Historic Eritrean nakfa Belarusian ruble

Eritrean nakfa belarusian ruble history for January 2024. The highest quote for this month is 0.21952 (01/01/2024) and the lowest 0.2194 (01/01/2024). The difference between high and low is 0.05.

ERN BYN average rate for January 2024 is 0.21738, the change between 01/01/2024 and 31/01/2024 is +0.95 %.

01 January 20241 ERN = 0.2192 BYN
02 January 20241 ERN = 0.2194 BYN
03 January 20241 ERN = 0.2192 BYN
04 January 20241 ERN = 0.2186 BYN
05 January 20241 ERN = 0.2188 BYN
06 January 20241 ERN = 0.2190 BYN
07 January 20241 ERN = 0.2190 BYN
08 January 20241 ERN = 0.2185 BYN
09 January 20241 ERN = 0.2187 BYN
10 January 20241 ERN = 0.2170 BYN
11 January 20241 ERN = 0.2168 BYN
12 January 20241 ERN = 0.2171 BYN
14 January 20241 ERN = 0.2173 BYN
15 January 20241 ERN = 0.2166 BYN
16 January 20241 ERN = 0.2166 BYN
17 January 20241 ERN = 0.2175 BYN
18 January 20241 ERN = 0.2168 BYN
19 January 20241 ERN = 0.2171 BYN
22 January 20241 ERN = 0.2167 BYN
23 January 20241 ERN = 0.2170 BYN
24 January 20241 ERN = 0.2168 BYN
25 January 20241 ERN = 0.2168 BYN
26 January 20241 ERN = 0.2170 BYN
28 January 20241 ERN = 0.2170 BYN
29 January 20241 ERN = 0.2173 BYN
30 January 20241 ERN = 0.2103 BYN
31 January 20241 ERN = 0.2171 BYN

01/01/2021: Introduction of New Banknotes

New banknotes with enhanced security features were introduced, replacing the previous designs.

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.

20/12/2016: Abolishment of Currency Controls

Belarus abolished most of the currency controls, allowing for greater flexibility in foreign currency transactions.

22/01/2015: Dollarization policy imposed

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

01/01/2015: Introduction of Currency Controls

To stabilize the economy, Belarus implemented currency controls, restricting foreign currency transactions.

22/12/2014: Devaluation of the Belarusian Ruble

The Belarusian Ruble experienced a significant devaluation, causing a sharp drop in its value against major currencies.

01/07/2011: Creation of the Single Currency Market

The Single Currency Market was established, allowing for unified exchange rates between the Belarusian Ruble and foreign currencies.

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.

01/01/2000: Redenomination of the Belarusian Ruble

The Belarusian Ruble underwent a redenomination, with four zeros being removed from the currency.

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.

26/05/1992: Introduction of the Belarusian Ruble

The Belarusian Ruble was introduced as the official currency of Belarus, replacing the Soviet ruble.
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