Gold, silver and exchange rates in Eritrea

Eritrean Nakfa · ERN
Last updated 23:09 UTC

Metal prices in Eritrea today

Gold price by karat in Eritrea

Each row is the pure-gold (24K) price scaled by that karat's gold content — 22K is 91.67% gold, 21K is 87.5%, 18K is 75%. A jeweller's counter price adds making charges on top, which is why a bracelet costs more per gram than the figures here.

Gold price by purity in Eritrea, in ERN
Purityper gramper ounce
24K999ERN 1,978ERN 61,538
22K916ERN 1,814ERN 56,409
21K875ERN 1,731ERN 53,845
18K750ERN 1,484ERN 46,153

Exchange rates in Eritrea

Mid-market reference rates — the midpoint between buy and sell, before any bank or exchange-house spread. What a counter quotes will differ from these.

Exchange rates in Eritrea — what one unit of each currency buys in ERN
Currency1 unit in ERN
USD to ERNUS Dollar15.00
EUR to ERNEuro16.7898
GBP to ERNBritish Pound19.8754
CHF to ERNSwiss Franc18.0115
JPY to ERNJapanese Yen0.094752
ZAR to ERNSouth African Rand0.909742
NGN to ERNNigerian Naira0.011267
KES to ERNKenyan Shilling0.115714
GHS to ERNGhanaian Cedi1.2779

Prices and rates for Eritrea are quoted in Eritrean Nakfa (ERN). Metal prices are the international spot price converted at the live ERN rate — the wholesale benchmark a local jeweller's retail price is built on, before making charges, dealer margin and any local tax.