Convert Eritrean Nakfa to Bangladeshi Taka
Please provide values below to convert Eritrean Nakfa [ERN] to Bangladeshi Taka [BDT], or Convert Bangladeshi Taka to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Bangladeshi Taka
1 ERN = 0.123291184187166 BDT
Example: convert 15 ERN to BDT:
15 ERN = 15 × 0.123291184187166 BDT = 1.84936776280749 BDT
Eritrean Nakfa to Bangladeshi Taka Conversion Table
| Eritrean Nakfa | Bangladeshi Taka |
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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.
Bangladeshi Taka
The Bangladeshi Taka (BDT) is the official currency of Bangladesh, used for all monetary transactions within the country.
History/Origin
The Taka was introduced in 1972, replacing the Pakistani Rupee after Bangladesh gained independence. It has undergone various denominations and reforms over the years to stabilize and modernize the currency.
Current Use
The BDT is actively used in everyday transactions, banking, and international trade involving Bangladesh. It is managed by the Bangladesh Bank, the country's central bank.