Historic Eritrean nakfa Liberian dollar

Eritrean nakfa liberian dollar history for February 2024. The highest quote for this month is 12.595 (27/02/2024) and the lowest 12.611 (27/02/2024). The difference between high and low is -0.13.

ERN LRD average rate for February 2024 is 12.57536, the change between 01/02/2024 and 29/02/2024 is -0.56 %.

01 February 20241 ERN = 12.54 LRD
02 February 20241 ERN = 12.56 LRD
03 February 20241 ERN = 12.57 LRD
04 February 20241 ERN = 12.57 LRD
05 February 20241 ERN = 12.55 LRD
06 February 20241 ERN = 12.57 LRD
07 February 20241 ERN = 12.54 LRD
08 February 20241 ERN = 12.56 LRD
09 February 20241 ERN = 12.54 LRD
12 February 20241 ERN = 12.57 LRD
13 February 20241 ERN = 12.56 LRD
14 February 20241 ERN = 12.58 LRD
15 February 20241 ERN = 12.59 LRD
16 February 20241 ERN = 12.57 LRD
17 February 20241 ERN = 12.58 LRD
19 February 20241 ERN = 12.57 LRD
20 February 20241 ERN = 12.59 LRD
21 February 20241 ERN = 12.58 LRD
22 February 20241 ERN = 12.60 LRD
23 February 20241 ERN = 12.59 LRD
24 February 20241 ERN = 12.59 LRD
26 February 20241 ERN = 12.61 LRD
27 February 20241 ERN = 12.60 LRD
28 February 20241 ERN = 12.61 LRD
29 February 20241 ERN = 12.61 LRD

29/06/2020: Introduction of New Banknotes

Liberia introduces new banknotes with enhanced security features to combat counterfeiting and improve confidence in the currency.

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.

14/10/2000: ECOWAS Intervention

ECOWAS forces intervene in Liberia, leading to improved stability and gradual recovery of the Liberian dollar.

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.

19/07/1997: Liberian Dollar Depreciation

The Liberian dollar experiences a significant depreciation due to economic mismanagement and the aftermath of the civil war.

26/01/1982: Liberian Civil War Begins

The Liberian civil war begins, leading to significant economic instability and devaluation of the Liberian dollar.

23/03/1907: Liberian Dollar Pegged to US Dollar

The Liberian dollar is pegged to the U.S. dollar at a ratio of 2:1, maintaining a fixed exchange rate for many years.

10/07/1849: Introduction of Liberian Dollar

The Liberian dollar is introduced as the official currency of Liberia, replacing the use of foreign currencies in the country.

26/07/1847: Liberian Independence

Liberia declares independence from the American Colonization Society, establishing the first republic in Africa.
ERN LRD January 2024
ERN LRD February 2024
ERN LRD March 2024
ERN LRD April 2024
ERN LRD May 2024
ERN LRD June 2024
ERN LRD July 2024
ERN LRD August 2024
ERN LRD September 2024
ERN LRD October 2024
ERN LRD November 2024
ERN LRD December 2024
ERN LRD January 2025