Historic Eritrean nakfa Brunei dollar

Eritrean nakfa brunei dollar history for February 2024. The highest quote for this month is 0.08933 (17/02/2024) and the lowest 0.08933 (17/02/2024). The difference between high and low is 0.

ERN BND average rate for February 2024 is 0.08807, the change between 01/02/2024 and 29/02/2024 is -0.55 %.

01 February 20241 ERN = 0.0872 BND
02 February 20241 ERN = 0.0876 BND
03 February 20241 ERN = 0.0892 BND
04 February 20241 ERN = 0.0892 BND
05 February 20241 ERN = 0.0879 BND
06 February 20241 ERN = 0.0880 BND
07 February 20241 ERN = 0.0878 BND
08 February 20241 ERN = 0.0877 BND
09 February 20241 ERN = 0.0879 BND
12 February 20241 ERN = 0.0878 BND
13 February 20241 ERN = 0.0877 BND
14 February 20241 ERN = 0.0877 BND
15 February 20241 ERN = 0.0881 BND
16 February 20241 ERN = 0.0878 BND
17 February 20241 ERN = 0.0893 BND
18 February 20241 ERN = 0.0893 BND
19 February 20241 ERN = 0.0878 BND
20 February 20241 ERN = 0.0879 BND
21 February 20241 ERN = 0.0877 BND
22 February 20241 ERN = 0.0878 BND
23 February 20241 ERN = 0.0875 BND
24 February 20241 ERN = 0.0891 BND
25 February 20241 ERN = 0.0891 BND
26 February 20241 ERN = 0.0877 BND
27 February 20241 ERN = 0.0877 BND
28 February 20241 ERN = 0.0877 BND
29 February 20241 ERN = 0.0877 BND

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.
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