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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€ 15,76Nfk
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:

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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

Swapping available In my collection

50 centesimi / 1/10 rial (Italian Eritrea)

50 centesimi / 2/10 rial (Italian Eritrea)

2 lire / 4/10 rial (Italian Eritrea)

5 lire / 1 tallero / 1 rial (Italian Eritrea)

1 tallero (Italian Eritrea)

1 dollar (Independence Day)

KM#6 FO#18477
Price 14,95€
Year 1993

10 dollars (Independence Day)

50 dollars (Independence)

100 dollars (Independence)

1 dollar (Triceratops)

10 dollar (Triceraptors)

100 dollars (Triceratops)

1 dollar (Ankylosaurus)

1 dollar (Pteranodon)

1 dollar (Cheetah)

1 dollar (Rhinoceros)

1 dollar (Monkey)

KM#17 FO#22167
Year 1994

10 dollar (Cheetah)

10 dollar (Rhinoceroses)

10 dollar (Monkey)

Other resources to find coins and banknotes of Eritrea

Can't find what you are looking for? Take a look at our coin finder and speed up your searches within the collections of all collectors, or if you prefer you can search directly in the list of coin collectors and access their profile to see their collections.