Eritrea Coins
The official currency of Eritrea is the nakfa, introduced in 1997 to replace the Ethiopian birr after the country's independence. Eritrea's monetary system has undergone several changes throughout its history, reflecting different influences and periods of foreign domination.
Monetary history of Eritrea
Prior to the introduction of the nakfa, Eritrea used a variety of currencies due to its complex history. During the Italian colonial period, the Italian East African lira was used. Later, under British administration, the East African shilling circulated. After federation with Ethiopia in 1952, Eritrea adopted the Ethiopian dollar and then the birr, which remained in use until independence in 1993.
Numismatic milestones in Eritrea
The introduction of the nakfa in 1997 marked a significant milestone in Eritrean numismatics. The coin's name was chosen in honor of the city of Nakfa, a symbol of resistance during the war of independence. Another notable event was the issuance of commemorative coins in 1997 to celebrate the 6th anniversary of independence, including silver and gold pieces that are highly valued by collectors.
| Country | Eritrea |
| Flag | |
| Coin | Nakfa (ERN) |
| 1€ | 15,65Nfk |
| Continent | Africa |
| Capital city | Asmara |
| ISO2 | ER |
| ISO3 | ERI |
| Catalogued coins | 52 |
If you are a passionate collector, this catalog offers the possibility to create your own personal collection from this list. You can add your coins and generate a free PDF catalog from a complete database and our management tools. In addition, once registered, you will have the opportunity to exchange coins with other collectors around the world easily and free of charge.
The most valuable coins
The most valuable Eritrea coins and sought after by collectors according to Foronum statistics are the following:
The valuation of these coins has been achieved through a meticulous algorithm that considers the current market, taking into account aspects such as material, weight, diameter, edge, year of mintage, mint of manufacture and the number of coins produced. Coins with limited mintages and in good condition are usually among the most valuable.
Coin Catalog
1 dollar (Lanner falcon)
1 dollar (Lion)
1 dollar (Independence Day)
1 tallero (Italian Eritrea)
1 dollar (Monkey)
1 dollar (Cheetah)
1 dollar (Ankylosaurus)
2 lire / 4/10 rial (Italian Eritrea)
1 dollar (Rhinoceros)
10 dollar (Monkey)
5 lire / 1 tallero / 1 rial (Italian Eritrea)
10 cents (Red-necked ostrich)
100 dollar (Lanario Falcon)
10 dollar (Cheetah)
10 dollars (Independence Day)
1 dollar (Cape Owl)
25 cents (Grévy zebra)
10 dollars (Cape Owl)
5 cents (Leopard)
50 centesimi / 2/10 rial (Italian Eritrea)
Other resources to find coins and banknotes of Eritrea
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