One of the mysteries of the English language finally explained.
The basic monetary unit of Eritrea, equal to 100 cents.
- ‘I was able to pay 9000 nakfas straight away, so I didn't have to take on any loans and pay high interest.’
- ‘Since the economy collapsed, the rent and everything have become so expensive, so I need 700 nakfas or 800 nakfas every month.’
- ‘A litre of petrol went up by 40% to 20 nakfas diesel went up 25% to 10 nakfas a litre.’
- ‘A phone to my wife for 2 minutes and 40 seconds costed 109 nakfas.’
1990s: from Nak'fa, the name of the town where the country's armed struggle against the Ethiopian regime was launched.
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