Convert Eritrean Nakfa to Guinean Franc
Please provide values below to convert Eritrean Nakfa [ERN] to Guinean Franc [GNF], or Convert Guinean Franc to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Guinean Franc
1 ERN = 0.00172509482328715 GNF
Example: convert 15 ERN to GNF:
15 ERN = 15 × 0.00172509482328715 GNF = 0.0258764223493073 GNF
Eritrean Nakfa to Guinean Franc Conversion Table
| Eritrean Nakfa | Guinean Franc |
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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.
Guinean Franc
The Guinean Franc (GNF) is the official currency of Guinea, used for all monetary transactions within the country.
History/Origin
The Guinean Franc was introduced in 1959, replacing the French CFA franc, following Guinea's independence, and has undergone various redenominations since then.
Current Use
Today, the GNF is used exclusively within Guinea for everyday transactions, banking, and trade, and is issued by the Central Bank of the Republic of Guinea.