Historic Barbadian dollar Eritrean nakfa

Barbadian dollar eritrean nakfa history for January 2024. The highest quote for this month is 7.6406 (08/01/2024) and the lowest 7.6499 (08/01/2024). The difference between high and low is -0.12.

BBD ERN average rate for January 2024 is 7.61843, the change between 01/01/2024 and 31/01/2024 is -0.12 %.

01 January 20241 BBD = 7.62 ERN
02 January 20241 BBD = 7.61 ERN
03 January 20241 BBD = 7.62 ERN
04 January 20241 BBD = 7.64 ERN
05 January 20241 BBD = 7.64 ERN
06 January 20241 BBD = 7.54 ERN
07 January 20241 BBD = 7.54 ERN
08 January 20241 BBD = 7.65 ERN
09 January 20241 BBD = 7.64 ERN
10 January 20241 BBD = 7.63 ERN
11 January 20241 BBD = 7.64 ERN
12 January 20241 BBD = 7.62 ERN
14 January 20241 BBD = 7.53 ERN
15 January 20241 BBD = 7.65 ERN
16 January 20241 BBD = 7.64 ERN
17 January 20241 BBD = 7.62 ERN
18 January 20241 BBD = 7.64 ERN
19 January 20241 BBD = 7.63 ERN
22 January 20241 BBD = 7.64 ERN
23 January 20241 BBD = 7.63 ERN
24 January 20241 BBD = 7.64 ERN
25 January 20241 BBD = 7.64 ERN
26 January 20241 BBD = 7.63 ERN
28 January 20241 BBD = 7.54 ERN
29 January 20241 BBD = 7.62 ERN
30 January 20241 BBD = 7.64 ERN
31 January 20241 BBD = 7.63 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
BBD ERN March 2024
BBD ERN April 2024
BBD ERN May 2024
BBD ERN June 2024
BBD ERN July 2024
BBD ERN August 2024
BBD ERN September 2024
BBD ERN October 2024
BBD ERN November 2024
BBD ERN December 2024
BBD ERN January 2025