Convert Costa Rican Colón to Eritrean Nakfa
Please provide values below to convert Costa Rican Colón [CRC] to Eritrean Nakfa [ERN], or Convert Eritrean Nakfa to Costa Rican Colón.
How to Convert Costa Rican Colón to Eritrean Nakfa
1 CRC = 33.6213333333333 ERN
Example: convert 15 CRC to ERN:
15 CRC = 15 × 33.6213333333333 ERN = 504.32 ERN
Costa Rican Colón to Eritrean Nakfa Conversion Table
Costa Rican Colón | Eritrean Nakfa |
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Costa Rican Colón
The Costa Rican Colón (CRC) is the official currency of Costa Rica, used for everyday transactions within the country.
History/Origin
Introduced in 1896, the Colón replaced the Costa Rican peso and was named after Christopher Columbus (Cristóbal Colón). It has undergone various devaluations and redesigns over the years to stabilize the economy.
Current Use
The CRC remains the official currency of Costa Rica, widely used in all economic activities, with banknotes and coins circulating throughout the country. It is also used in currency conversions and financial transactions domestically.
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.