Historic Eritrean nakfa Uruguayan peso

Eritrean nakfa uruguayan peso history for February 2024. The highest quote for this month is 2.5988 (03/02/2024) and the lowest 2.5963 (03/02/2024). The difference between high and low is 0.1.

ERN UYU average rate for February 2024 is 2.56462, the change between 01/02/2024 and 29/02/2024 is -0.13 %.

01 February 20241 ERN = 2.551 UYU
02 February 20241 ERN = 2.562 UYU
03 February 20241 ERN = 2.596 UYU
04 February 20241 ERN = 2.596 UYU
05 February 20241 ERN = 2.587 UYU
06 February 20241 ERN = 2.563 UYU
07 February 20241 ERN = 2.558 UYU
08 February 20241 ERN = 2.565 UYU
09 February 20241 ERN = 2.563 UYU
12 February 20241 ERN = 2.558 UYU
13 February 20241 ERN = 2.566 UYU
14 February 20241 ERN = 2.563 UYU
15 February 20241 ERN = 2.566 UYU
16 February 20241 ERN = 2.562 UYU
17 February 20241 ERN = 2.595 UYU
18 February 20241 ERN = 2.595 UYU
19 February 20241 ERN = 2.564 UYU
20 February 20241 ERN = 2.562 UYU
21 February 20241 ERN = 2.559 UYU
22 February 20241 ERN = 2.561 UYU
23 February 20241 ERN = 2.557 UYU
24 February 20241 ERN = 2.553 UYU
25 February 20241 ERN = 2.553 UYU
26 February 20241 ERN = 2.560 UYU
27 February 20241 ERN = 2.517 UYU
28 February 20241 ERN = 2.559 UYU
29 February 20241 ERN = 2.554 UYU

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.