Convert Belize Dollar to Eritrean Nakfa
Please provide values below to convert Belize Dollar [BZD] to Eritrean Nakfa [ERN], or Convert Eritrean Nakfa to Belize Dollar.
How to Convert Belize Dollar to Eritrean Nakfa
1 BZD = 0.133333333333333 ERN
Example: convert 15 BZD to ERN:
15 BZD = 15 × 0.133333333333333 ERN = 2 ERN
Belize Dollar to Eritrean Nakfa Conversion Table
| Belize Dollar | Eritrean Nakfa |
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Belize Dollar
The Belize Dollar (BZD) is the official currency of Belize, used for all monetary transactions within the country.
History/Origin
The Belize Dollar was introduced in 1973, replacing the Belizean dollar at par with the British dollar, and has since been the country's standard currency, maintaining stability through pegging to the US dollar.
Current Use
The Belize Dollar is widely used in Belize for everyday transactions, banking, and trade, and is pegged to the US dollar at a rate of 2 BZD to 1 USD.
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.