Historic Eritrean nakfa Seychellois Rupee

Eritrean nakfa seychellois rupee history for January 2024. The highest quote for this month is 0.9323 (14/01/2024) and the lowest 0.9323 (14/01/2024). The difference between high and low is 0.

ERN SCR average rate for January 2024 is 0.85446, the change between 01/01/2024 and 31/01/2024 is +1.51 %.

01 January 20241 ERN = 0.8425 SCR
02 January 20241 ERN = 0.8425 SCR
03 January 20241 ERN = 0.9256 SCR
04 January 20241 ERN = 0.8450 SCR
05 January 20241 ERN = 0.8605 SCR
06 January 20241 ERN = 0.9261 SCR
07 January 20241 ERN = 0.9261 SCR
08 January 20241 ERN = 0.8733 SCR
09 January 20241 ERN = 0.8319 SCR
10 January 20241 ERN = 0.8380 SCR
11 January 20241 ERN = 0.8080 SCR
12 January 20241 ERN = 0.8222 SCR
14 January 20241 ERN = 0.9323 SCR
15 January 20241 ERN = 0.8752 SCR
16 January 20241 ERN = 0.8349 SCR
17 January 20241 ERN = 0.8213 SCR
18 January 20241 ERN = 0.8057 SCR
19 January 20241 ERN = 0.8334 SCR
22 January 20241 ERN = 0.8794 SCR
23 January 20241 ERN = 0.8223 SCR
24 January 20241 ERN = 0.8286 SCR
25 January 20241 ERN = 0.8287 SCR
26 January 20241 ERN = 0.8267 SCR
28 January 20241 ERN = 0.9254 SCR
29 January 20241 ERN = 0.8709 SCR
30 January 20241 ERN = 0.8145 SCR
31 January 20241 ERN = 0.8298 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.