Eritrean nakfa honduran lempira exchange rate history (ERN HNL) January 2024

Eritrean nakfa honduran lempira history for January 2024. The highest quote for this month is 1.6351 (14/01/2024) and the lowest 1.6359 (06/01/2024). The difference between high and low is -0.05.

ERN HNL average rate for January 2024 is 1.62031, the change between 01/01/2024 and 31/01/2024 is -1.21 %.

01 January 2024	1 ERN = 1.610 HNL
02 January 2024	1 ERN = 1.612 HNL
03 January 2024	1 ERN = 1.635 HNL
04 January 2024	1 ERN = 1.632 HNL
05 January 2024	1 ERN = 1.607 HNL
06 January 2024	1 ERN = 1.634 HNL
07 January 2024	1 ERN = 1.634 HNL
08 January 2024	1 ERN = 1.604 HNL
09 January 2024	1 ERN = 1.628 HNL
10 January 2024	1 ERN = 1.608 HNL
11 January 2024	1 ERN = 1.606 HNL
12 January 2024	1 ERN = 1.609 HNL
14 January 2024	1 ERN = 1.635 HNL
15 January 2024	1 ERN = 1.604 HNL
16 January 2024	1 ERN = 1.604 HNL
17 January 2024	1 ERN = 1.610 HNL
18 January 2024	1 ERN = 1.628 HNL
19 January 2024	1 ERN = 1.630 HNL
22 January 2024	1 ERN = 1.605 HNL
23 January 2024	1 ERN = 1.629 HNL
24 January 2024	1 ERN = 1.628 HNL
25 January 2024	1 ERN = 1.629 HNL
26 January 2024	1 ERN = 1.626 HNL
28 January 2024	1 ERN = 1.633 HNL
29 January 2024	1 ERN = 1.610 HNL
30 January 2024	1 ERN = 1.629 HNL
31 January 2024	1 ERN = 1.630 HNL

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.

07/10/2019: Modernization of Banknotes

The Honduran Central Bank launched new banknotes with enhanced security features and improved designs to deter counterfeiting.

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.

27/01/2009: Currency Crisis

Honduras faced a severe currency crisis due to political instability, causing a decline in the value of the Lempira.

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.

15/06/1997: Monetary Integration

Honduras became a member of the Central American Monetary Integration System, aiming to promote economic stability and regional cooperation.

15/03/1967: Introduction of the New Lempira

A new design and denomination of the Lempira banknotes were introduced in order to combat counterfeiting.

03/09/1950: Devaluation of the Lempira

The Lempira experienced a significant devaluation, causing economic instability and inflation in Honduras.

11/10/1940: Monetary Reforms

Honduran government implemented monetary reforms to stabilize the Lempira and improve its value.

07/03/1931: Creation of the Lempira

The Honduran currency, the Lempira, was introduced to replace the Honduran peso as the official currency.

Historic Eritrean nakfa Honduran lempira