1. The basic monetary unit of Eritrea, subdivided into 100 cents.
Usage: Also spelled 'nakfa'; Currency code: ERN; Named after the town of Nakfa in Eritrea

Examples

• The price of the item is 500 nakfas.
• Exchange rates between the nakfas and the dollar fluctuate daily.
• She exchanged her dollars for nakfas before traveling to Eritrea.
• The nakfas became Eritrea's official currency in 1997.
• Many shops in Asmara accept both nakfas and foreign currency.