Historic Dominican Peso Eritrean nakfa

Dominican Peso eritrean nakfa history for November 2023. The highest quote for this month is 0.26915 (20/11/2023) and the lowest 0.27226 (15/11/2023). The difference between high and low is -1.16.

DOP ERN average rate for November 2023 is 0.26672, the change between 01/11/2023 and 30/11/2023 is -0.02 %.

01 November 20231 DOP = 0.2659 ERN
06 November 20231 DOP = 0.2709 ERN
07 November 20231 DOP = 0.2663 ERN
08 November 20231 DOP = 0.2658 ERN
09 November 20231 DOP = 0.2667 ERN
10 November 20231 DOP = 0.2658 ERN
12 November 20231 DOP = 0.2653 ERN
13 November 20231 DOP = 0.2695 ERN
14 November 20231 DOP = 0.2659 ERN
15 November 20231 DOP = 0.2664 ERN
16 November 20231 DOP = 0.2663 ERN
17 November 20231 DOP = 0.2662 ERN
18 November 20231 DOP = 0.2655 ERN
19 November 20231 DOP = 0.2655 ERN
20 November 20231 DOP = 0.2702 ERN
21 November 20231 DOP = 0.2656 ERN
22 November 20231 DOP = 0.2654 ERN
23 November 20231 DOP = 0.2683 ERN
24 November 20231 DOP = 0.2682 ERN
26 November 20231 DOP = 0.2652 ERN
27 November 20231 DOP = 0.2689 ERN
28 November 20231 DOP = 0.2658 ERN
29 November 20231 DOP = 0.2659 ERN
30 November 20231 DOP = 0.2659 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.

01/10/2018: Redesign and Modernization of Banknotes

The Central Bank of the Dominican Republic unveils a redesigned series of banknotes with enhanced security features and modernized aesthetics.

22/01/2015: Dollarization policy imposed

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

01/12/2011: New Security Features

To combat counterfeiting, the Central Bank of the Dominican Republic introduces new security features on the Peso Dominicano banknotes.

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.

01/03/2004: Transition to the Peso Dominicano

The Dominican Republic transitions from the Peso Oro to the Peso Dominicano, a new currency with a different exchange rate, to improve monetary stability.

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.

11/10/1947: Introduction of the Peso Oro

The Peso Oro is introduced as a new currency in the Dominican Republic, replacing the previous Peso. It is pegged to the US dollar at a fixed exchange rate.

09/01/1905: The Monetary Law of 1905

The Dominican government enacts the Monetary Law of 1905, which establishes the gold standard for the Peso, linking its value to the US dollar.

17/03/1877: Introduction of Paper Money

The first paper money denominated in the Dominican Peso is introduced, replacing the previously used gold and silver coins.

27/02/1844: Dominican Independence

After gaining independence from Haiti, the Dominican Republic introduces its own currency, the Peso, as a symbol of its sovereignty.
DOP ERN August 2023
DOP ERN September 2023
DOP ERN October 2023
DOP ERN November 2023
DOP ERN December 2023
DOP ERN January 2024
DOP ERN February 2024
DOP ERN March 2024
DOP ERN April 2024
DOP ERN May 2024
DOP ERN June 2024
DOP ERN July 2024
DOP ERN August 2024