Historic Eritrean nakfa Dominican Peso

Eritrean nakfa dominican peso history for November 2023. The highest quote for this month is 3.7688 (12/11/2023) and the lowest 3.7714 (26/11/2023). The difference between high and low is -0.07.

ERN DOP average rate for November 2023 is 3.74938, the change between 01/11/2023 and 30/11/2023 is +0.02 %.

01 November 20231 ERN = 3.762 DOP
06 November 20231 ERN = 3.692 DOP
07 November 20231 ERN = 3.756 DOP
08 November 20231 ERN = 3.762 DOP
09 November 20231 ERN = 3.749 DOP
10 November 20231 ERN = 3.762 DOP
12 November 20231 ERN = 3.769 DOP
13 November 20231 ERN = 3.710 DOP
14 November 20231 ERN = 3.761 DOP
15 November 20231 ERN = 3.754 DOP
16 November 20231 ERN = 3.756 DOP
17 November 20231 ERN = 3.757 DOP
18 November 20231 ERN = 3.766 DOP
19 November 20231 ERN = 3.766 DOP
20 November 20231 ERN = 3.702 DOP
21 November 20231 ERN = 3.766 DOP
22 November 20231 ERN = 3.767 DOP
23 November 20231 ERN = 3.727 DOP
24 November 20231 ERN = 3.729 DOP
26 November 20231 ERN = 3.771 DOP
27 November 20231 ERN = 3.719 DOP
28 November 20231 ERN = 3.762 DOP
29 November 20231 ERN = 3.761 DOP
30 November 20231 ERN = 3.761 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.