Historic Moldovan Leu Eritrean nakfa

Moldovan Leu eritrean nakfa history for February 2024. The highest quote for this month is 0.86059 (13/02/2024) and the lowest 0.86226 (02/02/2024). The difference between high and low is -0.19.

MDL ERN average rate for February 2024 is 0.85565, the change between 01/02/2024 and 29/02/2024 is +0.36 %.

01 February 20241 MDL = 0.8630 ERN
02 February 20241 MDL = 0.8574 ERN
03 February 20241 MDL = 0.8527 ERN
04 February 20241 MDL = 0.8527 ERN
05 February 20241 MDL = 0.8521 ERN
06 February 20241 MDL = 0.8575 ERN
07 February 20241 MDL = 0.8583 ERN
08 February 20241 MDL = 0.8583 ERN
09 February 20241 MDL = 0.8577 ERN
12 February 20241 MDL = 0.8583 ERN
13 February 20241 MDL = 0.8609 ERN
14 February 20241 MDL = 0.8613 ERN
15 February 20241 MDL = 0.8580 ERN
16 February 20241 MDL = 0.8580 ERN
17 February 20241 MDL = 0.8485 ERN
18 February 20241 MDL = 0.8485 ERN
19 February 20241 MDL = 0.8559 ERN
20 February 20241 MDL = 0.8552 ERN
21 February 20241 MDL = 0.8547 ERN
22 February 20241 MDL = 0.8522 ERN
23 February 20241 MDL = 0.8543 ERN
24 February 20241 MDL = 0.8485 ERN
25 February 20241 MDL = 0.8485 ERN
26 February 20241 MDL = 0.8545 ERN
27 February 20241 MDL = 0.8565 ERN
28 February 20241 MDL = 0.8591 ERN
29 February 20241 MDL = 0.8599 ERN

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.