Convert Eritrean Nakfa to Paraguayan Guarani
Please provide values below to convert Eritrean Nakfa [ERN] to Paraguayan Guarani [PYG], or Convert Paraguayan Guarani to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Paraguayan Guarani
1 ERN = 0.00194498793530467 PYG
Example: convert 15 ERN to PYG:
15 ERN = 15 × 0.00194498793530467 PYG = 0.0291748190295701 PYG
Eritrean Nakfa to Paraguayan Guarani Conversion Table
| Eritrean Nakfa | Paraguayan Guarani |
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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.
Paraguayan Guarani
The Paraguayan Guarani (PYG) is the official currency of Paraguay, used for all monetary transactions within the country.
History/Origin
The Guarani was introduced in 1943, replacing the peso at a rate of 1 Guarani = 1 peso, and has undergone various redenominations and reforms since then to stabilize the economy.
Current Use
Today, the Guarani remains the national currency of Paraguay, widely used in everyday commerce, banking, and financial transactions across the country.