Convert Eritrean Nakfa to Ghanaian Cedi
Please provide values below to convert Eritrean Nakfa [ERN] to Ghanaian Cedi [GHS], or Convert Ghanaian Cedi to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Ghanaian Cedi
1 ERN = 1.3789553034621 GHS
Example: convert 15 ERN to GHS:
15 ERN = 15 × 1.3789553034621 GHS = 20.6843295519315 GHS
Eritrean Nakfa to Ghanaian Cedi Conversion Table
| Eritrean Nakfa | Ghanaian Cedi |
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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.
Ghanaian Cedi
The Ghanaian Cedi (GHS) is the official currency of Ghana, used for all monetary transactions within the country.
History/Origin
The Cedi was introduced in 1965, replacing the Ghanaian Pound. It has undergone several redenominations, with the current decimalized form adopted in 2007 to facilitate easier transactions.
Current Use
Today, the GHS is widely used across Ghana for everyday purchases, banking, and financial transactions, and is actively traded in foreign exchange markets.