Convert Eritrean Nakfa to Sri Lankan Rupee
Please provide values below to convert Eritrean Nakfa [ERN] to Sri Lankan Rupee [LKR], or Convert Sri Lankan Rupee to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Sri Lankan Rupee
1 ERN = 0.049745007093638 LKR
Example: convert 15 ERN to LKR:
15 ERN = 15 × 0.049745007093638 LKR = 0.74617510640457 LKR
Eritrean Nakfa to Sri Lankan Rupee Conversion Table
| Eritrean Nakfa | Sri Lankan Rupee |
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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.
Sri Lankan Rupee
The Sri Lankan Rupee (LKR) is the official currency of Sri Lanka, used for all monetary transactions within the country.
History/Origin
The Sri Lankan Rupee was introduced in 1872 during British colonial rule, replacing the Indian Rupee. It has undergone various changes and decimalization over the years, with the current form established in 1978.
Current Use
Today, the LKR is the legal tender in Sri Lanka, used in everyday transactions, banking, and trade. It is managed by the Central Bank of Sri Lanka and is actively traded in foreign exchange markets.