Convert Eritrean Nakfa to Guyanaese Dollar
Please provide values below to convert Eritrean Nakfa [ERN] to Guyanaese Dollar [GYD], or Convert Guyanaese Dollar to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Guyanaese Dollar
1 ERN = 0.0716705105950516 GYD
Example: convert 15 ERN to GYD:
15 ERN = 15 × 0.0716705105950516 GYD = 1.07505765892577 GYD
Eritrean Nakfa to Guyanaese Dollar Conversion Table
| Eritrean Nakfa | Guyanaese Dollar |
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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.
Guyanaese Dollar
The Guyanese Dollar (GYD) is the official currency of Guyana, used for all monetary transactions within the country.
History/Origin
The Guyanese Dollar was introduced in 1957, replacing the British West Indian dollar, and has undergone various redenominations and economic reforms since then.
Current Use
The GYD is widely used in Guyana for everyday transactions, banking, and trade, and is also accepted in some neighboring regions.