Convert Ghanaian Cedi to Eritrean Nakfa
Please provide values below to convert Ghanaian Cedi [GHS] to Eritrean Nakfa [ERN], or Convert Eritrean Nakfa to Ghanaian Cedi.
How to Convert Ghanaian Cedi to Eritrean Nakfa
1 GHS = 0.725186666666667 ERN
Example: convert 15 GHS to ERN:
15 GHS = 15 × 0.725186666666667 ERN = 10.8778 ERN
Ghanaian Cedi to Eritrean Nakfa Conversion Table
| Ghanaian Cedi | Eritrean Nakfa |
|---|
Ghanaian Cedi
The Ghanaian Cedi (GHS) is the official currency of Ghana, used for all monetary transactions within the country.
History/Origin
The Cedi was introduced in 1965, replacing the Ghanaian Pound. It has undergone several redenominations, with the current decimalized form adopted in 2007 to facilitate easier transactions.
Current Use
Today, the GHS is widely used across Ghana for everyday purchases, banking, and financial transactions, and is actively traded in foreign exchange markets.
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.