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5 Nakfa
| Issuer | Bank of Eritrea |
|---|---|
| Year | 1997 |
| Type | Log in to see details |
| Value | 5 Nakfa |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is dominated by a naturalistic vignette of cattle at rest beneath the broad canopy of the historic Ficus sycomorus (sycamore fig) tree at Segheneyti, a tree revered as a national symbol of Eritrea. The composition fills the central field, with the tree's expansive crown occupying the upper portion of the design. Denomination and bank name inscriptions appear in the upper and lower margins. |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
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| Comments |
Eritrea's first national currency was introduced on 8 November 1997, replacing the Ethiopian birr at par — a politically charged rate that Addis Ababa rejected, contributing directly to the monetary dispute that preceded the 1998–2000 Eritrean–Ethiopian War. The nakfa itself was named after the town of Nakfa, a stronghold of the Eritrean People's Liberation Front during the long independence struggle, and the name had been in common use as a symbolic currency long before independence was secured.
Giesecke & Devrient handled the full inaugural series. The watermark is the sole security feature on this denomination — modest by contemporary standards, though sufficient for a country issuing its first sovereign paper within six years of gaining independence.