Historic Netherlands Antillean guilder Eritrean nakfa

Netherlands Antillean guilder eritrean nakfa history for February 2024. The highest quote for this month is 8.5872 (15/02/2024) and the lowest 8.6212 (02/02/2024). The difference between high and low is -0.4.

ANG ERN average rate for February 2024 is 8.55286, the change between 01/02/2024 and 29/02/2024 is +0.1 %.

01 February 20241 ANG = 8.60 ERN
02 February 20241 ANG = 8.57 ERN
03 February 20241 ANG = 8.43 ERN
04 February 20241 ANG = 8.43 ERN
05 February 20241 ANG = 8.50 ERN
06 February 20241 ANG = 8.56 ERN
07 February 20241 ANG = 8.58 ERN
08 February 20241 ANG = 8.57 ERN
09 February 20241 ANG = 8.58 ERN
12 February 20241 ANG = 8.58 ERN
13 February 20241 ANG = 8.58 ERN
14 February 20241 ANG = 8.58 ERN
15 February 20241 ANG = 8.57 ERN
16 February 20241 ANG = 8.59 ERN
17 February 20241 ANG = 8.44 ERN
19 February 20241 ANG = 8.58 ERN
20 February 20241 ANG = 8.57 ERN
21 February 20241 ANG = 8.58 ERN
22 February 20241 ANG = 8.57 ERN
23 February 20241 ANG = 8.58 ERN
24 February 20241 ANG = 8.44 ERN
26 February 20241 ANG = 8.58 ERN
27 February 20241 ANG = 8.58 ERN
28 February 20241 ANG = 8.57 ERN
29 February 20241 ANG = 8.59 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.

22/01/2015: Dollarization policy imposed

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

01/09/2011: Replacement by the Caribbean guilder

The Netherlands Antillean guilder was replaced by the Caribbean guilder as the official currency of Curacao and Sint Maarten.

10/10/2010: Dissolution of the Netherlands Antilles

The Netherlands Antilles were dissolved, resulting in the establishment of separate countries within the Kingdom of the Netherlands, including Curacao and Sint Maarten.

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.

01/01/2001: Introduction of the euro in the Netherlands

The euro was introduced as the official currency in the Netherlands, leading to increased integration with the European Union.

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.

01/12/1986: Pegged to the US dollar

The Netherlands Antillean guilder was pegged to the US dollar at a fixed exchange rate of 1.79 ANG to 1 USD.

01/11/1952: Introduction of the Netherlands Antillean guilder

The Netherlands Antillean guilder was introduced as the currency of the Netherlands Antilles, replacing the Caribbean guilder.

25/11/1942: Curacao introduced the guilder

The guilder was introduced as the official currency of Curacao, replacing the Netherlands Antillean florin.

10/05/1940: German Occupation

During World War II, the Netherlands Antilles came under German occupation, resulting in restrictions and controls on currency usage.
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