Historic Eritrean nakfa Sierra Leonean leone

Eritrean nakfa sierra leonean leone history for October 2023. The highest quote for this month is 1504.23 (29/10/2023) and the lowest 1504.23 (29/10/2023). The difference between high and low is 0.

ERN SLL average rate for October 2023 is 1346.77333, the change between 01/10/2023 and 31/10/2023 is +12.15 %.

01 October 20231 ERN = 1490.03 SLL
03 October 20231 ERN = 1307.23 SLL
04 October 20231 ERN = 1307.23 SLL
06 October 20231 ERN = 1308.97 SLL
07 October 20231 ERN = 1480.17 SLL
09 October 20231 ERN = 1308.97 SLL
10 October 20231 ERN = 1308.97 SLL
11 October 20231 ERN = 1308.97 SLL
13 October 20231 ERN = 1308.97 SLL
16 October 20231 ERN = 1307.23 SLL
17 October 20231 ERN = 1308.97 SLL
18 October 20231 ERN = 1308.97 SLL
19 October 20231 ERN = 1307.23 SLL
20 October 20231 ERN = 1308.97 SLL
21 October 20231 ERN = 1496.68 SLL
22 October 20231 ERN = 1496.68 SLL
23 October 20231 ERN = 1307.23 SLL
24 October 20231 ERN = 1307.23 SLL
25 October 20231 ERN = 1308.97 SLL
26 October 20231 ERN = 1307.23 SLL
27 October 20231 ERN = 1307.23 SLL
29 October 20231 ERN = 1504.23 SLL
30 October 20231 ERN = 1307.23 SLL
31 October 20231 ERN = 1308.97 SLL

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.

27/04/2010: Adoption of new currency symbol

Sierra Leone adopts a new currency symbol for the leone (Le), representing its cultural heritage and national identity.

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.

29/07/2003: Introduction of new leone notes

Sierra Leone introduces a new series of leone banknotes with enhanced security features to combat counterfeiting.

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.

22/02/1996: Civil war ends

The Sierra Leonean Civil War comes to an end, providing an opportunity for economic stabilization and currency reform.

29/04/1980: Coup d'etat

A military coup takes place in Sierra Leone, leading to economic instability and a decline in the value of the leone.

15/07/1974: Redenomination of the leone

Sierra Leone redenominates its currency, replacing the old leone with a new leone at a ratio of 1:4.

04/11/1971: Introduction of decimal currency

Sierra Leone adopts a decimal currency system, replacing the pound with the leone as its new official currency.

27/04/1961: Independence of Sierra Leone

Sierra Leone gains independence from the United Kingdom, introducing the Sierra Leonean leone as its official currency.
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