Historic Eritrean nakfa Cambodian Riel

Eritrean nakfa cambodian riel history for January 2024. The highest quote for this month is 271.13 (06/01/2024) and the lowest 271.13 (07/01/2024). The difference between high and low is 0.

ERN KHR average rate for January 2024 is 268.67667, the change between 01/01/2024 and 31/01/2024 is -1.82 %.

01 January 20241 ERN = 265.6 KHR
02 January 20241 ERN = 265.8 KHR
03 January 20241 ERN = 270.4 KHR
04 January 20241 ERN = 270.1 KHR
05 January 20241 ERN = 270.9 KHR
06 January 20241 ERN = 271.1 KHR
07 January 20241 ERN = 271.1 KHR
08 January 20241 ERN = 265.1 KHR
09 January 20241 ERN = 271.1 KHR
10 January 20241 ERN = 266.1 KHR
11 January 20241 ERN = 270.6 KHR
12 January 20241 ERN = 270.8 KHR
14 January 20241 ERN = 270.5 KHR
15 January 20241 ERN = 264.6 KHR
16 January 20241 ERN = 264.5 KHR
17 January 20241 ERN = 265.4 KHR
18 January 20241 ERN = 270.1 KHR
19 January 20241 ERN = 270.2 KHR
22 January 20241 ERN = 264.2 KHR
23 January 20241 ERN = 270.2 KHR
24 January 20241 ERN = 269.9 KHR
25 January 20241 ERN = 269.9 KHR
26 January 20241 ERN = 270.1 KHR
28 January 20241 ERN = 270.1 KHR
29 January 20241 ERN = 265.3 KHR
30 January 20241 ERN = 270.1 KHR
31 January 20241 ERN = 270.4 KHR

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

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.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

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.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.
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