Eritrean nakfa moldovan leu exchange rate history (ERN MDL) October 2023

Eritrean nakfa moldovan leu history for October 2023. The highest quote for this month is 1.2047 (01/10/2023) and the lowest 1.2047 (01/10/2023). The difference between high and low is 0.

ERN MDL average rate for October 2023 is 1.19076, the change between 01/10/2023 and 31/10/2023 is +0.98 %.

01 October 2023	1 ERN = 1.205 MDL
03 October 2023	1 ERN = 1.192 MDL
04 October 2023	1 ERN = 1.191 MDL
06 October 2023	1 ERN = 1.189 MDL
07 October 2023	1 ERN = 1.203 MDL
09 October 2023	1 ERN = 1.187 MDL
10 October 2023	1 ERN = 1.192 MDL
11 October 2023	1 ERN = 1.191 MDL
13 October 2023	1 ERN = 1.184 MDL
16 October 2023	1 ERN = 1.181 MDL
17 October 2023	1 ERN = 1.183 MDL
18 October 2023	1 ERN = 1.186 MDL
19 October 2023	1 ERN = 1.190 MDL
20 October 2023	1 ERN = 1.192 MDL
21 October 2023	1 ERN = 1.203 MDL
22 October 2023	1 ERN = 1.203 MDL
23 October 2023	1 ERN = 1.189 MDL
24 October 2023	1 ERN = 1.190 MDL
25 October 2023	1 ERN = 1.189 MDL
26 October 2023	1 ERN = 1.183 MDL
27 October 2023	1 ERN = 1.182 MDL
29 October 2023	1 ERN = 1.194 MDL
30 October 2023	1 ERN = 1.183 MDL
31 October 2023	1 ERN = 1.193 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.

Historic Eritrean nakfa Moldovan Leu