Historic Eritrean nakfa Brunei dollar

Eritrean nakfa brunei dollar history for October 2023. The highest quote for this month is 0.0912 (22/10/2023) and the lowest 0.09119 (21/10/2023). The difference between high and low is 0.01.

ERN BND average rate for October 2023 is 0.08966, the change between 01/10/2023 and 31/10/2023 is +1.73 %.

01 October 20231 ERN = 0.0907 BND
03 October 20231 ERN = 0.0895 BND
04 October 20231 ERN = 0.0897 BND
06 October 20231 ERN = 0.0892 BND
07 October 20231 ERN = 0.0907 BND
09 October 20231 ERN = 0.0888 BND
10 October 20231 ERN = 0.0893 BND
11 October 20231 ERN = 0.0892 BND
13 October 20231 ERN = 0.0890 BND
16 October 20231 ERN = 0.0894 BND
17 October 20231 ERN = 0.0895 BND
18 October 20231 ERN = 0.0893 BND
19 October 20231 ERN = 0.0893 BND
20 October 20231 ERN = 0.0896 BND
21 October 20231 ERN = 0.0912 BND
22 October 20231 ERN = 0.0912 BND
23 October 20231 ERN = 0.0893 BND
24 October 20231 ERN = 0.0895 BND
25 October 20231 ERN = 0.0893 BND
26 October 20231 ERN = 0.0893 BND
27 October 20231 ERN = 0.0895 BND
29 October 20231 ERN = 0.0909 BND
30 October 20231 ERN = 0.0892 BND
31 October 20231 ERN = 0.0892 BND

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.