Historic Gambian dalasi Eritrean nakfa

Gambian dalasi eritrean nakfa history for February 2024. The highest quote for this month is 0.22645 (23/02/2024) and the lowest 0.22615 (23/02/2024). The difference between high and low is 0.13.

GMD ERN average rate for February 2024 is 0.22406, the change between 01/02/2024 and 29/02/2024 is +1.53 %.

01 February 20241 GMD = 0.2254 ERN
02 February 20241 GMD = 0.2253 ERN
05 February 20241 GMD = 0.2254 ERN
06 February 20241 GMD = 0.2253 ERN
07 February 20241 GMD = 0.2254 ERN
08 February 20241 GMD = 0.2253 ERN
09 February 20241 GMD = 0.2238 ERN
12 February 20241 GMD = 0.2233 ERN
13 February 20241 GMD = 0.2236 ERN
14 February 20241 GMD = 0.2236 ERN
15 February 20241 GMD = 0.2230 ERN
16 February 20241 GMD = 0.2231 ERN
19 February 20241 GMD = 0.2231 ERN
20 February 20241 GMD = 0.2230 ERN
21 February 20241 GMD = 0.2236 ERN
22 February 20241 GMD = 0.2233 ERN
23 February 20241 GMD = 0.2265 ERN
26 February 20241 GMD = 0.2262 ERN
27 February 20241 GMD = 0.2228 ERN
28 February 20241 GMD = 0.2225 ERN
29 February 20241 GMD = 0.2220 ERN

11/01/2021: New polymer banknotes

Polymer banknotes are introduced in The Gambia for the first time, replacing the previous paper banknotes to enhance durability and security.

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.

06/08/2019: New family of banknotes

The Central Bank of The Gambia introduces a new family of Gambian dalasi banknotes with improved security features.

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.

16/06/1997: Introduction of the 25 dalasis note

A new 25-dalasis banknote is introduced, featuring the portrait of President Jammeh, to commemorate 25 years of his rule.

22/07/1996: Change of banknotes and coins

New banknotes and coins featuring the portrait of President Jammeh are introduced, replacing the previous designs.

02/07/1987: Currency redenomination

The Gambian dalasi undergoes a redenomination, with 1 old dalasi being replaced by 10 new dalasis.

01/07/1977: Conversion to decimal currency

The Gambian dalasi is decimalized, with 1 dalasi being divided into 100 bututs.

27/07/1971: Introduction of the Gambian dalasi

The Gambian dalasi currency is introduced to replace the Gambian pound as the official currency of The Gambia.