Convert Romanian Leu to Eritrean Nakfa
Please provide values below to convert Romanian Leu [RON] to Eritrean Nakfa [ERN], or Convert Eritrean Nakfa to Romanian Leu.
How to Convert Romanian Leu to Eritrean Nakfa
1 RON = 0.288906666666667 ERN
Example: convert 15 RON to ERN:
15 RON = 15 × 0.288906666666667 ERN = 4.3336 ERN
Romanian Leu to Eritrean Nakfa Conversion Table
| Romanian Leu | Eritrean Nakfa |
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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.
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.