Convert Eritrean Nakfa to Seychellois Rupee
Please provide values below to convert Eritrean Nakfa [ERN] to Seychellois Rupee [SCR], or Convert Seychellois Rupee to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Seychellois Rupee
1 ERN = 1.0334849111203 SCR
Example: convert 15 ERN to SCR:
15 ERN = 15 × 1.0334849111203 SCR = 15.5022736668045 SCR
Eritrean Nakfa to Seychellois Rupee Conversion Table
Eritrean Nakfa | Seychellois Rupee |
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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.
Seychellois Rupee
The Seychellois Rupee (SCR) is the official currency of Seychelles, used for all monetary transactions within the country.
History/Origin
The Seychellois Rupee was introduced in 1914, replacing the Indian Rupee, and has undergone various reforms to modernize and stabilize the currency, including decimalization in 1983.
Current Use
The SCR is widely used in Seychelles for everyday transactions, banking, and trade, and is managed by the Central Bank of Seychelles.