Convert Gambian Dalasi to Eritrean Nakfa
Please provide values below to convert Gambian Dalasi [GMD] to Eritrean Nakfa [ERN], or Convert Eritrean Nakfa to Gambian Dalasi.
How to Convert Gambian Dalasi to Eritrean Nakfa
1 GMD = 4.85206 ERN
Example: convert 15 GMD to ERN:
15 GMD = 15 × 4.85206 ERN = 72.7809 ERN
Gambian Dalasi to Eritrean Nakfa Conversion Table
Gambian Dalasi | Eritrean Nakfa |
---|
Gambian Dalasi
The Gambian Dalasi (GMD) is the official currency of The Gambia, used for all monetary transactions within the country.
History/Origin
The Dalasi was introduced in 1979, replacing the Gambian Pound at a rate of 1 Dalasi = 10 Pounds, to modernize the country's currency system.
Current Use
The Gambian Dalasi is actively used as the primary currency in The Gambia, with coins and banknotes circulating for everyday transactions and trade.
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.