Convert Malagasy Ariary to Eritrean Nakfa (MGA to ERN)
Live mid-market exchange rates, interbank trends, and local currency insights.
Historical Trends
0.0034 ERNConvert MGA to ERN
| MGA | ERN |
|---|---|
| 1 MGA | 0.003397 ERN |
| 5 MGA | 0.016987 ERN |
| 10 MGA | 0.033974 ERN |
| 25 MGA | 0.084934 ERN |
| 50 MGA | 0.169869 ERN |
| 100 MGA | 0.339738 ERN |
| 250 MGA | 0.849344 ERN |
| 500 MGA | 1.70 ERN |
| 1,000 MGA | 3.40 ERN |
Convert ERN to MGA
| ERN | MGA |
|---|---|
| 1 ERN | 294.34 MGA |
| 5 ERN | 1,471.72 MGA |
| 10 ERN | 2,943.45 MGA |
| 25 ERN | 7,358.62 MGA |
| 50 ERN | 14,717.24 MGA |
| 100 ERN | 29,434.48 MGA |
| 250 ERN | 73,586.20 MGA |
| 500 ERN | 147,172.41 MGA |
| 1,000 ERN | 294,344.81 MGA |
Eritrean Foreign Exchange & Himbol Guide
Foreign exchange regulations in Eritrea are strictly overseen by the Bank of Eritrea. Currency conversions may only be performed at licensed Himbol foreign exchange bureaus and branches of the Commercial Bank of Eritrea.
Customs Declarations & Form 677
Upon arrival at Asmara Airport or land border crossings, visitors must declare foreign funds on Form 677. All subsequent conversions at Himbol counters are officially stamped, ensuring clean departure compliance.
Frequently Asked Questions
What is the official exchange rate between Malagasy Ariary and Eritrean Nakfa؟
The current mid-market exchange rate is 1 MGA = 0.0034 ERN (1 ERN = 294.3448 MGA) as of October 6, 2026.
Where can I exchange MGA legally in Eritrea?
Foreign exchange transactions in Eritrea must be conducted exclusively through authorized Himbol Exchange branches and state commercial banks (Commercial Bank of Eritrea).
What are the customs declaration rules in Eritrea?
All foreign currency brought into Eritrea must be declared upon arrival via customs Form 677. Retain all exchange receipts as unspent foreign currency cannot be converted back without documentation.