Historic Bolivian boliviano Eritrean nakfa

Bolivian boliviano eritrean nakfa history for February 2024. The highest quote for this month is 2.2423 (15/02/2024) and the lowest 2.2509 (02/02/2024). The difference between high and low is -0.38.

BOB ERN average rate for February 2024 is 2.22893, the change between 01/02/2024 and 29/02/2024 is +0.1 %.

01 February 20241 BOB = 2.245 ERN
02 February 20241 BOB = 2.239 ERN
03 February 20241 BOB = 2.194 ERN
04 February 20241 BOB = 2.194 ERN
05 February 20241 BOB = 2.220 ERN
06 February 20241 BOB = 2.236 ERN
07 February 20241 BOB = 2.240 ERN
08 February 20241 BOB = 2.238 ERN
09 February 20241 BOB = 2.232 ERN
12 February 20241 BOB = 2.240 ERN
13 February 20241 BOB = 2.241 ERN
14 February 20241 BOB = 2.241 ERN
15 February 20241 BOB = 2.239 ERN
16 February 20241 BOB = 2.242 ERN
17 February 20241 BOB = 2.197 ERN
18 February 20241 BOB = 2.197 ERN
19 February 20241 BOB = 2.241 ERN
20 February 20241 BOB = 2.239 ERN
21 February 20241 BOB = 2.241 ERN
22 February 20241 BOB = 2.238 ERN
23 February 20241 BOB = 2.240 ERN
24 February 20241 BOB = 2.197 ERN
25 February 20241 BOB = 2.197 ERN
26 February 20241 BOB = 2.240 ERN
27 February 20241 BOB = 2.241 ERN
28 February 20241 BOB = 2.233 ERN
29 February 20241 BOB = 2.243 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