Brunei dollar eritrean nakfa exchange rate history (BND ERN) October 2023

Brunei dollar eritrean nakfa history for October 2023. The highest quote for this month is 11.246 (11/10/2023) and the lowest 11.241 (24/10/2023). The difference between high and low is 0.04.

BND ERN average rate for October 2023 is 11.15392, the change between 01/10/2023 and 31/10/2023 is -1.77 %.

01 October 2023	1 BND = 11.02 ERN
03 October 2023	1 BND = 11.17 ERN
04 October 2023	1 BND = 11.15 ERN
06 October 2023	1 BND = 11.21 ERN
07 October 2023	1 BND = 11.03 ERN
09 October 2023	1 BND = 11.26 ERN
10 October 2023	1 BND = 11.19 ERN
11 October 2023	1 BND = 11.21 ERN
13 October 2023	1 BND = 11.24 ERN
16 October 2023	1 BND = 11.19 ERN
17 October 2023	1 BND = 11.18 ERN
18 October 2023	1 BND = 11.20 ERN
19 October 2023	1 BND = 11.19 ERN
20 October 2023	1 BND = 11.16 ERN
21 October 2023	1 BND = 10.97 ERN
22 October 2023	1 BND = 10.97 ERN
23 October 2023	1 BND = 11.19 ERN
24 October 2023	1 BND = 11.18 ERN
25 October 2023	1 BND = 11.20 ERN
26 October 2023	1 BND = 11.19 ERN
27 October 2023	1 BND = 11.18 ERN
29 October 2023	1 BND = 11.00 ERN
30 October 2023	1 BND = 11.22 ERN
31 October 2023	1 BND = 11.22 ERN

01/01/2022: Removal of monarchy symbol

Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.

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.

21/07/2017: Commencement of New Series Polymer Banknotes

New series of polymer banknotes with modern designs entered circulation.

22/01/2015: Dollarization policy imposed

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

05/05/2013: Upgrade of polymer banknotes

Introduction of new polymer banknotes with enhanced security features.

01/07/2011: Introduction of Brunei-Indonesia Currency Agreement

Brunei dollar became interchangeable with Indonesian rupiah in specified regions.

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.

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.

18/03/1996: Change in currency regime

Brunei dollar became fully backed by foreign exchange reserves instead of gold.

12/06/1973: Establishment of Brunei Currency Board

Currency Board assumed responsibility for the issuance and management of Brunei dollar.

27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement

Brunei and Singapore dollars became interchangeable at par.

Historic Brunei dollar Eritrean nakfa