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The Eritrean Nakfa (ERN) is the official currency of Eritrea, introduced in 1997 to replace the Ethiopian Birr. Named after the town of Nakfa, the currency serves as a medium of exchange within the country and is essential for facilitating trade and economic activity in Eritrea.
The Bermudian Dollar (BMD) is the official currency of Bermuda, pegged to the US dollar at a one-to-one exchange rate. It is used primarily for all transactions within the territory and is accepted in various forms, including coins and banknotes.