Convert Nepalese Rupee to Eritrean Nakfa
Please provide values below to convert Nepalese Rupee [NPR] to Eritrean Nakfa [ERN], or Convert Eritrean Nakfa to Nepalese Rupee.
How to Convert Nepalese Rupee to Eritrean Nakfa
1 NPR = 9.21424 ERN
Example: convert 15 NPR to ERN:
15 NPR = 15 × 9.21424 ERN = 138.2136 ERN
Nepalese Rupee to Eritrean Nakfa Conversion Table
| Nepalese Rupee | Eritrean Nakfa |
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Nepalese Rupee
The Nepalese Rupee (NPR) is the official currency of Nepal, issued and regulated by the Nepal Rastra Bank.
History/Origin
The Nepalese Rupee was introduced in 1932, replacing the Indian Rupee, and has since undergone various reforms and decimalization to modernize its currency system.
Current Use
Today, the NPR is widely used across Nepal for all transactions, with banknotes and coins circulating throughout the country and some neighboring regions.
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.