Historic Eritrean nakfa Cambodian Riel

Eritrean nakfa cambodian riel history for October 2023. The highest quote for this month is 274.09 (21/10/2023) and the lowest 274.09 (21/10/2023). The difference between high and low is 0.

ERN KHR average rate for October 2023 is 271.81375, the change between 01/10/2023 and 31/10/2023 is -0.29 %.

01 October 20231 ERN = 273.3 KHR
03 October 20231 ERN = 273.2 KHR
04 October 20231 ERN = 273.1 KHR
06 October 20231 ERN = 266.8 KHR
07 October 20231 ERN = 273.8 KHR
09 October 20231 ERN = 266.7 KHR
10 October 20231 ERN = 267.7 KHR
11 October 20231 ERN = 273.9 KHR
13 October 20231 ERN = 273.8 KHR
16 October 20231 ERN = 267.8 KHR
17 October 20231 ERN = 273.6 KHR
18 October 20231 ERN = 273.4 KHR
19 October 20231 ERN = 267.6 KHR
20 October 20231 ERN = 273.8 KHR
21 October 20231 ERN = 274.1 KHR
22 October 20231 ERN = 273.8 KHR
23 October 20231 ERN = 267.4 KHR
24 October 20231 ERN = 273.4 KHR
25 October 20231 ERN = 273.8 KHR
26 October 20231 ERN = 273.6 KHR
27 October 20231 ERN = 273.6 KHR
29 October 20231 ERN = 273.7 KHR
30 October 20231 ERN = 267.6 KHR
31 October 20231 ERN = 274.1 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.