Historic Bahraini dinar Eritrean nakfa

Bahraini dinar eritrean nakfa history for January 2024. The highest quote for this month is 41.139 (01/01/2024) and the lowest 41.356 (08/01/2024). The difference between high and low is -0.53.

BHD ERN average rate for January 2024 is 40.43426, the change between 01/01/2024 and 31/01/2024 is +2.38 %.

01 January 20241 BHD = 41.20 ERN
02 January 20241 BHD = 41.16 ERN
03 January 20241 BHD = 40.23 ERN
04 January 20241 BHD = 40.29 ERN
05 January 20241 BHD = 40.27 ERN
06 January 20241 BHD = 39.97 ERN
07 January 20241 BHD = 39.97 ERN
08 January 20241 BHD = 41.35 ERN
09 January 20241 BHD = 40.27 ERN
10 January 20241 BHD = 40.23 ERN
11 January 20241 BHD = 40.27 ERN
12 January 20241 BHD = 40.22 ERN
14 January 20241 BHD = 39.93 ERN
15 January 20241 BHD = 41.33 ERN
16 January 20241 BHD = 40.27 ERN
17 January 20241 BHD = 40.22 ERN
18 January 20241 BHD = 40.27 ERN
19 January 20241 BHD = 40.23 ERN
22 January 20241 BHD = 41.32 ERN
23 January 20241 BHD = 40.23 ERN
24 January 20241 BHD = 40.27 ERN
25 January 20241 BHD = 40.27 ERN
26 January 20241 BHD = 40.27 ERN
28 January 20241 BHD = 39.98 ERN
29 January 20241 BHD = 41.20 ERN
30 January 20241 BHD = 40.27 ERN
31 January 20241 BHD = 40.22 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.

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.
BHD ERN December 2023
BHD ERN January 2024
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