Convert Cambodian Riel to Eritrean Nakfa
Please provide values below to convert Cambodian Riel [KHR] to Eritrean Nakfa [ERN], or Convert Eritrean Nakfa to Cambodian Riel.
How to Convert Cambodian Riel to Eritrean Nakfa
1 KHR = 267.668886666667 ERN
Example: convert 15 KHR to ERN:
15 KHR = 15 × 267.668886666667 ERN = 4015.0333 ERN
Cambodian Riel to Eritrean Nakfa Conversion Table
| Cambodian Riel | Eritrean Nakfa |
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Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.
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.