Eritrean Nakfa to Canadian Dollar — exchange rate

Country of Circulation: Eritrea

Currency Code, Symbol: ERN, Nkf

Denominations of coins in circulation: 1, 5, 10, 25, 50 cents, 1 nakfa

Denominations of banknotes in circulation: 1, 5, 10, 20, 50, 100 nakfa

History: The Eritrean nakfa (Nfk) is the national currency of Eritrea, a country located in the eastern part of Africa. It has a set international abbreviation – ERN. The Eritrean nakfa can be exchanged with cents.One ERN has 100 cents. The currency was introduced in 1997. The birr, Ethiopian currency, was used in the country before that. The Eritrean nakfa has portraits of local peoples, conveying uniqueness of this African country, depicted on it. The back side of the notes are decorated with landscapes and local sightseeing places.Read More

Country of Circulation: Canada

Currency Code, Symbol: CAD, $

Denominations of coins in circulation: 5¢, 10¢, 25¢, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The Canadian dollar (symbol: CA$, code: CAD, number 124) is used for financial operations within Canada. The abbreviation of the currency used on the exchange market and in exchange offices is CAD. One Canadian dollar correlates to 100 cents.The currency was introduced in 1858. The government had used the Spanish real previously. Some types and denominations of the $ currency are not issued anymore. However, Canada officially accepts all types of currency units that have been issued since 1935. It should be mentioned that CAD is included in the list of the most traded world currencies, namely in the top ten.Read More