Convert Barbadian Dollar to Eritrean Nakfa
Please provide values below to convert Barbadian Dollar [BBD] to Eritrean Nakfa [ERN], or Convert Eritrean Nakfa to Barbadian Dollar.
How to Convert Barbadian Dollar to Eritrean Nakfa
1 BBD = 0.133333333333333 ERN
Example: convert 15 BBD to ERN:
15 BBD = 15 × 0.133333333333333 ERN = 2 ERN
Barbadian Dollar to Eritrean Nakfa Conversion Table
| Barbadian Dollar | Eritrean Nakfa |
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Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.
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.