Convert Afghan Afghani to Eritrean Nakfa
Please provide values below to convert Afghan Afghani [AFN] to Eritrean Nakfa [ERN], or Convert Eritrean Nakfa to Afghan Afghani.
How to Convert Afghan Afghani to Eritrean Nakfa
1 AFN = 4.59652 ERN
Example: convert 15 AFN to ERN:
15 AFN = 15 × 4.59652 ERN = 68.9478 ERN
Afghan Afghani to Eritrean Nakfa Conversion Table
| Afghan Afghani | Eritrean Nakfa |
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Afghan Afghani
The Afghan Afghani (AFN) is the official currency of Afghanistan, used for all monetary transactions within the country.
History/Origin
The Afghani was introduced in 1925, replacing the Afghan rupee, and has undergone several reforms and redenominations over the years, especially during periods of economic instability and conflict.
Current Use
Today, the Afghani remains the official currency of Afghanistan, widely used in everyday transactions, with coins and banknotes issued by the central bank, the Da Afghanistan Bank.
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.