Convert Guyanaese Dollar to Eritrean Nakfa
Please provide values below to convert Guyanaese Dollar [GYD] to Eritrean Nakfa [ERN], or Convert Eritrean Nakfa to Guyanaese Dollar.
How to Convert Guyanaese Dollar to Eritrean Nakfa
1 GYD = 13.95274 ERN
Example: convert 15 GYD to ERN:
15 GYD = 15 × 13.95274 ERN = 209.2911 ERN
Guyanaese Dollar to Eritrean Nakfa Conversion Table
| Guyanaese Dollar | Eritrean Nakfa |
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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.
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.