ERN black market rate on Aug 16, 2026: 14.5 per USD
On Sunday, August 16, 2026, the US dollar traded at about 14.5 ERN on Eritrea's parallel (black) market at the close of observations. The day opened at 14.5 ERN, reached a high of 14.5 and a low of 14.5, a trading range of 0 ERN (0.00%).
Across 288 observations, the average price to buy dollars was 14.5 ERN and the average price received when selling dollars was 15 ERN. Over the session the Eritrean Nakfa was broadly flat against the dollar (0.00% from open to close).
Official rate vs black market rate on Aug 16, 2026
The official exchange rate published for Eritrea on this date was 15 ERN per USD. The parallel-market close of 14.5 ERN therefore implied a premium of -3.33% over the official rate — a discount to the official rate, which is unusual and often reflects thin or one-sided quotes.
How Aug 16, 2026 compares
Compared with the previous observed day (Aug 15, 2026, close 14.5 ERN), the rate moved 0.00%.
One week earlier (Aug 9, 2026) the close was 15 ERN, so the weekly change was -3.33%.
Thirty days earlier (Jul 17, 2026) the close was 12 ERN, a +20.83% move over the month.
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 Aug 16, 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 Aug 16, 2026?
- The USD to ERN parallel market rate closed at approximately 14.5 ERN per US dollar on Sunday, August 16, 2026, after trading between 14.5 and 14.5 ERN.
- How much did the ERN move against the dollar that day?
- From an open of 14.5 to a close of 14.5 ERN, the parallel rate moved 0.00% on Aug 16, 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 14.5 ERN, a premium of -3.33%.
- Was the ERN black market rate higher or lower than the day before?
- Higher: the previous observed close was 14.5 ERN on Aug 15, 2026, a change of 0.00%.
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.