Convert Eritrean Nakfa to Myanma Kyat
Please provide values below to convert Eritrean Nakfa [ERN] to Myanma Kyat [MMK], or Convert Myanma Kyat to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Myanma Kyat
1 ERN = 0.00713660174151162 MMK
Example: convert 15 ERN to MMK:
15 ERN = 15 × 0.00713660174151162 MMK = 0.107049026122674 MMK
Eritrean Nakfa to Myanma Kyat Conversion Table
| Eritrean Nakfa | Myanma Kyat |
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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.
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.