Historic Eritrean nakfa Seychellois Rupee

Eritrean nakfa seychellois rupee history for February 2024. The highest quote for this month is 0.9414 (17/02/2024) and the lowest 0.9414 (17/02/2024). The difference between high and low is 0.

ERN SCR average rate for February 2024 is 0.86326, the change between 01/02/2024 and 29/02/2024 is -3.45 %.

01 February 20241 ERN = 0.8097 SCR
02 February 20241 ERN = 0.8293 SCR
03 February 20241 ERN = 0.9340 SCR
04 February 20241 ERN = 0.9340 SCR
05 February 20241 ERN = 0.8887 SCR
06 February 20241 ERN = 0.8326 SCR
07 February 20241 ERN = 0.8184 SCR
08 February 20241 ERN = 0.8200 SCR
09 February 20241 ERN = 0.8206 SCR
12 February 20241 ERN = 0.8661 SCR
13 February 20241 ERN = 0.8837 SCR
14 February 20241 ERN = 0.8129 SCR
15 February 20241 ERN = 0.8355 SCR
16 February 20241 ERN = 0.8445 SCR
17 February 20241 ERN = 0.9414 SCR
18 February 20241 ERN = 0.9414 SCR
19 February 20241 ERN = 0.9028 SCR
20 February 20241 ERN = 0.8235 SCR
21 February 20241 ERN = 0.8271 SCR
22 February 20241 ERN = 0.8320 SCR
23 February 20241 ERN = 0.8313 SCR
24 February 20241 ERN = 0.9341 SCR
25 February 20241 ERN = 0.9341 SCR
26 February 20241 ERN = 0.8808 SCR
27 February 20241 ERN = 0.8564 SCR
28 February 20241 ERN = 0.8355 SCR
29 February 20241 ERN = 0.8377 SCR

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.

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.