Historic Eritrean nakfa Paraguayan Guaraní

Eritrean nakfa paraguayan guaraní history for February 2024. The highest quote for this month is 483.89 (17/02/2024) and the lowest 483.89 (17/02/2024). The difference between high and low is 0.

ERN PYG average rate for February 2024 is 477.34481, the change between 01/02/2024 and 29/02/2024 is -0.32 %.

01 February 20241 ERN = 474.3 PYG
02 February 20241 ERN = 475.6 PYG
03 February 20241 ERN = 482.8 PYG
04 February 20241 ERN = 482.8 PYG
05 February 20241 ERN = 479.4 PYG
06 February 20241 ERN = 475.3 PYG
07 February 20241 ERN = 474.0 PYG
08 February 20241 ERN = 475.5 PYG
09 February 20241 ERN = 475.9 PYG
12 February 20241 ERN = 475.7 PYG
13 February 20241 ERN = 475.3 PYG
14 February 20241 ERN = 475.4 PYG
15 February 20241 ERN = 475.1 PYG
16 February 20241 ERN = 475.3 PYG
17 February 20241 ERN = 483.9 PYG
18 February 20241 ERN = 483.9 PYG
19 February 20241 ERN = 475.9 PYG
20 February 20241 ERN = 476.6 PYG
21 February 20241 ERN = 476.6 PYG
22 February 20241 ERN = 476.8 PYG
23 February 20241 ERN = 475.2 PYG
24 February 20241 ERN = 482.6 PYG
25 February 20241 ERN = 482.6 PYG
26 February 20241 ERN = 475.3 PYG
27 February 20241 ERN = 474.8 PYG
28 February 20241 ERN = 475.7 PYG
29 February 20241 ERN = 475.9 PYG

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.

31/07/2013: Polymer Banknotes Issued

Polymer banknotes were issued in Paraguay, enhancing durability and counterfeit resistance of currency notes.

24/10/2011: Currency Redenomination

A currency redenomination took place, where 1,000 old Guaraní became equal to 1 new Guaraní.

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.

12/06/1995: Introduction of New Banknotes

New banknotes were introduced, featuring enhanced security features and updated designs.

01/03/1990: New Currency Symbol

A new currency symbol, ₲, was officially adopted for the Paraguayan Guaraní.

12/04/1982: Decree on Currency Stability

The Paraguayan government issued a decree to maintain the stability of the Paraguayan Guaraní.

30/10/1953: Monetary Reform

A new monetary reform was implemented, replacing existing banknotes with new designs.

04/03/1943: Paraguayan Guaraní Introduced

The Paraguayan government introduced the Paraguayan Guaraní as the official currency of Paraguay.
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