Convert Sudanese Pound to Eritrean Nakfa
Please provide values below to convert Sudanese Pound [SDG] to Eritrean Nakfa [ERN], or Convert Eritrean Nakfa to Sudanese Pound.
How to Convert Sudanese Pound to Eritrean Nakfa
1 SDG = 29.93326 ERN
Example: convert 15 SDG to ERN:
15 SDG = 15 × 29.93326 ERN = 448.9989 ERN
Sudanese Pound to Eritrean Nakfa Conversion Table
Sudanese Pound | Eritrean Nakfa |
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Sudanese Pound
The Sudanese Pound (SDG) is the official currency of Sudan, used for everyday transactions and financial exchanges within the country.
History/Origin
The Sudanese Pound was introduced in 1956, replacing the Sudanese Piastre. It has undergone several redenominations and reforms, notably in 2007 when the currency was revalued following economic challenges and the country's separation from South Sudan.
Current Use
Today, the Sudanese Pound is the legal tender in Sudan, used in banking, commerce, and daily transactions. It exists in both banknotes and coins, with ongoing efforts to stabilize and modernize the currency system.
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.