Historic Bolivian boliviano Eritrean nakfa

Bolivian boliviano eritrean nakfa history for December 2023. The highest quote for this month is 2.2414 (19/12/2023) and the lowest 2.2613 (14/12/2023). The difference between high and low is -0.89.

BOB ERN average rate for December 2023 is 2.22631, the change between 01/12/2023 and 31/12/2023 is +0.41 %.

01 December 20231 BOB = 2.237 ERN
02 December 20231 BOB = 2.197 ERN
03 December 20231 BOB = 2.197 ERN
04 December 20231 BOB = 2.236 ERN
05 December 20231 BOB = 2.240 ERN
06 December 20231 BOB = 2.238 ERN
07 December 20231 BOB = 2.240 ERN
08 December 20231 BOB = 2.236 ERN
10 December 20231 BOB = 2.194 ERN
11 December 20231 BOB = 2.237 ERN
12 December 20231 BOB = 2.239 ERN
13 December 20231 BOB = 2.241 ERN
14 December 20231 BOB = 2.238 ERN
15 December 20231 BOB = 2.241 ERN
16 December 20231 BOB = 2.200 ERN
17 December 20231 BOB = 2.200 ERN
18 December 20231 BOB = 2.225 ERN
19 December 20231 BOB = 2.240 ERN
20 December 20231 BOB = 2.239 ERN
21 December 20231 BOB = 2.237 ERN
22 December 20231 BOB = 2.230 ERN
23 December 20231 BOB = 2.194 ERN
24 December 20231 BOB = 2.200 ERN
26 December 20231 BOB = 2.234 ERN
27 December 20231 BOB = 2.236 ERN
28 December 20231 BOB = 2.237 ERN
29 December 20231 BOB = 2.228 ERN

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.

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.

31/12/2004: Return to the boliviano

Bolivia ended the dollarization period and officially reintroduced the boliviano as the sole legal tender of the country.

31/12/2003: Dollarization crisis

Bolivia experienced a financial crisis, leading to the temporary dollarization of the economy and the use of the US dollar as legal tender.

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.

31/03/1988: Bolivianoization

Bolivianoization was implemented, requiring all contracts and transactions to be conducted in bolivianos instead of foreign currencies.

28/02/1987: Introduction of the second boliviano

A new boliviano, known as the second boliviano (Boliviano de Segunda), was introduced to replace the heavily devalued first boliviano.

31/01/1986: Hyperinflation crisis

Bolivia experienced a severe hyperinflation crisis, leading to the devaluation of the boliviano.

31/12/1962: Monetary reform

The boliviano underwent a monetary reform, with new banknotes and coins being issued.

31/12/1891: Introduction of Bolivian boliviano

The boliviano was introduced as the official currency of Bolivia, replacing the Bolivian peso.
BOB ERN July 2023
BOB ERN August 2023
BOB ERN September 2023
BOB ERN October 2023
BOB ERN November 2023
BOB ERN December 2023
BOB ERN January 2024
BOB ERN February 2024
BOB ERN March 2024
BOB ERN April 2024
BOB ERN May 2024
BOB ERN June 2024
BOB ERN July 2024