Convert Eritrean Nakfa to Singapore Dollar
Please provide values below to convert Eritrean Nakfa [ERN] to Singapore Dollar [SGD], or Convert Singapore Dollar to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Singapore Dollar
1 ERN = 11.7214972259123 SGD
Example: convert 15 ERN to SGD:
15 ERN = 15 × 11.7214972259123 SGD = 175.822458388685 SGD
Eritrean Nakfa to Singapore Dollar Conversion Table
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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.
Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.