Historic Brunei dollar Eritrean nakfa

Brunei dollar eritrean nakfa history for January 2024. The highest quote for this month is 11.582 (01/01/2024) and the lowest 11.588 (01/01/2024). The difference between high and low is -0.05.

BND ERN average rate for January 2024 is 11.45893, the change between 01/01/2024 and 31/01/2024 is +1.46 %.

01 January 20241 BND = 11.60 ERN
02 January 20241 BND = 11.59 ERN
03 January 20241 BND = 11.55 ERN
04 January 20241 BND = 11.55 ERN
05 January 20241 BND = 11.54 ERN
06 January 20241 BND = 11.34 ERN
07 January 20241 BND = 11.34 ERN
08 January 20241 BND = 11.53 ERN
09 January 20241 BND = 11.52 ERN
10 January 20241 BND = 11.51 ERN
11 January 20241 BND = 11.52 ERN
12 January 20241 BND = 11.52 ERN
14 January 20241 BND = 11.31 ERN
15 January 20241 BND = 11.53 ERN
16 January 20241 BND = 11.51 ERN
17 January 20241 BND = 11.41 ERN
18 January 20241 BND = 11.41 ERN
19 January 20241 BND = 11.40 ERN
22 January 20241 BND = 11.44 ERN
23 January 20241 BND = 11.42 ERN
24 January 20241 BND = 11.44 ERN
25 January 20241 BND = 11.46 ERN
26 January 20241 BND = 11.44 ERN
28 January 20241 BND = 11.24 ERN
29 January 20241 BND = 11.42 ERN
30 January 20241 BND = 11.43 ERN
31 January 20241 BND = 11.43 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.