Historic Eritrean nakfa Comorian Franc

Eritrean nakfa comorian franc history for January 2024. The highest quote for this month is 30.192 (30/01/2024) and the lowest 30.153 (30/01/2024). The difference between high and low is 0.13.

ERN KMF average rate for January 2024 is 29.89326, the change between 01/01/2024 and 31/01/2024 is -2.53 %.

01 January 20241 ERN = 29.41 KMF
02 January 20241 ERN = 29.51 KMF
03 January 20241 ERN = 29.55 KMF
04 January 20241 ERN = 29.86 KMF
05 January 20241 ERN = 29.83 KMF
06 January 20241 ERN = 29.96 KMF
07 January 20241 ERN = 29.96 KMF
08 January 20241 ERN = 29.87 KMF
09 January 20241 ERN = 29.83 KMF
10 January 20241 ERN = 29.87 KMF
11 January 20241 ERN = 29.76 KMF
12 January 20241 ERN = 29.80 KMF
14 January 20241 ERN = 29.83 KMF
15 January 20241 ERN = 29.76 KMF
16 January 20241 ERN = 29.76 KMF
17 January 20241 ERN = 29.85 KMF
18 January 20241 ERN = 30.03 KMF
19 January 20241 ERN = 30.07 KMF
22 January 20241 ERN = 30.03 KMF
23 January 20241 ERN = 30.00 KMF
24 January 20241 ERN = 29.96 KMF
25 January 20241 ERN = 29.96 KMF
26 January 20241 ERN = 30.11 KMF
28 January 20241 ERN = 30.06 KMF
29 January 20241 ERN = 30.15 KMF
30 January 20241 ERN = 30.19 KMF
31 January 20241 ERN = 30.15 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.
ERN KMF January 2024
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ERN KMF January 2025