Convert Eritrean Nakfa to Aruban Florin
Please provide values below to convert Eritrean Nakfa [ERN] to Aruban Florin [AWG], or Convert Aruban Florin to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Aruban Florin
1 ERN = 8.37988826815642 AWG
Example: convert 15 ERN to AWG:
15 ERN = 15 × 8.37988826815642 AWG = 125.698324022346 AWG
Eritrean Nakfa to Aruban Florin Conversion Table
| Eritrean Nakfa | Aruban Florin |
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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.
Aruban Florin
The Aruban Florin (AWG) is the official currency of Aruba, used as a medium of exchange within the country.
History/Origin
The Aruban Florin was introduced in 1986, replacing the Netherlands Antillean Guilder at par, to establish a distinct national currency for Aruba.
Current Use
The AWG is widely used in Aruba for all daily transactions, banking, and trade, and is pegged to the US dollar at a fixed rate.