Convert Eritrean Nakfa to United Arab Emirates Dirham
Please provide values below to convert Eritrean Nakfa [ERN] to United Arab Emirates Dirham [AED], or Convert United Arab Emirates Dirham to Eritrean Nakfa.
How to Convert Eritrean Nakfa to United Arab Emirates Dirham
1 ERN = 4.08441116405718 AED
Example: convert 15 ERN to AED:
15 ERN = 15 × 4.08441116405718 AED = 61.2661674608577 AED
Eritrean Nakfa to United Arab Emirates Dirham Conversion Table
| Eritrean Nakfa | United Arab Emirates Dirham |
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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.
United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.