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Nakfa killing the birr.
Posted: 09 Jan 2026, 10:41
by Zmeselo
1,000.00 Eritrean 
Nakfa, Conversion to Ethiopian 
10,357.16 Birr.
Let that sink in! 
__________
Amb. Sophia Tesfamariam welcomed H.E. Ricklef Beutin, Permanent Representative of Germany at UN to @Eritrea_UN. The discussions focused on strengthening bilateral relations, regional developments, cooperation within the multilateral system, and the Eritrean Diaspora in Germany, among other issues.
Against a backdrop of rapidly changing global dynamics, the exchange underscored the shared responsibility of all Member States to contribute to a more responsive, effective, and relevant UN.
Re: Nakfa killing the birr.
Posted: 09 Jan 2026, 10:56
by Zmeselo
Eritrea Launches Landmark Digital Customs System, Modernizing Trade
In a landmark move toward accelerating economic modernization and trade facilitation, the State of Eritrea has inaugurated a new, sophisticated digital customs management system. This strategic initiative, developed with support from the United Nations Development Programme (UNDP) and international partners, successfully replaced a legacy software system operational since 2007 with a fully modern and adaptable digital platform.
Re: Nakfa killing the birr.
Posted: 09 Jan 2026, 14:19
by fasil1235
It means nothing
Birr was devalued since 2008 by Meles Zenawi to promote international investments into Ethiopia this led Ethiopia to experience 10% Economic growth Annually
Today Ethiopias GDP is $160B while Eritreas GDP is only $2B
Ethiopias GDP will continue to grow and is not based on the BIRR international value. The BIRR can remain good between $100-$300 per 1$ USD.
Ethiopia Airlines alone generates $7B annually which is triple the size of Eritrea Economy!
Re: Nakfa killing the birr.
Posted: 09 Jan 2026, 15:00
by sesame
The current drastic devaluation was ordered by IMF and not an independent decision of the dying PP regime. What was $1-57birr is now $1-157 birr.
BTW, if PP wants coninued IMF financing, it has to sell Ethiopian Airlines, So, what will Abiy do, sell or ? 
fasil1235 wrote: ↑09 Jan 2026, 14:19
It means nothing
Birr was devalued since 2008 by Meles Zenawi to promote international investments into Ethiopia this led Ethiopia to experience 10% Economic growth Annually
Today Ethiopias GDP is $160B while Eritreas GDP is only $2B
Ethiopias GDP will continue to grow and is not based on the BIRR international value. The BIRR can remain good between $100-$300 per 1$ USD.
Ethiopia Airlines alone generates $7B annually which is triple the size of Eritrea Economy!
Nakfa, Conversion to Ethiopian 
10,357.16 Birr.
