Eritrean nakfa kenyan shilling exchange rate history (ERN KES) November 2023

Eritrean nakfa kenyan shilling history for November 2023. The highest quote for this month is 10.146 (28/11/2023) and the lowest 10.138 (26/11/2023). The difference between high and low is 0.08.

ERN KES average rate for November 2023 is 10.04125, the change between 01/11/2023 and 30/11/2023 is -1.67 %.

01 November 2023	1 ERN = 9.94 KES
06 November 2023	1 ERN = 9.79 KES
07 November 2023	1 ERN = 10.03 KES
08 November 2023	1 ERN = 10.06 KES
09 November 2023	1 ERN = 9.99 KES
10 November 2023	1 ERN = 10.02 KES
12 November 2023	1 ERN = 10.08 KES
13 November 2023	1 ERN = 9.98 KES
14 November 2023	1 ERN = 10.03 KES
15 November 2023	1 ERN = 10.09 KES
16 November 2023	1 ERN = 10.03 KES
17 November 2023	1 ERN = 10.04 KES
18 November 2023	1 ERN = 10.11 KES
19 November 2023	1 ERN = 10.11 KES
20 November 2023	1 ERN = 9.97 KES
21 November 2023	1 ERN = 10.05 KES
22 November 2023	1 ERN = 10.07 KES
23 November 2023	1 ERN = 10.09 KES
24 November 2023	1 ERN = 10.08 KES
26 November 2023	1 ERN = 10.14 KES
27 November 2023	1 ERN = 10.00 KES
28 November 2023	1 ERN = 10.10 KES
29 November 2023	1 ERN = 10.11 KES
30 November 2023	1 ERN = 10.11 KES

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.

01/10/2019: New Generation Banknotes

Kenya introduced a new series of banknotes with enhanced security features and design elements to fight illicit financial activities.

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.

01/07/2010: Introduction of New Currency Denominations

Kenya introduced new currency denominations, including the 1000 shilling note, to combat money laundering and illegal financial activities.

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.

14/09/1994: Transition to New Currency

Kenya introduced a new design of banknotes and coins to counter counterfeiting and promote national identity.

01/07/1985: Second Devaluation of the Shilling

The Kenyan shilling was further devalued by 30% as part of economic reforms and structural adjustments.

14/09/1980: Devaluation of the Shilling

The Kenyan shilling was devalued by 30% as part of an austerity measure to address the country's economic challenges.

14/06/1969: Decimalization of the Shilling

Kenya decimalized its currency, dividing the shilling into 100 cents for easier transactions and financial calculations.

14/06/1966: Introduction of the Kenyan Shilling

The Kenyan shilling was introduced as the official currency of Kenya replacing the East African shilling as a result of Kenya's independence from British colonial rule.

Historic Eritrean nakfa Kenyan shilling