Historic Salvadoran Colón Eritrean nakfa

Salvadoran Colón eritrean nakfa history for February 2024. The highest quote for this month is 1.7681 (15/02/2024) and the lowest 1.7753 (02/02/2024). The difference between high and low is -0.41.

SVC ERN average rate for February 2024 is 1.75586, the change between 01/02/2024 and 29/02/2024 is +0.1 %.

01 February 20241 SVC = 1.770 ERN
02 February 20241 SVC = 1.765 ERN
03 February 20241 SVC = 1.720 ERN
04 February 20241 SVC = 1.720 ERN
05 February 20241 SVC = 1.751 ERN
06 February 20241 SVC = 1.763 ERN
07 February 20241 SVC = 1.766 ERN
08 February 20241 SVC = 1.765 ERN
09 February 20241 SVC = 1.766 ERN
12 February 20241 SVC = 1.767 ERN
13 February 20241 SVC = 1.768 ERN
14 February 20241 SVC = 1.767 ERN
15 February 20241 SVC = 1.765 ERN
16 February 20241 SVC = 1.768 ERN
17 February 20241 SVC = 1.722 ERN
18 February 20241 SVC = 1.722 ERN
19 February 20241 SVC = 1.767 ERN
20 February 20241 SVC = 1.765 ERN
21 February 20241 SVC = 1.767 ERN
22 February 20241 SVC = 1.765 ERN
23 February 20241 SVC = 1.766 ERN
24 February 20241 SVC = 1.722 ERN
25 February 20241 SVC = 1.722 ERN
26 February 20241 SVC = 1.766 ERN
27 February 20241 SVC = 1.767 ERN
28 February 20241 SVC = 1.765 ERN
29 February 20241 SVC = 1.768 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
SVC ERN March 2024
SVC ERN April 2024
SVC ERN May 2024
SVC ERN June 2024
SVC ERN July 2024
SVC ERN August 2024
SVC ERN September 2024
SVC ERN October 2024
SVC ERN November 2024
SVC ERN December 2024