Money and duty free for Eritrea

Currency and Money

Currency information

Nakfa (ERN) = 100 cents. Notes are in denominations of ERN100, 50, 10, 5 and 1. Coins are in denominations of ERN100, 50, 25, 10, 5 and 1.

The nakfa was introduced in 1998 to replace the Ethiopian birr, which signified a symbolic end to colonial rule and, as some say, contributed to tensions with their neighbour that precipitated the last war.

Credit cards

Credit cards are not accepted in Eritrea; payment is by cash only.

ATM

There are no ATMs in Eritrea.

Travellers cheques

Travellers cheques are not accepted anywhere. Payment should be in cash only.

Banking hours

Mon-Fri 0800-1200 and 1400-1700, Sat 0800-1200.

Currency restrictions

Eritrea duty free

Overview

The following goods may be imported into Eritrea without incurring customs duty:

• 400 cigarettes or 50 cigars or 250g of tobacco.
• 2L of alcoholic beverages.
• 500ml of perfume.
• 100g of jewellery.
• 1 camera and 1 item of electronic equipment for personal use.

Banned Imports

The usual import restrictions apply on organic products and firearms.

Banned Exports

The export of antiques, such as religious parchments and artefacts, is prohibited.