Convert Eritrean Nakfa to Papua New Guinean Kina
Please provide values below to convert Eritrean Nakfa [ERN] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Papua New Guinean Kina
1 ERN = 3.57193884840692 PGK
Example: convert 15 ERN to PGK:
15 ERN = 15 × 3.57193884840692 PGK = 53.5790827261037 PGK
Eritrean Nakfa to Papua New Guinean Kina Conversion Table
| Eritrean Nakfa | Papua New Guinean Kina |
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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.
Papua New Guinean Kina
The Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea, used for all monetary transactions within the country.
History/Origin
Introduced in 1975, replacing the Australian dollar, the Kina was established to establish a national currency and promote economic independence for Papua New Guinea.
Current Use
The Kina is actively used in everyday transactions, banking, and trade within Papua New Guinea, with coins and banknotes issued by the country's central bank, the Bank of Papua New Guinea.