Historic Eritrean nakfa Uruguayan peso

Eritrean nakfa uruguayan peso history for January 2024. The highest quote for this month is 2.6174 (14/01/2024) and the lowest 2.6174 (14/01/2024). The difference between high and low is 0.

ERN UYU average rate for January 2024 is 2.56815, the change between 01/01/2024 and 31/01/2024 is +0.18 %.

01 January 20241 ERN = 2.559 UYU
02 January 20241 ERN = 2.562 UYU
03 January 20241 ERN = 2.560 UYU
04 January 20241 ERN = 2.551 UYU
05 January 20241 ERN = 2.558 UYU
06 January 20241 ERN = 2.603 UYU
07 January 20241 ERN = 2.603 UYU
08 January 20241 ERN = 2.560 UYU
09 January 20241 ERN = 2.566 UYU
10 January 20241 ERN = 2.577 UYU
11 January 20241 ERN = 2.575 UYU
12 January 20241 ERN = 2.586 UYU
14 January 20241 ERN = 2.617 UYU
15 January 20241 ERN = 2.571 UYU
16 January 20241 ERN = 2.576 UYU
17 January 20241 ERN = 2.585 UYU
18 January 20241 ERN = 2.562 UYU
19 January 20241 ERN = 2.573 UYU
22 January 20241 ERN = 2.569 UYU
23 January 20241 ERN = 2.578 UYU
24 January 20241 ERN = 2.554 UYU
25 January 20241 ERN = 2.535 UYU
26 January 20241 ERN = 2.533 UYU
28 January 20241 ERN = 2.585 UYU
29 January 20241 ERN = 2.539 UYU
30 January 20241 ERN = 2.548 UYU
31 January 20241 ERN = 2.555 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.