Convert Eritrean Nakfa to Bahamian Dollar
Please provide values below to convert Eritrean Nakfa [ERN] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Bahamian Dollar
1 ERN = 15 BSD
Example: convert 15 ERN to BSD:
15 ERN = 15 × 15 BSD = 225 BSD
Eritrean Nakfa to Bahamian Dollar Conversion Table
| Eritrean Nakfa | Bahamian Dollar |
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.