Convert Eritrean Nakfa to Danish Krone
Please provide values below to convert Eritrean Nakfa [ERN] to Danish Krone [DKK], or Convert Danish Krone to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Danish Krone
1 ERN = 2.35893564823552 DKK
Example: convert 15 ERN to DKK:
15 ERN = 15 × 2.35893564823552 DKK = 35.3840347235327 DKK
Eritrean Nakfa to Danish Krone Conversion Table
| Eritrean Nakfa | Danish Krone |
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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.
Danish Krone
The Danish Krone (DKK) is the official currency of Denmark, used for everyday transactions and issued by the Danmarks Nationalbank.
History/Origin
The Danish Krone was introduced in 1875, replacing the rigsdaler, and has undergone various reforms, including pegging to the euro and adopting a floating exchange rate since 1999.
Current Use
The DKK is widely used in Denmark for all financial transactions, including banking, commerce, and international trade, and is also accepted in the Faroe Islands and Greenland.