ERN black market rate on Jul 29, 2026: 12 per USD
On Wednesday, July 29, 2026, the US dollar traded at about 12 ERN on Eritrea's parallel (black) market at the close of observations. The day opened at 13 ERN, reached a high of 13 and a low of 12, a trading range of 1 ERN (8.33%).
Across 188 observations, the average price to buy dollars was 12.35 ERN and the average price received when selling dollars was 13.4 ERN. Over the session the Eritrean Nakfa strengthened against the dollar (-7.69% from open to close).
Official rate vs black market rate on Jul 29, 2026
The official exchange rate published for Eritrea on this date was 15 ERN per USD. The parallel-market close of 12 ERN therefore implied a premium of -20.00% over the official rate — a discount to the official rate, which is unusual and often reflects thin or one-sided quotes.
How Jul 29, 2026 compares
Compared with the previous observed day (Jul 28, 2026, close 13 ERN), the rate moved -7.69%.
How this daily figure is produced
ETCurrency samples Eritrea's USD/ERN parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Jul 29, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Eritrean Nakfa black market rate on Jul 29, 2026?
- The USD to ERN parallel market rate closed at approximately 12 ERN per US dollar on Wednesday, July 29, 2026, after trading between 12 and 13 ERN.
- How much did the ERN move against the dollar that day?
- From an open of 13 to a close of 12 ERN, the parallel rate moved -7.69% on Jul 29, 2026.
- What was the gap between the official and black market ERN rate on that date?
- The official rate was 15 ERN per USD versus a parallel close of 12 ERN, a premium of -20.00%.
- Was the ERN black market rate higher or lower than the day before?
- Lower: the previous observed close was 13 ERN on Jul 28, 2026, a change of -7.69%.
Figures are aggregated parallel-market observations for Eritrea in UTC and are indicative only; they are not a quote to trade. See the full USD → Eritrean Nakfa history or today's live rate.