Convert Eritrean Nakfa to Jamaican Dollar
Please provide values below to convert Eritrean Nakfa [ERN] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Jamaican Dollar
1 ERN = 0.0937046118286455 JMD
Example: convert 15 ERN to JMD:
15 ERN = 15 × 0.0937046118286455 JMD = 1.40556917742968 JMD
Eritrean Nakfa to Jamaican Dollar Conversion Table
| Eritrean Nakfa | Jamaican Dollar |
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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.
Jamaican Dollar
The Jamaican Dollar (JMD) is the official currency of Jamaica, used for all monetary transactions within the country.
History/Origin
The Jamaican Dollar was introduced in 1969, replacing the Jamaican Pound at a rate of 1 dollar = 1.5 pounds. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Jamaican Dollar is widely used in everyday transactions, banking, and commerce across Jamaica, with coins and banknotes issued by the Bank of Jamaica.