Historic Litecoin Eritrean nakfa

Litecoin eritrean nakfa history for November 2023. The highest quote for this month is 0.21824 (22/11/2023) and the lowest 0.2285 (21/11/2023). The difference between high and low is -4.7.

LTC ERN average rate for November 2023 is 0.21219, the change between 01/11/2023 and 30/11/2023 is -0.71 %.

01 November 20231 LTC = 0.2152 ERN
06 November 20231 LTC = 0.2021 ERN
07 November 20231 LTC = 0.2049 ERN
08 November 20231 LTC = 0.2057 ERN
09 November 20231 LTC = 0.2043 ERN
10 November 20231 LTC = 0.2053 ERN
12 November 20231 LTC = 0.2010 ERN
13 November 20231 LTC = 0.2108 ERN
14 November 20231 LTC = 0.2131 ERN
15 November 20231 LTC = 0.2032 ERN
16 November 20231 LTC = 0.2117 ERN
17 November 20231 LTC = 0.2147 ERN
18 November 20231 LTC = 0.2156 ERN
19 November 20231 LTC = 0.2133 ERN
20 November 20231 LTC = 0.2168 ERN
21 November 20231 LTC = 0.2268 ERN
22 November 20231 LTC = 0.2191 ERN
23 November 20231 LTC = 0.2165 ERN
24 November 20231 LTC = 0.2131 ERN
26 November 20231 LTC = 0.2148 ERN
27 November 20231 LTC = 0.2174 ERN
28 November 20231 LTC = 0.2158 ERN
29 November 20231 LTC = 0.2150 ERN
30 November 20231 LTC = 0.2167 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.