Historic Eritrean nakfa Surinamese dollar

Eritrean nakfa surinamese dollar history for February 2024. The highest quote for this month is 2.4253 (02/02/2024) and the lowest 2.4199 (02/02/2024). The difference between high and low is 0.22.

ERN SRD average rate for February 2024 is 2.37909, the change between 01/02/2024 and 29/02/2024 is +3.92 %.

01 February 20241 ERN = 2.419 SRD
02 February 20241 ERN = 2.420 SRD
03 February 20241 ERN = 2.420 SRD
04 February 20241 ERN = 2.420 SRD
05 February 20241 ERN = 2.405 SRD
06 February 20241 ERN = 2.421 SRD
07 February 20241 ERN = 2.402 SRD
08 February 20241 ERN = 2.411 SRD
09 February 20241 ERN = 2.402 SRD
12 February 20241 ERN = 2.405 SRD
13 February 20241 ERN = 2.402 SRD
14 February 20241 ERN = 2.389 SRD
15 February 20241 ERN = 2.392 SRD
16 February 20241 ERN = 2.387 SRD
17 February 20241 ERN = 2.387 SRD
18 February 20241 ERN = 2.387 SRD
19 February 20241 ERN = 2.373 SRD
20 February 20241 ERN = 2.340 SRD
21 February 20241 ERN = 2.354 SRD
22 February 20241 ERN = 2.355 SRD
23 February 20241 ERN = 2.349 SRD
24 February 20241 ERN = 2.349 SRD
25 February 20241 ERN = 2.349 SRD
26 February 20241 ERN = 2.324 SRD
27 February 20241 ERN = 2.323 SRD
28 February 20241 ERN = 2.324 SRD
29 February 20241 ERN = 2.324 SRD

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.

01/01/2019: Redenomination of the Surinamese dollar

The Surinamese dollar underwent a redenomination with 1 new dollar (SRD) being equal to 1,000 old dollars (SRG).

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.

01/01/2011: Introduction of new banknotes

New banknotes with updated designs and security features were introduced to replace the older series of Surinamese dollar 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.

01/01/2004: Replacement of banknotes

New banknotes were introduced with enhanced security features to replace the older series of Surinamese dollar banknotes.

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.

23/12/1991: Devaluation of the Surinamese dollar

The Surinamese dollar was devalued by 100%, resulting in an exchange rate of 1 dollar to 200 guilders.

01/10/1985: Introduction of the Surinamese dollar

The Surinamese dollar was introduced as the new currency of Suriname at a rate of 1 dollar to 1,000 guilders.

01/01/1962: Introduction of the Surinamese guilder

The Surinamese guilder was introduced as the official currency of Suriname, replacing the Dutch guilder.

31/12/1954: Independence of Suriname

Suriname gained independence from the Kingdom of the Netherlands, leading to the introduction of the Surinamese guilder as its official currency.
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