Convert Serbian Dinar to Eritrean Nakfa
Please provide values below to convert Serbian Dinar [RSD] to Eritrean Nakfa [ERN], or Convert Eritrean Nakfa to Serbian Dinar.
How to Convert Serbian Dinar to Eritrean Nakfa
1 RSD = 6.66446 ERN
Example: convert 15 RSD to ERN:
15 RSD = 15 × 6.66446 ERN = 99.9669 ERN
Serbian Dinar to Eritrean Nakfa Conversion Table
| Serbian Dinar | Eritrean Nakfa |
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Serbian Dinar
The Serbian Dinar (RSD) is the official currency of Serbia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Serbian Dinar has been the official currency of Serbia since 2006, following the monetary reform that replaced the Yugoslav Dinar. It has undergone several changes and revaluations throughout its history, reflecting economic shifts and reforms.
Current Use
The Serbian Dinar is actively used as Serbia's legal tender for all financial transactions, including cash payments, banking, and electronic transfers within the country.
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.