Historic Litecoin Eritrean nakfa

Litecoin eritrean nakfa history for December 2023. The highest quote for this month is 0.21184 (21/12/2023) and the lowest 0.2201 (18/12/2023). The difference between high and low is -3.9.

LTC ERN average rate for December 2023 is 0.2066, the change between 01/12/2023 and 31/12/2023 is +2.41 %.

01 December 20231 LTC = 0.2104 ERN
02 December 20231 LTC = 0.2082 ERN
03 December 20231 LTC = 0.2083 ERN
04 December 20231 LTC = 0.2067 ERN
05 December 20231 LTC = 0.2029 ERN
06 December 20231 LTC = 0.2078 ERN
07 December 20231 LTC = 0.2035 ERN
08 December 20231 LTC = 0.1920 ERN
10 December 20231 LTC = 0.1951 ERN
11 December 20231 LTC = 0.2074 ERN
12 December 20231 LTC = 0.2081 ERN
13 December 20231 LTC = 0.2059 ERN
14 December 20231 LTC = 0.2063 ERN
15 December 20231 LTC = 0.2124 ERN
16 December 20231 LTC = 0.2089 ERN
17 December 20231 LTC = 0.2116 ERN
18 December 20231 LTC = 0.2126 ERN
19 December 20231 LTC = 0.2134 ERN
20 December 20231 LTC = 0.2156 ERN
21 December 20231 LTC = 0.2122 ERN
22 December 20231 LTC = 0.2041 ERN
23 December 20231 LTC = 0.2075 ERN
24 December 20231 LTC = 0.2117 ERN
26 December 20231 LTC = 0.2057 ERN
27 December 20231 LTC = 0.1987 ERN
28 December 20231 LTC = 0.1962 ERN
29 December 20231 LTC = 0.2053 ERN

05/08/2021: Litecoin Foundation Partners with Atari

The Litecoin Foundation partners with Atari, a prominent gaming company, to integrate Litecoin into Atari's gaming ecosystem, enabling players to use LTC for in-game purchases and transactions.

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.

26/02/2020: Litecoin Implements Mimblewimble Extension Blocks

Litecoin developers announce plans to introduce Mimblewimble Extension Blocks, a privacy-focused protocol extension, to enhance fungibility and transaction anonymity.

05/08/2019: Litecoin Halving

The block reward for Litecoin is halved from 25 LTC to 12.5 LTC, reducing new supply issuance and potentially impacting the cryptocurrency's price and mining economics.

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.

12/12/2017: Litecoin Futures Launch on CME

The Chicago Mercantile Exchange (CME) launches futures contracts for Litecoin, offering institutional investors an avenue to trade and speculate on the cryptocurrency.

10/05/2017: Segregated Witness Activation

Litecoin activates Segregated Witness (SegWit), a protocol upgrade aimed at improving scalability and enabling second-layer solutions like the Lightning Network.

22/01/2015: Dollarization policy imposed

Eritrea imposed a dollarization policy, making the US dollar the predominant currency for most transactions.

29/11/2013: Litecoin's First Major Price Rally

Litecoin experiences its first major price rally, reaching a peak of over $39 per LTC, driven by increased adoption and market speculation.

07/10/2011: Creation of Litecoin

Litecoin is created by Charlie Lee as a peer-to-peer cryptocurrency, based on the Bitcoin protocol, with faster block generation time and a different hashing algorithm.

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.