Convert Eritrean Nakfa to Cambodian Riel
Please provide values below to convert Eritrean Nakfa [ERN] to Cambodian Riel [KHR], or Convert Cambodian Riel to Eritrean Nakfa.
How to Convert Eritrean Nakfa to Cambodian Riel
1 ERN = 0.00373595905169703 KHR
Example: convert 15 ERN to KHR:
15 ERN = 15 × 0.00373595905169703 KHR = 0.0560393857754555 KHR
Eritrean Nakfa to Cambodian Riel Conversion Table
| Eritrean Nakfa | Cambodian Riel |
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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.
Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.