Historic Bitcoin Cash Eritrean nakfa

Bitcoin Cash eritrean nakfa history for February 2024. The highest quote for this month is 0.063542 (06/02/2024) and the lowest 0.065246 (01/02/2024). The difference between high and low is -2.68.

BCH ERN average rate for February 2024 is 0.05761, the change between 01/02/2024 and 29/02/2024 is +20.85 %.

01 February 20241 BCH = 0.0637 ERN
02 February 20241 BCH = 0.0637 ERN
03 February 20241 BCH = 0.0625 ERN
04 February 20241 BCH = 0.0640 ERN
05 February 20241 BCH = 0.0640 ERN
06 February 20241 BCH = 0.0640 ERN
07 February 20241 BCH = 0.0627 ERN
08 February 20241 BCH = 0.0616 ERN
09 February 20241 BCH = 0.0602 ERN
12 February 20241 BCH = 0.0536 ERN
13 February 20241 BCH = 0.0556 ERN
14 February 20241 BCH = 0.0536 ERN
15 February 20241 BCH = 0.0556 ERN
16 February 20241 BCH = 0.0548 ERN
17 February 20241 BCH = 0.0564 ERN
18 February 20241 BCH = 0.0557 ERN
19 February 20241 BCH = 0.0552 ERN
20 February 20241 BCH = 0.0567 ERN
21 February 20241 BCH = 0.0573 ERN
22 February 20241 BCH = 0.0578 ERN
23 February 20241 BCH = 0.0570 ERN
24 February 20241 BCH = 0.0563 ERN
25 February 20241 BCH = 0.0563 ERN
26 February 20241 BCH = 0.0547 ERN
27 February 20241 BCH = 0.0515 ERN
28 February 20241 BCH = 0.0507 ERN
29 February 20241 BCH = 0.0504 ERN

03/08/2021: El Salvador Adopts Bitcoin as Legal Tender

El Salvador becomes the first country to recognize Bitcoin, including Bitcoin Cash (BCH), as a legal tender, leading to increased adoption.

24/02/2021: Bitcoin Cash Becomes Merchant Payment Solution

Bitcoin Cash (BCH) gains traction as a popular cryptocurrency for merchant payments due to its low fees and faster transaction times.

15/11/2020: Bitcoin Cash ABC vs. Bitcoin Cash Node

A contentious hard fork occurs within Bitcoin Cash (BCH) community, resulting in a split between Bitcoin Cash ABC and Bitcoin Cash Node.

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.

15/05/2018: Bitcoin Cash Upgrade

Bitcoin Cash (BCH) undergoes a hard fork called ABC upgrade, introducing larger block sizes and smart contract functionalities.

01/08/2017: Bitcoin Cash Hard Fork

Bitcoin Cash (BCH) splits from Bitcoin (BTC) due to a contentious hard fork, increasing the block size to 8MB.

22/01/2015: Dollarization policy imposed

Eritrea imposed a dollarization policy, making the US dollar the predominant currency for most transactions.

03/01/2009: First Bitcoin Block Mined

The Genesis Block, also known as Block 0, is mined, marking the birth of Bitcoin network.

31/10/2008: Bitcoin Whitepaper Released

Satoshi Nakamoto publishes Bitcoin whitepaper, laying the foundation for peer-to-peer electronic cash system.

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.
BCH ERN January 2024
BCH ERN February 2024
BCH ERN March 2024
BCH ERN April 2024
BCH ERN May 2024
BCH ERN June 2024
BCH ERN July 2024
BCH ERN August 2024
BCH ERN September 2024
BCH ERN October 2024
BCH ERN November 2024
BCH ERN December 2024
BCH ERN January 2025