Historic Eritrean nakfa Bahamian dollar

Eritrean nakfa bahamian dollar history for December 2023. The highest quote for this month is 0.066445 (02/12/2023) and the lowest 0.066445 (02/12/2023). The difference between high and low is 0.

ERN BSD average rate for December 2023 is 0.06613, the change between 01/12/2023 and 31/12/2023 is -0.38 %.

01 December 20231 ERN = 0.0660 BSD
02 December 20231 ERN = 0.0664 BSD
03 December 20231 ERN = 0.0664 BSD
04 December 20231 ERN = 0.0661 BSD
05 December 20231 ERN = 0.0660 BSD
06 December 20231 ERN = 0.0660 BSD
07 December 20231 ERN = 0.0660 BSD
08 December 20231 ERN = 0.0661 BSD
10 December 20231 ERN = 0.0664 BSD
11 December 20231 ERN = 0.0660 BSD
12 December 20231 ERN = 0.0660 BSD
13 December 20231 ERN = 0.0659 BSD
14 December 20231 ERN = 0.0660 BSD
15 December 20231 ERN = 0.0659 BSD
16 December 20231 ERN = 0.0664 BSD
17 December 20231 ERN = 0.0664 BSD
18 December 20231 ERN = 0.0664 BSD
19 December 20231 ERN = 0.0659 BSD
20 December 20231 ERN = 0.0660 BSD
21 December 20231 ERN = 0.0660 BSD
22 December 20231 ERN = 0.0660 BSD
23 December 20231 ERN = 0.0664 BSD
24 December 20231 ERN = 0.0664 BSD
26 December 20231 ERN = 0.0661 BSD
27 December 20231 ERN = 0.0661 BSD
28 December 20231 ERN = 0.0660 BSD
29 December 20231 ERN = 0.0663 BSD

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.

22/01/2015: Dollarization policy imposed

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

29/12/2014: Introduction of new Bahamian dollar variants

New variants of the Bahamian dollar banknotes, featuring improved security features, were introduced to combat counterfeit money.

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.

27/12/1974: Devaluation of the Bahamian dollar

The Bahamian dollar was devalued by 50% to stimulate the country's tourism industry and boost its economy.

10/07/1973: Independence from British rule

The Bahamas gained independence from British rule, maintaining the Bahamian dollar as its currency.

09/09/1969: Currency Board Agreement

The Bahamas entered into a Currency Board Agreement with the Eastern Caribbean Currency Authority, establishing fixed exchange rates for their currencies.

01/01/1966: Introduction of the Bahamian dollar

The Bahamian dollar was introduced, replacing the British pound as the official currency of the Bahamas.

06/08/1866: Adoption of the British pound

The Bahamas officially adopted the British pound sterling as their currency, replacing the Bahamian pound.

06/06/1853: Introduction of the Bahamian pound

The Bahamian pound was introduced as the official currency of the Bahamas, replacing the Spanish dollar.
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