Historic Moldovan Leu Eritrean nakfa

Moldovan Leu eritrean nakfa history for January 2024. The highest quote for this month is 0.88201 (01/01/2024) and the lowest 0.88249 (01/01/2024). The difference between high and low is -0.05.

MDL ERN average rate for January 2024 is 0.86601, the change between 01/01/2024 and 31/01/2024 is +2.48 %.

01 January 20241 MDL = 0.8833 ERN
02 January 20241 MDL = 0.8825 ERN
03 January 20241 MDL = 0.8755 ERN
04 January 20241 MDL = 0.8721 ERN
05 January 20241 MDL = 0.8684 ERN
06 January 20241 MDL = 0.8651 ERN
07 January 20241 MDL = 0.8651 ERN
08 January 20241 MDL = 0.8661 ERN
09 January 20241 MDL = 0.8758 ERN
10 January 20241 MDL = 0.8615 ERN
11 January 20241 MDL = 0.8624 ERN
12 January 20241 MDL = 0.8598 ERN
14 January 20241 MDL = 0.8565 ERN
15 January 20241 MDL = 0.8633 ERN
16 January 20241 MDL = 0.8669 ERN
17 January 20241 MDL = 0.8662 ERN
18 January 20241 MDL = 0.8657 ERN
19 January 20241 MDL = 0.8625 ERN
22 January 20241 MDL = 0.8681 ERN
23 January 20241 MDL = 0.8623 ERN
24 January 20241 MDL = 0.8659 ERN
25 January 20241 MDL = 0.8626 ERN
26 January 20241 MDL = 0.8645 ERN
28 January 20241 MDL = 0.8548 ERN
29 January 20241 MDL = 0.8610 ERN
30 January 20241 MDL = 0.8632 ERN
31 January 20241 MDL = 0.8614 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.
MDL ERN August 2023
MDL ERN September 2023
MDL ERN October 2023
MDL ERN November 2023
MDL ERN December 2023
MDL ERN January 2024
MDL ERN February 2024
MDL ERN March 2024
MDL ERN April 2024
MDL ERN May 2024
MDL ERN June 2024
MDL ERN July 2024
MDL ERN August 2024