Currency · Live data
Eritrean Nakfa
ERNEritrea · Issued by Bank of Eritrea
Price (USD)
$0.066667
Inflation YoY
—
10y M2 change
+251%
M69 Score
42.7
USD-pegged
Market Cap (USD)
$4.61B
via M2 · 2014
M2 (local currency)
69.14B ERN
current LCU
CPI YoY
—
World Bank · annual
Country
Eritrea
ISO 4217 · ERN
Last Update
2026-04-25
Daily ingest · 02:00 UTC
Eritrean Nakfa M2 money supply
Broad money in ERN (cash + deposits + close substitutes), annual back to ~1960 via World Bank FM.LBL.BMNY.CN. Log scale auto-engages for hyperinflation outliers.
Eritrean Nakfa inflation history
Annual CPI YoY since 2001 — World Bank consumer price index for Eritrea. Inflation volatility is one of three inputs into the Money2069 sound-money score.
No CPI history available yet for ERN. World Bank coverage may be limited for this currency — we’ll add direct central-bank feeds in a future release.
Data sources & methodology
- FX (USD):
- Frankfurter / ECB · daily
- CPI YoY:
- World Bank FP.CPI.TOTL.ZG · annual
- M2 broad money:
- World Bank FM.LBL.BMNY.CN · annual (LCU)
- Market cap (USD):
- M2 / FX rate · daily
- 10-year M2 change:
- (M2 today / M2 10y ago) − 1
- M69 score:
- Weighted: CPI (50%), 10y M2 growth (40%), 1y FX stability (10%)
- Last fetched:
- 2026-04-25 16:15:01
- Country code (ISO 3166-1):
- ERI
Note: USD-pegged
Raw data: /api/v1/currencies/current/ERN
Frequently asked questions
Who issues the Eritrean Nakfa?+
The Eritrean Nakfa (ERN) is issued by Bank of Eritrea. As the monetary authority for Eritrea, it sets policy interest rates, manages foreign reserves, and controls the money supply.
What is the inflation rate of the Eritrean Nakfa?+
Latest available consumer price inflation for the Eritrean Nakfa: currently unavailable from World Bank for this currency. Source: World Bank annual series (FP.CPI.TOTL.ZG). Daily-refreshed historical chart on this page.
Has the Eritrean Nakfa been debased?+
Every fiat currency loses purchasing power over time as central banks expand the money supply. M2 has grown by approximately 251% over the past decade. Combined with cumulative inflation, this is the gap between ERN as accounting unit and ERN as a store of value.
Is the Eritrean Nakfa sound money?+
On the Money2069 0–100 sound-money scale, the Eritrean Nakfa currently scores 42.7. The score weights inflation volatility, 10-year money-supply growth, and 1-year FX stability. Higher = closer to sound. No fiat scores 100 because no fiat has zero issuance.
How does the Eritrean Nakfa compare to gold or the US dollar?+
Use the table on the listing page to sort all 138 tracked currencies by inflation, 10-year M2 change, or M69 score. Pegged currencies (USD-pegged dirham, riyal, etc.) inherit the dollar's debasement profile; floating currencies tell their own story.
How often is this data updated?+
We pull fresh exchange rates daily from Frankfurter (ECB-sourced) and refresh the inflation series from the World Bank. The page is statically rendered with 24-hour ISR. Source data is publicly accessible via our /api/v1/currencies endpoints.