Historic Bangladeshi Taka Eritrean nakfa

Bangladeshi Taka eritrean nakfa history for January 2024. The highest quote for this month is 0.13948 (08/01/2024) and the lowest 0.13965 (08/01/2024). The difference between high and low is -0.12.

BDT ERN average rate for January 2024 is 0.1391, the change between 01/01/2024 and 31/01/2024 is -0.09 %.

01 January 20241 BDT = 0.1391 ERN
02 January 20241 BDT = 0.1390 ERN
03 January 20241 BDT = 0.1392 ERN
04 January 20241 BDT = 0.1395 ERN
05 January 20241 BDT = 0.1394 ERN
06 January 20241 BDT = 0.1381 ERN
07 January 20241 BDT = 0.1376 ERN
08 January 20241 BDT = 0.1396 ERN
09 January 20241 BDT = 0.1395 ERN
10 January 20241 BDT = 0.1393 ERN
11 January 20241 BDT = 0.1394 ERN
12 January 20241 BDT = 0.1392 ERN
14 January 20241 BDT = 0.1374 ERN
15 January 20241 BDT = 0.1396 ERN
16 January 20241 BDT = 0.1395 ERN
17 January 20241 BDT = 0.1390 ERN
18 January 20241 BDT = 0.1394 ERN
19 January 20241 BDT = 0.1392 ERN
22 January 20241 BDT = 0.1395 ERN
23 January 20241 BDT = 0.1393 ERN
24 January 20241 BDT = 0.1395 ERN
25 January 20241 BDT = 0.1394 ERN
26 January 20241 BDT = 0.1394 ERN
28 January 20241 BDT = 0.1377 ERN
29 January 20241 BDT = 0.1391 ERN
30 January 20241 BDT = 0.1395 ERN
31 January 20241 BDT = 0.1393 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.

20/03/2020: Banned Old Notes

Bangladesh bans the circulation of old 1000 Taka notes to combat counterfeit currency and encourage the use of new security-enhanced banknotes.

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.

12/06/2011: Denomination Revamp

Bangladesh revalues its currency by dropping two zeros from the denominations, making 1000 Taka equal to 10 Taka.

01/07/2007: Introduction of Polymer Banknotes

Bangladesh introduces polymer banknotes for the first time, enhancing durability, security, and public acceptance of the Bangladeshi Taka.

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.

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.

02/03/1976: Introduction of Decimal System

Bangladesh transitions from the Indian Rupee-based monetary system to the decimal-based system, resulting in the issuance of new banknotes and coins.

15/08/1975: Assassination of Sheikh Mujibur Rahman

The assassination of Sheikh Mujibur Rahman, the founding father of Bangladesh and the advocate for the Bangladeshi Taka, creates political instability and economic challenges.

04/01/1972: Introduction of Bangladeshi Taka

The Bangladeshi Taka is introduced as the national currency replacing the Pakistani Rupee at par.

25/03/1971: Declaration of Independence

Bangladesh declares independence from Pakistan, leading to the establishment of the Bangladeshi Taka as the official currency.
BDT ERN January 2024
BDT ERN February 2024
BDT ERN March 2024
BDT ERN April 2024
BDT ERN May 2024
BDT ERN June 2024
BDT ERN July 2024
BDT ERN August 2024
BDT ERN September 2024
BDT ERN October 2024
BDT ERN November 2024
BDT ERN December 2024
BDT ERN January 2025