Historic Eritrean nakfa Saint Helena pound

Eritrean nakfa saint helena pound history for February 2024. The highest quote for this month is 0.052853 (06/02/2024) and the lowest 0.052864 (06/02/2024). The difference between high and low is -0.02.

ERN SHP average rate for February 2024 is 0.0526, the change between 01/02/2024 and 29/02/2024 is -0.07 %.

01 February 20241 ERN = 0.0524 SHP
02 February 20241 ERN = 0.0526 SHP
05 February 20241 ERN = 0.0528 SHP
06 February 20241 ERN = 0.0529 SHP
07 February 20241 ERN = 0.0525 SHP
08 February 20241 ERN = 0.0528 SHP
09 February 20241 ERN = 0.0526 SHP
12 February 20241 ERN = 0.0527 SHP
13 February 20241 ERN = 0.0526 SHP
14 February 20241 ERN = 0.0528 SHP
15 February 20241 ERN = 0.0529 SHP
16 February 20241 ERN = 0.0526 SHP
19 February 20241 ERN = 0.0527 SHP
20 February 20241 ERN = 0.0525 SHP
21 February 20241 ERN = 0.0525 SHP
22 February 20241 ERN = 0.0526 SHP
23 February 20241 ERN = 0.0523 SHP
26 February 20241 ERN = 0.0524 SHP
27 February 20241 ERN = 0.0523 SHP
28 February 20241 ERN = 0.0526 SHP
29 February 20241 ERN = 0.0524 SHP

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.