Convert Eritrean Nakfa to Omani Rial
Please provide values below to convert Eritrean Nakfa [ERN] to Omani Rial [OMR], or Convert Omani Rial to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Omani Rial
1 ERN = 39.0117035110533 OMR
Example: convert 15 ERN to OMR:
15 ERN = 15 × 39.0117035110533 OMR = 585.1755526658 OMR
Eritrean Nakfa to Omani Rial Conversion Table
| Eritrean Nakfa | Omani Rial |
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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.
Omani Rial
The Omani Rial (OMR) is the official currency of Oman, used for all monetary transactions within the country.
History/Origin
The Omani Rial was introduced in 1970, replacing the Gulf rupee at par, and has since been the standard currency of Oman, with its value stabilized through pegging to the US dollar.
Current Use
The Omani Rial is widely used in Oman for everyday transactions, banking, and trade, and is subdivided into 1000 baisa.