nakfaEnglishOxford New American Dictionarynakfa /ˈnäkfə, ˈnɑkfə / ▸ noun (plural same or nakfas) the basic monetary unit of Eritrea, equal to 100 cents. – ORIGIN 1990s : from Nak'fa, the name of the town where the country's armed struggle against the Ethiopian regime was launched.