Historic Salvadoran Colón Eritrean nakfa

Salvadoran Colón eritrean nakfa history for December 2023. The highest quote for this month is 1.7676 (19/12/2023) and the lowest 1.7833 (14/12/2023). The difference between high and low is -0.89.

SVC ERN average rate for December 2023 is 1.75275, the change between 01/12/2023 and 31/12/2023 is +0.4 %.

01 December 20231 SVC = 1.764 ERN
02 December 20231 SVC = 1.720 ERN
03 December 20231 SVC = 1.720 ERN
04 December 20231 SVC = 1.763 ERN
05 December 20231 SVC = 1.766 ERN
06 December 20231 SVC = 1.765 ERN
07 December 20231 SVC = 1.765 ERN
08 December 20231 SVC = 1.764 ERN
10 December 20231 SVC = 1.720 ERN
11 December 20231 SVC = 1.764 ERN
12 December 20231 SVC = 1.766 ERN
13 December 20231 SVC = 1.767 ERN
14 December 20231 SVC = 1.765 ERN
15 December 20231 SVC = 1.767 ERN
16 December 20231 SVC = 1.722 ERN
17 December 20231 SVC = 1.722 ERN
18 December 20231 SVC = 1.755 ERN
19 December 20231 SVC = 1.767 ERN
20 December 20231 SVC = 1.766 ERN
21 December 20231 SVC = 1.764 ERN
22 December 20231 SVC = 1.764 ERN
23 December 20231 SVC = 1.720 ERN
24 December 20231 SVC = 1.722 ERN
26 December 20231 SVC = 1.762 ERN
27 December 20231 SVC = 1.763 ERN
28 December 20231 SVC = 1.764 ERN
29 December 20231 SVC = 1.757 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.

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.
SVC ERN December 2023
SVC ERN January 2024
SVC ERN February 2024
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SVC ERN December 2024