Convert Eritrean Nakfa to Kenyan Shilling
Please provide values below to convert Eritrean Nakfa [ERN] to Kenyan Shilling [KES], or Convert Kenyan Shilling to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Kenyan Shilling
1 ERN = 0.116133767518779 KES
Example: convert 15 ERN to KES:
15 ERN = 15 × 0.116133767518779 KES = 1.74200651278168 KES
Eritrean Nakfa to Kenyan Shilling Conversion Table
Eritrean Nakfa | Kenyan Shilling |
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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.
Kenyan Shilling
The Kenyan Shilling (KES) is the official currency of Kenya, used as the country's legal tender for all transactions.
History/Origin
Introduced in 1966, replacing the East African shilling, the Kenyan Shilling has undergone various denominations and reforms to stabilize and modernize Kenya's currency system.
Current Use
The KES is widely used in Kenya for everyday transactions, banking, and trade, and is also accepted in some neighboring regions for cross-border commerce.