Historic Eritrean nakfa Dominican Peso

Eritrean nakfa dominican peso history for February 2024. The highest quote for this month is 3.9145 (14/02/2024) and the lowest 3.8983 (04/02/2024). The difference between high and low is 0.41.

ERN DOP average rate for February 2024 is 3.88253, the change between 01/02/2024 and 29/02/2024 is +0.94 %.

01 February 20241 ERN = 3.879 DOP
02 February 20241 ERN = 3.874 DOP
03 February 20241 ERN = 3.898 DOP
04 February 20241 ERN = 3.898 DOP
05 February 20241 ERN = 3.893 DOP
06 February 20241 ERN = 3.865 DOP
07 February 20241 ERN = 3.892 DOP
08 February 20241 ERN = 3.894 DOP
09 February 20241 ERN = 3.872 DOP
12 February 20241 ERN = 3.846 DOP
13 February 20241 ERN = 3.875 DOP
14 February 20241 ERN = 3.862 DOP
15 February 20241 ERN = 3.870 DOP
16 February 20241 ERN = 3.875 DOP
17 February 20241 ERN = 3.880 DOP
18 February 20241 ERN = 3.880 DOP
19 February 20241 ERN = 3.891 DOP
20 February 20241 ERN = 3.895 DOP
21 February 20241 ERN = 3.889 DOP
22 February 20241 ERN = 3.882 DOP
23 February 20241 ERN = 3.902 DOP
24 February 20241 ERN = 3.892 DOP
25 February 20241 ERN = 3.892 DOP
26 February 20241 ERN = 3.901 DOP
27 February 20241 ERN = 3.889 DOP
28 February 20241 ERN = 3.902 DOP
29 February 20241 ERN = 3.842 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.
ERN DOP August 2023
ERN DOP September 2023
ERN DOP October 2023
ERN DOP November 2023
ERN DOP December 2023
ERN DOP January 2024
ERN DOP February 2024
ERN DOP March 2024
ERN DOP April 2024
ERN DOP May 2024
ERN DOP June 2024
ERN DOP July 2024
ERN DOP August 2024