Convert Eritrean Nakfa to Swazi Lilangeni
Please provide values below to convert Eritrean Nakfa [ERN] to Swazi Lilangeni [SZL], or Convert Swazi Lilangeni to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Swazi Lilangeni
1 ERN = 0.853888322792556 SZL
Example: convert 15 ERN to SZL:
15 ERN = 15 × 0.853888322792556 SZL = 12.8083248418883 SZL
Eritrean Nakfa to Swazi Lilangeni Conversion Table
| Eritrean Nakfa | Swazi Lilangeni |
|---|
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.
Swazi Lilangeni
The Swazi Lilangeni (SZL) is the official currency of Eswatini, subdivided into 100 cents.
History/Origin
The Lilangeni was introduced in 1974, replacing the Swazi pound, to modernize the currency system and align with regional monetary standards.
Current Use
The SZL is actively used for all financial transactions within Eswatini and is pegged to the South African Rand at par, facilitating regional trade and stability.