead of the official Bank of Eritrea rate; when supply improves or policy tightens, the gap can narrow again.
Because the parallel rate often moves before official devaluations, its history is a useful early-warning record — a steadily rising trend frequently precedes an official adjustment, while a long plateau suggests relative stability.
Using historical ERN rates
Historical rates help with budgeting, invoicing, remittance planning and spotting trends, but they are not a forecast — past movements do not guarantee future ones. For the live rate, see our main USD to ERN page, and use the converter for exact amounts.
All figures are aggregated from P2P platforms, community reports and market monitoring, then refreshed hourly. They are provided for information and price-transparency only and are not financial advice.