Historic Belize dollar Eritrean nakfa

Belize dollar eritrean nakfa history for November 2023. The highest quote for this month is 7.6569 (14/11/2023) and the lowest 7.7521 (15/11/2023). The difference between high and low is -1.24.

BZD ERN average rate for November 2023 is 7.63432, the change between 01/11/2023 and 30/11/2023 is +0.06 %.

01 November 20231 BZD = 7.65 ERN
06 November 20231 BZD = 7.71 ERN
07 November 20231 BZD = 7.65 ERN
08 November 20231 BZD = 7.65 ERN
09 November 20231 BZD = 7.65 ERN
10 November 20231 BZD = 7.64 ERN
12 November 20231 BZD = 7.53 ERN
13 November 20231 BZD = 7.68 ERN
14 November 20231 BZD = 7.64 ERN
15 November 20231 BZD = 7.65 ERN
16 November 20231 BZD = 7.65 ERN
17 November 20231 BZD = 7.65 ERN
18 November 20231 BZD = 7.54 ERN
19 November 20231 BZD = 7.54 ERN
20 November 20231 BZD = 7.69 ERN
21 November 20231 BZD = 7.65 ERN
22 November 20231 BZD = 7.64 ERN
23 November 20231 BZD = 7.64 ERN
24 November 20231 BZD = 7.65 ERN
26 November 20231 BZD = 7.53 ERN
27 November 20231 BZD = 7.67 ERN
28 November 20231 BZD = 7.64 ERN
29 November 20231 BZD = 7.64 ERN
30 November 20231 BZD = 7.64 ERN

08/04/2020: COVID-19 impact on currency circulation

Due to the COVID-19 pandemic, circulation of nakfa banknotes decreased as people relied more on digital transactions.

25/02/2019: Introduction of new nakfa banknotes

Eritrea introduced new banknotes in denominations of 5, 10, 20, 50, and 100 nakfa.

30/10/2018: Currency devaluation

Eritrea devalued the nakfa by 14%, reducing its official exchange rate to 1 USD = 15 ERN.

01/05/2017: Introduction of a two-dollar coin

Belize introduced a new denomination in the form of a two-dollar coin, reducing the dependency on smaller denomination banknotes.

22/01/2015: Dollarization policy imposed

Eritrea imposed a dollarization policy, making the US dollar the predominant currency for most transactions.

26/09/2011: Launching of new designs

The Central Bank of Belize introduced a new series of banknotes with updated designs, depicting prominent national landmarks and personalities.

14/11/2005: Currency redenomination

The Eritrean nakfa underwent a redenomination where old nakfa notes were replaced with new nakfa notes in a ratio of 1:1,000.

24/06/2001: Introduction of polymer banknotes

Belize became one of the first countries in the region to introduce polymer banknotes, enhancing durability and security.

08/11/1997: Introduction of the Eritrean nakfa

The Eritrean nakfa was introduced as the official currency of Eritrea, replacing the Ethiopian birr.

08/11/1997: Currency exchange rate fixed

The Eritrean nakfa was fixed at an exchange rate of 1 USD = 10 ERN.

01/04/1990: Establishment of the Central Bank of Belize

The Central Bank of Belize was established to oversee monetary policies and ensure financial stability in the country.

01/12/1982: Conversion to decimal currency

Belize adopted a decimal currency system with the introduction of a new series of banknotes and coins.

01/07/1978: Independence of Belize

Belize gained independence from the United Kingdom, solidifying the Belize dollar as the national currency.

01/11/1976: Introduction of the Belize dollar

The Belize dollar was introduced as the official currency of Belize to replace the British Honduran dollar.