Convert Eritrean Nakfa to Barbadian Dollar
Please provide values below to convert Eritrean Nakfa [ERN] to Barbadian Dollar [BBD], or Convert Barbadian Dollar to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Barbadian Dollar
1 ERN = 7.5 BBD
Example: convert 15 ERN to BBD:
15 ERN = 15 × 7.5 BBD = 112.5 BBD
Eritrean Nakfa to Barbadian Dollar Conversion Table
| Eritrean Nakfa | Barbadian 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.
Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.