Convert Liberian Dollar to Eritrean Nakfa
Please provide values below to convert Liberian Dollar [LRD] to Eritrean Nakfa [ERN], or Convert Eritrean Nakfa to Liberian Dollar.
How to Convert Liberian Dollar to Eritrean Nakfa
1 LRD = 13.3655866666667 ERN
Example: convert 15 LRD to ERN:
15 LRD = 15 × 13.3655866666667 ERN = 200.4838 ERN
Liberian Dollar to Eritrean Nakfa Conversion Table
| Liberian Dollar | Eritrean Nakfa |
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Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.
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.