Historic Barbadian dollar Eritrean nakfa

Barbadian dollar eritrean nakfa history for February 2024. The highest quote for this month is 7.6432 (15/02/2024) and the lowest 7.6739 (02/02/2024). The difference between high and low is -0.4.

BBD ERN average rate for February 2024 is 7.60998, the change between 01/02/2024 and 29/02/2024 is +0.1 %.

01 February 20241 BBD = 7.65 ERN
02 February 20241 BBD = 7.63 ERN
03 February 20241 BBD = 7.53 ERN
04 February 20241 BBD = 7.53 ERN
05 February 20241 BBD = 7.57 ERN
06 February 20241 BBD = 7.62 ERN
07 February 20241 BBD = 7.63 ERN
08 February 20241 BBD = 7.63 ERN
09 February 20241 BBD = 7.64 ERN
12 February 20241 BBD = 7.64 ERN
13 February 20241 BBD = 7.64 ERN
14 February 20241 BBD = 7.64 ERN
15 February 20241 BBD = 7.63 ERN
16 February 20241 BBD = 7.64 ERN
17 February 20241 BBD = 7.54 ERN
18 February 20241 BBD = 7.54 ERN
19 February 20241 BBD = 7.64 ERN
20 February 20241 BBD = 7.63 ERN
21 February 20241 BBD = 7.64 ERN
22 February 20241 BBD = 7.63 ERN
23 February 20241 BBD = 7.64 ERN
24 February 20241 BBD = 7.54 ERN
25 February 20241 BBD = 7.54 ERN
26 February 20241 BBD = 7.63 ERN
27 February 20241 BBD = 7.64 ERN
28 February 20241 BBD = 7.63 ERN
29 February 20241 BBD = 7.64 ERN

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.
BBD ERN January 2024
BBD ERN February 2024
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BBD ERN January 2025