Historic Bitcoin Cash Eritrean nakfa

Bitcoin Cash eritrean nakfa history for January 2024. The highest quote for this month is 0.063476 (23/01/2024) and the lowest 0.068621 (23/01/2024). The difference between high and low is -8.11.

BCH ERN average rate for January 2024 is 0.06184, the change between 01/01/2024 and 31/01/2024 is -13.66 %.

01 January 20241 BCH = 0.0565 ERN
02 January 20241 BCH = 0.0586 ERN
03 January 20241 BCH = 0.0643 ERN
04 January 20241 BCH = 0.0629 ERN
05 January 20241 BCH = 0.0629 ERN
06 January 20241 BCH = 0.0638 ERN
07 January 20241 BCH = 0.0649 ERN
08 January 20241 BCH = 0.0593 ERN
09 January 20241 BCH = 0.0615 ERN
10 January 20241 BCH = 0.0592 ERN
11 January 20241 BCH = 0.0545 ERN
12 January 20241 BCH = 0.0580 ERN
14 January 20241 BCH = 0.0612 ERN
15 January 20241 BCH = 0.0602 ERN
16 January 20241 BCH = 0.0600 ERN
17 January 20241 BCH = 0.0617 ERN
18 January 20241 BCH = 0.0635 ERN
19 January 20241 BCH = 0.0637 ERN
22 January 20241 BCH = 0.0641 ERN
23 January 20241 BCH = 0.0656 ERN
24 January 20241 BCH = 0.0638 ERN
25 January 20241 BCH = 0.0636 ERN
26 January 20241 BCH = 0.0623 ERN
28 January 20241 BCH = 0.0636 ERN
29 January 20241 BCH = 0.0624 ERN
30 January 20241 BCH = 0.0635 ERN
31 January 20241 BCH = 0.0642 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