Convert Eritrean Nakfa to Sierra Leonean Leone
Please provide values below to convert Eritrean Nakfa [ERN] to Sierra Leonean Leone [SLL], or Convert Sierra Leonean Leone to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Sierra Leonean Leone
1 ERN = 0.000664095230901927 SLL
Example: convert 15 ERN to SLL:
15 ERN = 15 × 0.000664095230901927 SLL = 0.00996142846352891 SLL
Eritrean Nakfa to Sierra Leonean Leone Conversion Table
| Eritrean Nakfa | Sierra Leonean Leone |
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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.
Sierra Leonean Leone
The Sierra Leonean Leone (SLL) is the official currency of Sierra Leone, used for everyday transactions within the country.
History/Origin
Introduced in 1964, replacing the British West African pound, the Leone has undergone several redenominations and inflation adjustments over the years to stabilize the economy.
Current Use
The Leone is actively used in Sierra Leone for all monetary transactions, with coins and banknotes issued by the Bank of Sierra Leone, and it is also used in currency exchange and financial markets.