Historic Bahraini dinar Eritrean nakfa

Bahraini dinar eritrean nakfa history since 01/11/2024 until today (0 years). Search for BHD to ERN exchange rate history for a particular date, month or year.

The Bahraini dinar is the currency of Bahrain (supplied by Central Bank of Bahrain and the currency supplied by Bank of Eritrea. The BHD ERN historical data can be seen on the Bahraini dinar eritrean nakfa historical chart.

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.

19/05/2019: Launch of New Bahraini Dinar Series

A new series of Bahraini dinar banknotes was launched, featuring enhanced security features, updated designs, and braille markings for the visually impaired.

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.

06/02/2014: Introduction of Polymer Banknotes

Bahrain introduced polymer banknotes for the first time, enhancing durability and security of the currency.

30/09/2006: Bahraini Dinar Convertibility

Bahrain lifted the restrictions on the convertibility of the Bahraini dinar, allowing it to be freely traded and exchanged internationally.

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.

20/08/2001: Bahraini Dinar Second Edition

A new series of Bahraini dinar banknotes was introduced, featuring enhanced security features and updated designs.

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.

24/06/1994: Establishment of the Bahrain Monetary Agency

The Bahrain Monetary Agency (now known as the Central Bank of Bahrain) was established to regulate and oversee the Bahraini dinar.

31/12/1972: Bahrain Dinar Pegged to US Dollar

The Bahraini Dinar was pegged to the US Dollar at a fixed exchange rate of 1 dinar = $2.80, which continues to this day.

15/10/1965: Introduction of the Bahraini Dinar

The Bahraini Dinar was introduced as the official currency of Bahrain, replacing the Gulf rupee at a rate of 1 dinar = 10 rupees.