Historic Bitcoin Eritrean nakfa

Bitcoin eritrean nakfa history for January 2024. The highest quote for this month is 0.000376 (23/01/2024) and the lowest 0.000391 (23/01/2024). The difference between high and low is -3.99.

BTC ERN average rate for January 2024 is 0.00035, the change between 01/01/2024 and 31/01/2024 is -3.52 %.

01 January 20241 BTC = 0.0003 ERN
02 January 20241 BTC = 0.0003 ERN
03 January 20241 BTC = 0.0004 ERN
04 January 20241 BTC = 0.0003 ERN
05 January 20241 BTC = 0.0003 ERN
06 January 20241 BTC = 0.0003 ERN
07 January 20241 BTC = 0.0003 ERN
08 January 20241 BTC = 0.0003 ERN
09 January 20241 BTC = 0.0003 ERN
10 January 20241 BTC = 0.0003 ERN
11 January 20241 BTC = 0.0003 ERN
12 January 20241 BTC = 0.0004 ERN
14 January 20241 BTC = 0.0004 ERN
15 January 20241 BTC = 0.0004 ERN
16 January 20241 BTC = 0.0003 ERN
17 January 20241 BTC = 0.0004 ERN
18 January 20241 BTC = 0.0004 ERN
19 January 20241 BTC = 0.0004 ERN
22 January 20241 BTC = 0.0004 ERN
23 January 20241 BTC = 0.0004 ERN
24 January 20241 BTC = 0.0004 ERN
25 January 20241 BTC = 0.0004 ERN
26 January 20241 BTC = 0.0004 ERN
28 January 20241 BTC = 0.0004 ERN
29 January 20241 BTC = 0.0003 ERN
30 January 20241 BTC = 0.0004 ERN
31 January 20241 BTC = 0.0004 ERN

08/02/2021: Tesla's Bitcoin Investment

Tesla announced a $1.5 billion investment in Bitcoin and plans to accept it as a form of payment for its products.

11/05/2020: Third Bitcoin Halving

The block reward for miners was reduced from 12.5 BTC to 6.25 BTC, reducing the rate of new Bitcoin creation.

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.

17/12/2017: Bitcoin Price Peak

Bitcoin reached its all-time high price of nearly $20,000 per BTC during a speculative market frenzy.

01/08/2017: Bitcoin Cash Fork

Bitcoin underwent a hard fork leading to the creation of a new cryptocurrency called Bitcoin Cash (BCH).

22/01/2015: Dollarization policy imposed

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

28/11/2013: All-Time High (ATH) Price

Bitcoin reached its first significant price milestone by surpassing $1,000 per BTC for the first time.

22/05/2010: Bitcoin Pizza Day

Laszlo Hanyecz made the first recorded real-world transaction using Bitcoin, buying two pizzas for 10,000 BTC.

03/01/2009: Bitcoin Genesis Block

The first block of the Bitcoin blockchain, also known as the Genesis Block, was mined by Satoshi Nakamoto.

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.
BTC ERN November 2023
BTC ERN December 2023
BTC ERN January 2024
BTC ERN February 2024
BTC ERN March 2024
BTC ERN April 2024
BTC ERN May 2024
BTC ERN June 2024
BTC ERN July 2024
BTC ERN August 2024
BTC ERN September 2024
BTC ERN October 2024
BTC ERN November 2024