Convert Eritrean Nakfa to Bahraini Dinar
Please provide values below to convert Eritrean Nakfa [ERN] to Bahraini Dinar [BHD], or Convert Bahraini Dinar to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Bahraini Dinar
1 ERN = 39.8936170212766 BHD
Example: convert 15 ERN to BHD:
15 ERN = 15 × 39.8936170212766 BHD = 598.404255319149 BHD
Eritrean Nakfa to Bahraini Dinar Conversion Table
| Eritrean Nakfa | Bahraini Dinar |
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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.
Bahraini Dinar
The Bahraini Dinar (BHD) is the official currency of Bahrain, used for all monetary transactions within the country.
History/Origin
The Bahraini Dinar was introduced in 1965, replacing the Gulf rupee at par, and has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
The BHD is widely used in Bahrain for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.