Historic Eritrean nakfa Salvadoran Colón

Eritrean nakfa salvadoran colón history for January 2024. The highest quote for this month is 0.5814 (14/01/2024) and the lowest 0.5814 (06/01/2024). The difference between high and low is 0.

ERN SVC average rate for January 2024 is 0.56845, the change between 01/01/2024 and 31/01/2024 is +0.12 %.

01 January 20241 ERN = 0.5673 SVC
02 January 20241 ERN = 0.5678 SVC
03 January 20241 ERN = 0.5670 SVC
04 January 20241 ERN = 0.5655 SVC
05 January 20241 ERN = 0.5661 SVC
06 January 20241 ERN = 0.5806 SVC
07 January 20241 ERN = 0.5806 SVC
08 January 20241 ERN = 0.5652 SVC
09 January 20241 ERN = 0.5658 SVC
10 January 20241 ERN = 0.5666 SVC
11 January 20241 ERN = 0.5661 SVC
12 January 20241 ERN = 0.5669 SVC
14 January 20241 ERN = 0.5814 SVC
15 January 20241 ERN = 0.5653 SVC
16 January 20241 ERN = 0.5655 SVC
17 January 20241 ERN = 0.5676 SVC
18 January 20241 ERN = 0.5660 SVC
19 January 20241 ERN = 0.5668 SVC
22 January 20241 ERN = 0.5656 SVC
23 January 20241 ERN = 0.5666 SVC
24 January 20241 ERN = 0.5657 SVC
25 January 20241 ERN = 0.5659 SVC
26 January 20241 ERN = 0.5663 SVC
28 January 20241 ERN = 0.5806 SVC
29 January 20241 ERN = 0.5672 SVC
30 January 20241 ERN = 0.5656 SVC
31 January 20241 ERN = 0.5667 SVC

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.

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.
ERN SVC January 2024
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ERN SVC January 2025