Historic Eritrean nakfa Gambian dalasi

Eritrean nakfa gambian dalasi history for January 2024. The highest quote for this month is 4.436 (30/01/2024) and the lowest 4.4385 (30/01/2024). The difference between high and low is -0.06.

ERN GMD average rate for January 2024 is 4.42153, the change between 01/01/2024 and 31/01/2024 is -0.21 %.

01 January 20241 ERN = 4.429 GMD
02 January 20241 ERN = 4.423 GMD
03 January 20241 ERN = 4.429 GMD
04 January 20241 ERN = 4.409 GMD
05 January 20241 ERN = 4.409 GMD
08 January 20241 ERN = 4.412 GMD
09 January 20241 ERN = 4.406 GMD
10 January 20241 ERN = 4.412 GMD
11 January 20241 ERN = 4.416 GMD
12 January 20241 ERN = 4.422 GMD
15 January 20241 ERN = 4.416 GMD
16 January 20241 ERN = 4.416 GMD
17 January 20241 ERN = 4.422 GMD
18 January 20241 ERN = 4.413 GMD
19 January 20241 ERN = 4.422 GMD
22 January 20241 ERN = 4.413 GMD
23 January 20241 ERN = 4.435 GMD
24 January 20241 ERN = 4.429 GMD
25 January 20241 ERN = 4.429 GMD
26 January 20241 ERN = 4.426 GMD
29 January 20241 ERN = 4.432 GMD
30 January 20241 ERN = 4.436 GMD
31 January 20241 ERN = 4.439 GMD

11/01/2021: New polymer banknotes

Polymer banknotes are introduced in The Gambia for the first time, replacing the previous paper banknotes to enhance durability and security.

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.

06/08/2019: New family of banknotes

The Central Bank of The Gambia introduces a new family of Gambian dalasi banknotes with improved security features.

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.

16/06/1997: Introduction of the 25 dalasis note

A new 25-dalasis banknote is introduced, featuring the portrait of President Jammeh, to commemorate 25 years of his rule.

22/07/1996: Change of banknotes and coins

New banknotes and coins featuring the portrait of President Jammeh are introduced, replacing the previous designs.

02/07/1987: Currency redenomination

The Gambian dalasi undergoes a redenomination, with 1 old dalasi being replaced by 10 new dalasis.

01/07/1977: Conversion to decimal currency

The Gambian dalasi is decimalized, with 1 dalasi being divided into 100 bututs.

27/07/1971: Introduction of the Gambian dalasi

The Gambian dalasi currency is introduced to replace the Gambian pound as the official currency of The Gambia.
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