Convert Eritrean Nakfa to Romanian Leu
Please provide values below to convert Eritrean Nakfa [ERN] to Romanian Leu [RON], or Convert Romanian Leu to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Romanian Leu
1 ERN = 3.46132545689496 RON
Example: convert 15 ERN to RON:
15 ERN = 15 × 3.46132545689496 RON = 51.9198818534244 RON
Eritrean Nakfa to Romanian Leu Conversion Table
Eritrean Nakfa | Romanian Leu |
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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.
Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, used for all monetary transactions within the country.
History/Origin
The Leu was first introduced in 1867, replaced by the Romanian Leu in 1952 after a currency reform, and has undergone several redenominations, with the current form established in 2005 to stabilize the economy.
Current Use
The RON is actively used as Romania's primary currency for everyday transactions, banking, and international trade, with coins and banknotes issued by the National Bank of Romania.