Historic Eritrean nakfa Seychellois Rupee

Eritrean nakfa seychellois rupee history for November 2023. The highest quote for this month is 0.9522 (15/11/2023) and the lowest 0.9462 (12/11/2023). The difference between high and low is 0.63.

ERN SCR average rate for November 2023 is 0.85625, the change between 01/11/2023 and 30/11/2023 is -1.97 %.

01 November 20231 ERN = 0.8207 SCR
06 November 20231 ERN = 0.8646 SCR
07 November 20231 ERN = 0.8358 SCR
08 November 20231 ERN = 0.8095 SCR
09 November 20231 ERN = 0.8406 SCR
10 November 20231 ERN = 0.8187 SCR
12 November 20231 ERN = 0.9462 SCR
13 November 20231 ERN = 0.8313 SCR
14 November 20231 ERN = 0.8432 SCR
15 November 20231 ERN = 0.8443 SCR
16 November 20231 ERN = 0.8426 SCR
17 November 20231 ERN = 0.8427 SCR
18 November 20231 ERN = 0.9455 SCR
19 November 20231 ERN = 0.9455 SCR
20 November 20231 ERN = 0.8608 SCR
21 November 20231 ERN = 0.8201 SCR
22 November 20231 ERN = 0.8352 SCR
23 November 20231 ERN = 0.8440 SCR
24 November 20231 ERN = 0.8044 SCR
26 November 20231 ERN = 0.9423 SCR
27 November 20231 ERN = 0.8800 SCR
28 November 20231 ERN = 0.8435 SCR
29 November 20231 ERN = 0.8516 SCR
30 November 20231 ERN = 0.8369 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.