Historic Eritrean nakfa Haitian gourde

Eritrean nakfa haitian gourde history for February 2024. The highest quote for this month is 8.7621 (28/02/2024) and the lowest 8.7683 (28/02/2024). The difference between high and low is -0.07.

ERN HTG average rate for February 2024 is 8.71389, the change between 01/02/2024 and 29/02/2024 is -1.04 %.

01 February 20241 ERN = 8.66 HTG
02 February 20241 ERN = 8.68 HTG
03 February 20241 ERN = 8.74 HTG
04 February 20241 ERN = 8.74 HTG
05 February 20241 ERN = 8.75 HTG
06 February 20241 ERN = 8.69 HTG
07 February 20241 ERN = 8.68 HTG
08 February 20241 ERN = 8.69 HTG
09 February 20241 ERN = 8.68 HTG
12 February 20241 ERN = 8.68 HTG
13 February 20241 ERN = 8.67 HTG
14 February 20241 ERN = 8.68 HTG
15 February 20241 ERN = 8.69 HTG
16 February 20241 ERN = 8.68 HTG
17 February 20241 ERN = 8.73 HTG
18 February 20241 ERN = 8.73 HTG
19 February 20241 ERN = 8.69 HTG
20 February 20241 ERN = 8.72 HTG
21 February 20241 ERN = 8.71 HTG
22 February 20241 ERN = 8.74 HTG
23 February 20241 ERN = 8.73 HTG
24 February 20241 ERN = 8.76 HTG
25 February 20241 ERN = 8.76 HTG
26 February 20241 ERN = 8.74 HTG
27 February 20241 ERN = 8.75 HTG
28 February 20241 ERN = 8.76 HTG
29 February 20241 ERN = 8.75 HTG

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.

22/12/2003: Redenomination of the Haitian Currency

To simplify transactions, the Haitian government removes three zeros from the gourde and renames it as the Haitian dollar (HTD), later reverting to the gourde (HTG).

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.

30/09/1991: Overthrow of President Jean-Bertrand Aristide

Political instability and economic crisis lead to President Aristide's ousting, causing further depreciation of the gourde.

01/05/1989: Introduction of the Third Haitian Gourde

A third gourde is introduced to replace the second gourde at a ratio of 1:5, with hopes of stabilizing the economy.

01/02/1967: Introduction of the Second Haitian Gourde

To combat inflation, Haiti replaces the first gourde with a new currency, the second gourde, at a ratio of 1:100.

01/07/1912: Establishment of the Banque Nationale de la République d'Haïti

The Banque Nationale de la République d'Haïti is founded as the central bank responsible for managing the gourde.

01/01/1874: Introduction of the First Haitian Gourde

The Haitian government issues the first official currency, the gourde, to replace various fractional currencies.

01/01/1804: Declaration of Independence

After gaining independence from France, Haiti adopts the gourde as its national currency.
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