Convert Eritrean Nakfa to Mauritanian Ouguiya
Please provide values below to convert Eritrean Nakfa [ERN] to Mauritanian Ouguiya [MRU], or Convert Mauritanian Ouguiya to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Mauritanian Ouguiya
1 ERN = 0.375363163861036 MRU
Example: convert 15 ERN to MRU:
15 ERN = 15 × 0.375363163861036 MRU = 5.63044745791553 MRU
Eritrean Nakfa to Mauritanian Ouguiya Conversion Table
| Eritrean Nakfa | Mauritanian Ouguiya |
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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.
Mauritanian Ouguiya
The Mauritanian Ouguiya (MRU) is the official currency of Mauritania, used for all monetary transactions within the country.
History/Origin
The Ouguiya was introduced in 1973, replacing the CFA franc at par, and has undergone various redenominations and updates since its inception to modernize the currency system.
Current Use
Today, the MRU is actively used in Mauritania for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of West African States (BCEAO).