Convert Brunei Dollar to Eritrean Nakfa
Please provide values below to convert Brunei Dollar [BND] to Eritrean Nakfa [ERN], or Convert Eritrean Nakfa to Brunei Dollar.
How to Convert Brunei Dollar to Eritrean Nakfa
1 BND = 0.0853066666666667 ERN
Example: convert 15 BND to ERN:
15 BND = 15 × 0.0853066666666667 ERN = 1.2796 ERN
Brunei Dollar to Eritrean Nakfa Conversion Table
| Brunei Dollar | Eritrean Nakfa |
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Brunei Dollar
The Brunei Dollar (BND) is the official currency of Brunei, used for all monetary transactions within the country.
History/Origin
Introduced in 1967, the Brunei Dollar replaced the Malayan dollar and has been pegged to the Singapore Dollar since 1967, maintaining a fixed exchange rate.
Current Use
The Brunei Dollar is widely used in Brunei for everyday transactions, banking, and trade, and is also accepted in some neighboring regions due to its peg to the Singapore 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.