Convert Eritrean Nakfa to Sudanese Pound
Please provide values below to convert Eritrean Nakfa [ERN] to Sudanese Pound [SDG], or Convert Sudanese Pound to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Sudanese Pound
1 ERN = 0.0334076542281061 SDG
Example: convert 15 ERN to SDG:
15 ERN = 15 × 0.0334076542281061 SDG = 0.501114813421592 SDG
Eritrean Nakfa to Sudanese Pound Conversion Table
Eritrean Nakfa | Sudanese Pound |
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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.
Sudanese Pound
The Sudanese Pound (SDG) is the official currency of Sudan, used for everyday transactions and financial exchanges within the country.
History/Origin
The Sudanese Pound was introduced in 1956, replacing the Sudanese Piastre. It has undergone several redenominations and reforms, notably in 2007 when the currency was revalued following economic challenges and the country's separation from South Sudan.
Current Use
Today, the Sudanese Pound is the legal tender in Sudan, used in banking, commerce, and daily transactions. It exists in both banknotes and coins, with ongoing efforts to stabilize and modernize the currency system.