Historic Eritrean nakfa Vietnamese dong

Eritrean nakfa vietnamese dong history for January 2024. The highest quote for this month is 1633.38 (26/01/2024) and the lowest 1632.89 (26/01/2024). The difference between high and low is 0.03.

ERN VND average rate for January 2024 is 1623.41222, the change between 01/01/2024 and 31/01/2024 is -0.69 %.

01 January 20241 ERN = 1609.82 VND
02 January 20241 ERN = 1609.82 VND
03 January 20241 ERN = 1616.28 VND
04 January 20241 ERN = 1617.12 VND
05 January 20241 ERN = 1616.46 VND
06 January 20241 ERN = 1617.12 VND
07 January 20241 ERN = 1617.12 VND
08 January 20241 ERN = 1619.27 VND
09 January 20241 ERN = 1614.47 VND
10 January 20241 ERN = 1618.60 VND
11 January 20241 ERN = 1619.44 VND
12 January 20241 ERN = 1626.25 VND
14 January 20241 ERN = 1627.24 VND
15 January 20241 ERN = 1625.08 VND
16 January 20241 ERN = 1623.76 VND
17 January 20241 ERN = 1627.91 VND
18 January 20241 ERN = 1625.75 VND
19 January 20241 ERN = 1630.90 VND
22 January 20241 ERN = 1628.40 VND
23 January 20241 ERN = 1631.23 VND
24 January 20241 ERN = 1630.06 VND
25 January 20241 ERN = 1632.38 VND
26 January 20241 ERN = 1632.71 VND
28 January 20241 ERN = 1632.05 VND
29 January 20241 ERN = 1634.22 VND
30 January 20241 ERN = 1627.74 VND
31 January 20241 ERN = 1620.93 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.