Historic Eritrean nakfa Vietnamese dong

Eritrean nakfa vietnamese dong history for December 2023. The highest quote for this month is 1617.78 (27/12/2023) and the lowest 1616.61 (19/12/2023). The difference between high and low is 0.07.

ERN VND average rate for December 2023 is 1612.07963, the change between 01/12/2023 and 31/12/2023 is +0.19 %.

01 December 20231 ERN = 1611.30 VND
02 December 20231 ERN = 1612.62 VND
03 December 20231 ERN = 1613.82 VND
04 December 20231 ERN = 1612.62 VND
05 December 20231 ERN = 1609.16 VND
06 December 20231 ERN = 1612.36 VND
07 December 20231 ERN = 1610.75 VND
08 December 20231 ERN = 1612.96 VND
10 December 20231 ERN = 1609.17 VND
11 December 20231 ERN = 1607.17 VND
12 December 20231 ERN = 1609.16 VND
13 December 20231 ERN = 1609.82 VND
14 December 20231 ERN = 1613.22 VND
15 December 20231 ERN = 1608.83 VND
16 December 20231 ERN = 1609.82 VND
17 December 20231 ERN = 1609.82 VND
18 December 20231 ERN = 1611.96 VND
19 December 20231 ERN = 1615.79 VND
20 December 20231 ERN = 1617.94 VND
21 December 20231 ERN = 1616.94 VND
22 December 20231 ERN = 1615.95 VND
23 December 20231 ERN = 1616.94 VND
24 December 20231 ERN = 1608.16 VND
26 December 20231 ERN = 1609.97 VND
27 December 20231 ERN = 1614.13 VND
28 December 20231 ERN = 1617.61 VND
29 December 20231 ERN = 1608.16 VND

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.