Historic Brunei dollar Eritrean nakfa

Brunei dollar eritrean nakfa history for February 2024. The highest quote for this month is 11.481 (02/02/2024) and the lowest 11.485 (02/02/2024). The difference between high and low is -0.03.

BND ERN average rate for February 2024 is 11.35537, the change between 01/02/2024 and 29/02/2024 is +0.56 %.

01 February 20241 BND = 11.46 ERN
02 February 20241 BND = 11.42 ERN
03 February 20241 BND = 11.22 ERN
04 February 20241 BND = 11.22 ERN
05 February 20241 BND = 11.38 ERN
06 February 20241 BND = 11.37 ERN
07 February 20241 BND = 11.39 ERN
08 February 20241 BND = 11.40 ERN
09 February 20241 BND = 11.38 ERN
12 February 20241 BND = 11.39 ERN
13 February 20241 BND = 11.40 ERN
14 February 20241 BND = 11.40 ERN
15 February 20241 BND = 11.35 ERN
16 February 20241 BND = 11.39 ERN
17 February 20241 BND = 11.19 ERN
18 February 20241 BND = 11.20 ERN
19 February 20241 BND = 11.39 ERN
20 February 20241 BND = 11.38 ERN
21 February 20241 BND = 11.40 ERN
22 February 20241 BND = 11.39 ERN
23 February 20241 BND = 11.43 ERN
24 February 20241 BND = 11.22 ERN
25 February 20241 BND = 11.22 ERN
26 February 20241 BND = 11.40 ERN
27 February 20241 BND = 11.41 ERN
28 February 20241 BND = 11.40 ERN
29 February 20241 BND = 11.40 ERN

01/01/2022: Removal of monarchy symbol

Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.

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.

21/07/2017: Commencement of New Series Polymer Banknotes

New series of polymer banknotes with modern designs entered circulation.

22/01/2015: Dollarization policy imposed

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

05/05/2013: Upgrade of polymer banknotes

Introduction of new polymer banknotes with enhanced security features.

01/07/2011: Introduction of Brunei-Indonesia Currency Agreement

Brunei dollar became interchangeable with Indonesian rupiah in specified regions.

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.

18/03/1996: Change in currency regime

Brunei dollar became fully backed by foreign exchange reserves instead of gold.

12/06/1973: Establishment of Brunei Currency Board

Currency Board assumed responsibility for the issuance and management of Brunei dollar.

27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement

Brunei and Singapore dollars became interchangeable at par.