Convert Eritrean Nakfa to Namibian Dollar
Please provide values below to convert Eritrean Nakfa [ERN] to Namibian Dollar [NAD], or Convert Namibian Dollar to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Namibian Dollar
1 ERN = 0.853888322792556 NAD
Example: convert 15 ERN to NAD:
15 ERN = 15 × 0.853888322792556 NAD = 12.8083248418883 NAD
Eritrean Nakfa to Namibian Dollar Conversion Table
| Eritrean Nakfa | Namibian Dollar |
|---|
Eritrean Nakfa
The Eritrean Nakfa (ERN) is the official currency of Eritrea, used for all monetary transactions within the country.
History/Origin
The Nakfa was introduced in 1997, replacing the Ethiopian Birr as Eritrea's national currency, to establish economic independence and stabilize the economy after independence in 1993.
Current Use
The ERN is actively used as the primary currency in Eritrea for everyday transactions, banking, and trade, with its value regulated by the country's central bank.
Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.