Historic Eritrean nakfa Moldovan Leu

Eritrean nakfa moldovan leu history for January 2024. The highest quote for this month is 1.1699 (28/01/2024) and the lowest 1.1699 (28/01/2024). The difference between high and low is 0.

ERN MDL average rate for January 2024 is 1.15478, the change between 01/01/2024 and 31/01/2024 is -2.54 %.

01 January 20241 ERN = 1.132 MDL
02 January 20241 ERN = 1.133 MDL
03 January 20241 ERN = 1.142 MDL
04 January 20241 ERN = 1.147 MDL
05 January 20241 ERN = 1.152 MDL
06 January 20241 ERN = 1.156 MDL
07 January 20241 ERN = 1.156 MDL
08 January 20241 ERN = 1.155 MDL
09 January 20241 ERN = 1.142 MDL
10 January 20241 ERN = 1.161 MDL
11 January 20241 ERN = 1.160 MDL
12 January 20241 ERN = 1.163 MDL
14 January 20241 ERN = 1.168 MDL
15 January 20241 ERN = 1.158 MDL
16 January 20241 ERN = 1.154 MDL
17 January 20241 ERN = 1.154 MDL
18 January 20241 ERN = 1.155 MDL
19 January 20241 ERN = 1.160 MDL
22 January 20241 ERN = 1.152 MDL
23 January 20241 ERN = 1.160 MDL
24 January 20241 ERN = 1.155 MDL
25 January 20241 ERN = 1.159 MDL
26 January 20241 ERN = 1.157 MDL
28 January 20241 ERN = 1.170 MDL
29 January 20241 ERN = 1.162 MDL
30 January 20241 ERN = 1.159 MDL
31 January 20241 ERN = 1.161 MDL

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.

04/06/2018: Introduction of New Banknotes

Moldova introduced a new series of banknotes with enhanced security features to combat counterfeiting.

01/07/2015: Currency Pegged to Euro

Moldova pegged its currency, the Leu, to the Euro at a fixed exchange rate to stabilize the economy and attract foreign investment.

22/01/2015: Dollarization policy imposed

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

10/05/2010: Euro as Legal Tender

Moldova adopted the Euro as its official currency, though it is not a member of the Eurozone.

29/04/2009: Revaluation

Moldova carried out a currency revaluation, changing the exchange rate from 10,000 old Lei to 1 new Leu.

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.

29/10/1999: Introduction of Polymer Banknotes

Polymer banknotes were introduced in Moldova, increasing security and durability of the currency.

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.

29/05/1994: Redenomination

Moldova underwent a redenomination process, where 1000 old Lei were exchanged for 1 new Leu to combat hyperinflation.

26/11/1992: Declaration of Independence

The Moldovan Leu was introduced as the official currency of Moldova after the country declared independence from the Soviet Union.
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