Historic Eritrean nakfa Barbadian dollar

Eritrean nakfa barbadian dollar history for February 2024. The highest quote for this month is 0.13289 (04/02/2024) and the lowest 0.13289 (03/02/2024). The difference between high and low is 0.

ERN BBD average rate for February 2024 is 0.13141, the change between 01/02/2024 and 29/02/2024 is -0.1 %.

01 February 20241 ERN = 0.1307 BBD
02 February 20241 ERN = 0.1310 BBD
03 February 20241 ERN = 0.1329 BBD
04 February 20241 ERN = 0.1329 BBD
05 February 20241 ERN = 0.1321 BBD
06 February 20241 ERN = 0.1312 BBD
07 February 20241 ERN = 0.1310 BBD
08 February 20241 ERN = 0.1311 BBD
09 February 20241 ERN = 0.1310 BBD
12 February 20241 ERN = 0.1310 BBD
13 February 20241 ERN = 0.1309 BBD
14 February 20241 ERN = 0.1309 BBD
15 February 20241 ERN = 0.1311 BBD
16 February 20241 ERN = 0.1308 BBD
17 February 20241 ERN = 0.1327 BBD
18 February 20241 ERN = 0.1327 BBD
19 February 20241 ERN = 0.1309 BBD
20 February 20241 ERN = 0.1311 BBD
21 February 20241 ERN = 0.1309 BBD
22 February 20241 ERN = 0.1311 BBD
23 February 20241 ERN = 0.1310 BBD
24 February 20241 ERN = 0.1327 BBD
25 February 20241 ERN = 0.1327 BBD
26 February 20241 ERN = 0.1310 BBD
27 February 20241 ERN = 0.1309 BBD
28 February 20241 ERN = 0.1311 BBD
29 February 20241 ERN = 0.1308 BBD

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.
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