Convert Eritrean Nakfa to Malawian Kwacha
Please provide values below to convert Eritrean Nakfa [ERN] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Malawian Kwacha
1 ERN = 0.0086034071901427 MWK
Example: convert 15 ERN to MWK:
15 ERN = 15 × 0.0086034071901427 MWK = 0.12905110785214 MWK
Eritrean Nakfa to Malawian Kwacha Conversion Table
| Eritrean Nakfa | Malawian Kwacha |
|---|
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.
Malawian Kwacha
The Malawian Kwacha (MWK) is the official currency of Malawi, used for all monetary transactions within the country.
History/Origin
The Malawian Kwacha was introduced in 1971, replacing the Malawian Pound, as part of Malawi's monetary reform to establish a national currency.
Current Use
Today, the MWK is actively used in Malawi for everyday transactions, banking, and trade, with coins and banknotes issued by the Reserve Bank of Malawi.