Eritrean nakfa dominican peso exchange rate history (ERN DOP) December 2023

Eritrean nakfa dominican peso history for December 2023. The highest quote for this month is 3.8252 (23/12/2023) and the lowest 3.8252 (24/12/2023). The difference between high and low is 0.

ERN DOP average rate for December 2023 is 3.77856, the change between 01/12/2023 and 31/12/2023 is -1.63 %.

01 December 2023	1 ERN = 3.758 DOP
02 December 2023	1 ERN = 3.764 DOP
03 December 2023	1 ERN = 3.764 DOP
04 December 2023	1 ERN = 3.738 DOP
05 December 2023	1 ERN = 3.753 DOP
06 December 2023	1 ERN = 3.761 DOP
07 December 2023	1 ERN = 3.727 DOP
08 December 2023	1 ERN = 3.767 DOP
10 December 2023	1 ERN = 3.776 DOP
11 December 2023	1 ERN = 3.737 DOP
12 December 2023	1 ERN = 3.762 DOP
13 December 2023	1 ERN = 3.771 DOP
14 December 2023	1 ERN = 3.732 DOP
15 December 2023	1 ERN = 3.779 DOP
16 December 2023	1 ERN = 3.791 DOP
17 December 2023	1 ERN = 3.791 DOP
18 December 2023	1 ERN = 3.773 DOP
19 December 2023	1 ERN = 3.782 DOP
20 December 2023	1 ERN = 3.791 DOP
21 December 2023	1 ERN = 3.807 DOP
22 December 2023	1 ERN = 3.811 DOP
23 December 2023	1 ERN = 3.825 DOP
24 December 2023	1 ERN = 3.820 DOP
26 December 2023	1 ERN = 3.786 DOP
27 December 2023	1 ERN = 3.816 DOP
28 December 2023	1 ERN = 3.821 DOP
29 December 2023	1 ERN = 3.819 DOP

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.

01/10/2018: Redesign and Modernization of Banknotes

The Central Bank of the Dominican Republic unveils a redesigned series of banknotes with enhanced security features and modernized aesthetics.

22/01/2015: Dollarization policy imposed

Eritrea imposed a dollarization policy, making the US dollar the predominant currency for most transactions.

01/12/2011: New Security Features

To combat counterfeiting, the Central Bank of the Dominican Republic introduces new security features on the Peso Dominicano banknotes.

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.

01/03/2004: Transition to the Peso Dominicano

The Dominican Republic transitions from the Peso Oro to the Peso Dominicano, a new currency with a different exchange rate, to improve monetary stability.

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.

11/10/1947: Introduction of the Peso Oro

The Peso Oro is introduced as a new currency in the Dominican Republic, replacing the previous Peso. It is pegged to the US dollar at a fixed exchange rate.

09/01/1905: The Monetary Law of 1905

The Dominican government enacts the Monetary Law of 1905, which establishes the gold standard for the Peso, linking its value to the US dollar.

17/03/1877: Introduction of Paper Money

The first paper money denominated in the Dominican Peso is introduced, replacing the previously used gold and silver coins.

27/02/1844: Dominican Independence

After gaining independence from Haiti, the Dominican Republic introduces its own currency, the Peso, as a symbol of its sovereignty.

Historic Eritrean nakfa Dominican Peso