Convert Eritrean Nakfa to Kyrgystani Som
Please provide values below to convert Eritrean Nakfa [ERN] to Kyrgystani Som [KGS], or Convert Kyrgystani Som to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Kyrgystani Som
1 ERN = 0.171826816896762 KGS
Example: convert 15 ERN to KGS:
15 ERN = 15 × 0.171826816896762 KGS = 2.57740225345143 KGS
Eritrean Nakfa to Kyrgystani Som Conversion Table
Eritrean Nakfa | Kyrgystani Som |
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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.
Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.