Historic Eritrean nakfa Falkland Islands pound

Eritrean nakfa falkland islands pound history for January 2024. The highest quote for this month is 0.052621 (17/01/2024) and the lowest 0.052532 (03/01/2024). The difference between high and low is 0.17.

ERN FKP average rate for January 2024 is 0.05223, the change between 01/01/2024 and 31/01/2024 is -0.21 %.

01 January 20241 ERN = 0.0521 FKP
02 January 20241 ERN = 0.0525 FKP
03 January 20241 ERN = 0.0525 FKP
04 January 20241 ERN = 0.0522 FKP
05 January 20241 ERN = 0.0521 FKP
08 January 20241 ERN = 0.0522 FKP
09 January 20241 ERN = 0.0521 FKP
10 January 20241 ERN = 0.0522 FKP
11 January 20241 ERN = 0.0521 FKP
12 January 20241 ERN = 0.0521 FKP
15 January 20241 ERN = 0.0521 FKP
16 January 20241 ERN = 0.0524 FKP
17 January 20241 ERN = 0.0525 FKP
18 January 20241 ERN = 0.0524 FKP
19 January 20241 ERN = 0.0523 FKP
22 January 20241 ERN = 0.0521 FKP
23 January 20241 ERN = 0.0524 FKP
24 January 20241 ERN = 0.0520 FKP
25 January 20241 ERN = 0.0521 FKP
26 January 20241 ERN = 0.0521 FKP
29 January 20241 ERN = 0.0524 FKP
30 January 20241 ERN = 0.0523 FKP
31 January 20241 ERN = 0.0522 FKP

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.

18/07/2016: New Polymer Banknotes Issued

The Falkland Islands government introduces new polymer banknotes to replace the older paper versions, enhancing the durability and security of their currency.

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.

14/06/1983: Pegging to the Pound Sterling

The Falkland Islands pound (FKP) is officially pegged to the British pound sterling (GBP) at a 1:1 ratio, ensuring a stable exchange rate.

14/05/1971: New Decimalized Currency Introduced

The Falkland Islands pound (FKP) is decimalized, with the introduction of a new currency system based on the decimal system.

28/04/1899: Currency Board Established

The Falkland Islands Currency Board is established, introducing the first Falkland Islands pound (FKP) as the official currency.

02/01/1833: Argentina Removed from Islands

British forces remove Argentine authorities from the Falkland Islands, solidifying British control over the territory.

03/01/1829: First British Colony Declared

British Captain Onslow declares the Falkland Islands a British colony, leading to the establishment of a formal British presence in the region.

02/01/1764: First British Settlement

British Captain Byron claims the Falkland Islands for Britain, establishing the first permanent British settlement in the region.
ERN FKP January 2024
ERN FKP February 2024
ERN FKP March 2024
ERN FKP April 2024
ERN FKP May 2024
ERN FKP June 2024
ERN FKP July 2024
ERN FKP August 2024
ERN FKP September 2024
ERN FKP October 2024
ERN FKP November 2024
ERN FKP December 2024
ERN FKP January 2025