Historic Eritrean nakfa Falkland Islands pound

Eritrean nakfa falkland islands pound history for November 2023. The highest quote for this month is 0.054718 (01/11/2023) and the lowest 0.054718 (01/11/2023). The difference between high and low is 0.

ERN FKP average rate for November 2023 is 0.05338, the change between 01/11/2023 and 30/11/2023 is +3.92 %.

01 November 20231 ERN = 0.0547 FKP
06 November 20231 ERN = 0.0536 FKP
07 November 20231 ERN = 0.0539 FKP
08 November 20231 ERN = 0.0542 FKP
09 November 20231 ERN = 0.0541 FKP
10 November 20231 ERN = 0.0543 FKP
12 November 20231 ERN = 0.0543 FKP
13 November 20231 ERN = 0.0542 FKP
14 November 20231 ERN = 0.0534 FKP
15 November 20231 ERN = 0.0534 FKP
16 November 20231 ERN = 0.0533 FKP
17 November 20231 ERN = 0.0532 FKP
18 November 20231 ERN = 0.0532 FKP
19 November 20231 ERN = 0.0532 FKP
20 November 20231 ERN = 0.0532 FKP
21 November 20231 ERN = 0.0528 FKP
22 November 20231 ERN = 0.0530 FKP
23 November 20231 ERN = 0.0530 FKP
24 November 20231 ERN = 0.0526 FKP
27 November 20231 ERN = 0.0526 FKP
28 November 20231 ERN = 0.0525 FKP
29 November 20231 ERN = 0.0524 FKP
30 November 20231 ERN = 0.0526 FKP

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.

18/07/2016: New Polymer Banknotes Issued

The Falkland Islands government introduces new polymer banknotes to replace the older paper versions, enhancing the durability and security of their currency.

22/01/2015: Dollarization policy imposed

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

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.

14/06/1983: Pegging to the Pound Sterling

The Falkland Islands pound (FKP) is officially pegged to the British pound sterling (GBP) at a 1:1 ratio, ensuring a stable exchange rate.

14/05/1971: New Decimalized Currency Introduced

The Falkland Islands pound (FKP) is decimalized, with the introduction of a new currency system based on the decimal system.

28/04/1899: Currency Board Established

The Falkland Islands Currency Board is established, introducing the first Falkland Islands pound (FKP) as the official currency.

02/01/1833: Argentina Removed from Islands

British forces remove Argentine authorities from the Falkland Islands, solidifying British control over the territory.

03/01/1829: First British Colony Declared

British Captain Onslow declares the Falkland Islands a British colony, leading to the establishment of a formal British presence in the region.

02/01/1764: First British Settlement

British Captain Byron claims the Falkland Islands for Britain, establishing the first permanent British settlement in the region.