Historic Haitian gourde Eritrean nakfa

Haitian gourde eritrean nakfa history for January 2024. The highest quote for this month is 0.11594 (07/01/2024) and the lowest 0.11594 (07/01/2024). The difference between high and low is 0.

HTG ERN average rate for January 2024 is 0.11524, the change between 01/01/2024 and 31/01/2024 is -0.32 %.

01 January 20241 HTG = 0.1149 ERN
02 January 20241 HTG = 0.1147 ERN
03 January 20241 HTG = 0.1149 ERN
04 January 20241 HTG = 0.1152 ERN
05 January 20241 HTG = 0.1152 ERN
06 January 20241 HTG = 0.1159 ERN
07 January 20241 HTG = 0.1159 ERN
08 January 20241 HTG = 0.1154 ERN
09 January 20241 HTG = 0.1152 ERN
10 January 20241 HTG = 0.1151 ERN
11 January 20241 HTG = 0.1153 ERN
12 January 20241 HTG = 0.1151 ERN
14 January 20241 HTG = 0.1158 ERN
15 January 20241 HTG = 0.1154 ERN
16 January 20241 HTG = 0.1154 ERN
17 January 20241 HTG = 0.1150 ERN
18 January 20241 HTG = 0.1154 ERN
19 January 20241 HTG = 0.1152 ERN
22 January 20241 HTG = 0.1153 ERN
23 January 20241 HTG = 0.1151 ERN
24 January 20241 HTG = 0.1154 ERN
25 January 20241 HTG = 0.1153 ERN
26 January 20241 HTG = 0.1153 ERN
28 January 20241 HTG = 0.1146 ERN
29 January 20241 HTG = 0.1151 ERN
30 January 20241 HTG = 0.1155 ERN
31 January 20241 HTG = 0.1152 ERN

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.

22/12/2003: Redenomination of the Haitian Currency

To simplify transactions, the Haitian government removes three zeros from the gourde and renames it as the Haitian dollar (HTD), later reverting to the gourde (HTG).

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.

30/09/1991: Overthrow of President Jean-Bertrand Aristide

Political instability and economic crisis lead to President Aristide's ousting, causing further depreciation of the gourde.

01/05/1989: Introduction of the Third Haitian Gourde

A third gourde is introduced to replace the second gourde at a ratio of 1:5, with hopes of stabilizing the economy.

01/02/1967: Introduction of the Second Haitian Gourde

To combat inflation, Haiti replaces the first gourde with a new currency, the second gourde, at a ratio of 1:100.

01/07/1912: Establishment of the Banque Nationale de la République d'Haïti

The Banque Nationale de la République d'Haïti is founded as the central bank responsible for managing the gourde.

01/01/1874: Introduction of the First Haitian Gourde

The Haitian government issues the first official currency, the gourde, to replace various fractional currencies.

01/01/1804: Declaration of Independence

After gaining independence from France, Haiti adopts the gourde as its national currency.