Historic Liberian dollar Eritrean nakfa

Liberian dollar eritrean nakfa history for January 2024. The highest quote for this month is 0.080373 (01/01/2024) and the lowest 0.080416 (01/01/2024). The difference between high and low is -0.05.

LRD ERN average rate for January 2024 is 0.08011, the change between 01/01/2024 and 31/01/2024 is +0.93 %.

01 January 20241 LRD = 0.0804 ERN
02 January 20241 LRD = 0.0804 ERN
03 January 20241 LRD = 0.0803 ERN
04 January 20241 LRD = 0.0804 ERN
05 January 20241 LRD = 0.0803 ERN
06 January 20241 LRD = 0.0802 ERN
07 January 20241 LRD = 0.0802 ERN
08 January 20241 LRD = 0.0802 ERN
09 January 20241 LRD = 0.0803 ERN
10 January 20241 LRD = 0.0802 ERN
11 January 20241 LRD = 0.0802 ERN
12 January 20241 LRD = 0.0801 ERN
14 January 20241 LRD = 0.0800 ERN
15 January 20241 LRD = 0.0802 ERN
16 January 20241 LRD = 0.0802 ERN
17 January 20241 LRD = 0.0800 ERN
18 January 20241 LRD = 0.0801 ERN
19 January 20241 LRD = 0.0799 ERN
22 January 20241 LRD = 0.0802 ERN
23 January 20241 LRD = 0.0800 ERN
24 January 20241 LRD = 0.0801 ERN
25 January 20241 LRD = 0.0799 ERN
26 January 20241 LRD = 0.0799 ERN
29 January 20241 LRD = 0.0798 ERN
30 January 20241 LRD = 0.0799 ERN
31 January 20241 LRD = 0.0797 ERN

29/06/2020: Introduction of New Banknotes

Liberia introduces new banknotes with enhanced security features to combat counterfeiting and improve confidence in the currency.

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.

14/10/2000: ECOWAS Intervention

ECOWAS forces intervene in Liberia, leading to improved stability and gradual recovery of the Liberian dollar.

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.

19/07/1997: Liberian Dollar Depreciation

The Liberian dollar experiences a significant depreciation due to economic mismanagement and the aftermath of the civil war.

26/01/1982: Liberian Civil War Begins

The Liberian civil war begins, leading to significant economic instability and devaluation of the Liberian dollar.

23/03/1907: Liberian Dollar Pegged to US Dollar

The Liberian dollar is pegged to the U.S. dollar at a ratio of 2:1, maintaining a fixed exchange rate for many years.

10/07/1849: Introduction of Liberian Dollar

The Liberian dollar is introduced as the official currency of Liberia, replacing the use of foreign currencies in the country.

26/07/1847: Liberian Independence

Liberia declares independence from the American Colonization Society, establishing the first republic in Africa.
LRD ERN January 2024
LRD ERN February 2024
LRD ERN March 2024
LRD ERN April 2024
LRD ERN May 2024
LRD ERN June 2024
LRD ERN July 2024
LRD ERN August 2024
LRD ERN September 2024
LRD ERN October 2024
LRD ERN November 2024
LRD ERN December 2024
LRD ERN January 2025