Convert Myanma Kyat to Eritrean Nakfa
Please provide values below to convert Myanma Kyat [MMK] to Eritrean Nakfa [ERN], or Convert Eritrean Nakfa to Myanma Kyat.
How to Convert Myanma Kyat to Eritrean Nakfa
1 MMK = 140.122713333333 ERN
Example: convert 15 MMK to ERN:
15 MMK = 15 × 140.122713333333 ERN = 2101.8407 ERN
Myanma Kyat to Eritrean Nakfa Conversion Table
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Myanma Kyat
The Myanma Kyat (MMK) is the official currency of Myanmar, used for all monetary transactions within the country.
History/Origin
The Kyat was introduced in 1952, replacing the Indian Rupee, and has undergone several reforms and redenominations over the years to stabilize Myanmar's economy.
Current Use
Today, the Kyat is the primary currency in Myanmar, used in everyday transactions, banking, and financial markets, with banknotes and coins issued by the Central Bank of Myanmar.
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.