Historic Aruban florin Eritrean nakfa

Aruban florin eritrean nakfa history for January 2024. The highest quote for this month is 8.7362 (25/01/2024) and the lowest 8.7362 (25/01/2024). The difference between high and low is 0.

AWG ERN average rate for January 2024 is 8.42096, the change between 01/01/2024 and 31/01/2024 is -0.01 %.

01 January 20241 AWG = 8.41 ERN
02 January 20241 AWG = 8.42 ERN
03 January 20241 AWG = 8.41 ERN
04 January 20241 AWG = 8.41 ERN
05 January 20241 AWG = 8.41 ERN
06 January 20241 AWG = 8.42 ERN
07 January 20241 AWG = 8.42 ERN
08 January 20241 AWG = 8.41 ERN
09 January 20241 AWG = 8.42 ERN
10 January 20241 AWG = 8.41 ERN
11 January 20241 AWG = 8.41 ERN
12 January 20241 AWG = 8.41 ERN
14 January 20241 AWG = 8.41 ERN
15 January 20241 AWG = 8.42 ERN
16 January 20241 AWG = 8.42 ERN
17 January 20241 AWG = 8.40 ERN
18 January 20241 AWG = 8.42 ERN
19 January 20241 AWG = 8.40 ERN
22 January 20241 AWG = 8.42 ERN
23 January 20241 AWG = 8.40 ERN
24 January 20241 AWG = 8.41 ERN
25 January 20241 AWG = 8.74 ERN
26 January 20241 AWG = 8.40 ERN
28 January 20241 AWG = 8.42 ERN
29 January 20241 AWG = 8.38 ERN
30 January 20241 AWG = 8.41 ERN
31 January 20241 AWG = 8.41 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.

01/03/2018: Redenomination of the Aruban florin

Aruba redenominated its currency, replacing 1,000 florins with 1 florin, simplifying transactions and reducing the size of banknotes.

22/01/2015: Dollarization policy imposed

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

01/01/2011: Introduction of polymer banknotes

Aruba introduced polymer banknotes, made from a durable and secure polymer substrate, to enhance the durability and security of its currency.

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.

01/01/2003: Replacement of older banknotes

Older series of banknotes were phased out and replaced by newer and more secure banknotes featuring enhanced anti-counterfeiting measures.

01/01/2000: Adoption of new currency symbol

The Aruban florin adopted a new symbol, ƒ, to distinguish itself from other currencies.

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.

01/01/1993: Currency reform

A currency reform took place in Aruba, with the introduction of a new series of banknotes and the demonetization of certain older banknotes.

01/01/1990: Introduction of the guilders coins

Aruba introduced its own series of coins denominated in guilders, featuring unique designs and symbols reflective of Aruban culture.

01/01/1986: Introduction of the Aruban florin

The Aruban florin was established as the official currency of Aruba, replacing the Dutch guilder at a fixed rate of 1.79 florin to 1 guilder.
AWG ERN July 2023
AWG ERN August 2023
AWG ERN September 2023
AWG ERN October 2023
AWG ERN November 2023
AWG ERN December 2023
AWG ERN January 2024
AWG ERN February 2024
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AWG ERN June 2024
AWG ERN July 2024