Convert Eritrean Nakfa to Afghan Afghani
Please provide values below to convert Eritrean Nakfa [ERN] to Afghan Afghani [AFN], or Convert Afghan Afghani to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Afghan Afghani
1 ERN = 0.217555890108169 AFN
Example: convert 15 ERN to AFN:
15 ERN = 15 × 0.217555890108169 AFN = 3.26333835162253 AFN
Eritrean Nakfa to Afghan Afghani Conversion Table
| Eritrean Nakfa | Afghan Afghani |
|---|
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.
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.