Historic Eritrean nakfa Comorian Franc

Eritrean nakfa comorian franc history for February 2024. The highest quote for this month is 30.481 (14/02/2024) and the lowest 30.522 (14/02/2024). The difference between high and low is -0.13.

ERN KMF average rate for February 2024 is 30.26393, the change between 01/02/2024 and 29/02/2024 is -0.2 %.

01 February 20241 ERN = 30.10 KMF
02 February 20241 ERN = 30.10 KMF
03 February 20241 ERN = 30.30 KMF
04 February 20241 ERN = 30.30 KMF
05 February 20241 ERN = 30.26 KMF
06 February 20241 ERN = 30.30 KMF
07 February 20241 ERN = 30.39 KMF
08 February 20241 ERN = 30.36 KMF
09 February 20241 ERN = 30.30 KMF
12 February 20241 ERN = 30.30 KMF
13 February 20241 ERN = 30.26 KMF
14 February 20241 ERN = 30.48 KMF
15 February 20241 ERN = 30.47 KMF
16 February 20241 ERN = 30.33 KMF
17 February 20241 ERN = 30.39 KMF
18 February 20241 ERN = 30.39 KMF
19 February 20241 ERN = 30.33 KMF
20 February 20241 ERN = 30.30 KMF
21 February 20241 ERN = 30.21 KMF
22 February 20241 ERN = 30.25 KMF
23 February 20241 ERN = 30.16 KMF
24 February 20241 ERN = 30.15 KMF
25 February 20241 ERN = 30.15 KMF
26 February 20241 ERN = 30.20 KMF
27 February 20241 ERN = 30.09 KMF
28 February 20241 ERN = 30.13 KMF
29 February 20241 ERN = 30.16 KMF

18/01/2021: Suspension of Eco adoption

The Central Bank of the Comoros suspended the adoption of the Eco currency, retaining the Comorian Franc as the official currency.

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.

01/01/2019: Replacement of the Franc by the Eco

Comoros agreed to replace the Comorian Franc with the proposed Eco currency, along with other West African countries.

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.

01/07/1997: Revaluation of the Comorian Franc

The Comorian Franc was revalued at a ratio of 1 new Franc to 75 old Francs, reducing the value of the currency.

20/06/1994: Introduction of the New Comorian Franc

Comoros introduced a new series of banknotes and coins, replacing the old Comorian Franc.

01/01/1976: Establishment of the Central Bank of Comoros

The Central Bank of Comoros was established to manage the monetary policies and issue the Comorian Franc.

06/07/1975: Independence of Comoros

Comoros gained independence from France, but continued using the Comorian Franc as its currency.

01/01/1920: Introduction of the Comorian Franc

The Comorian Franc was introduced as the official currency of Comoros by the French colonial administration.
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