Historic Paraguayan Guaraní Eritrean nakfa

Paraguayan Guaraní eritrean nakfa history for January 2024. The highest quote for this month is 0.002113 (08/01/2024) and the lowest 0.002115 (08/01/2024). The difference between high and low is -0.09.

PYG ERN average rate for January 2024 is 0.0021, the change between 01/01/2024 and 31/01/2024 is -0.29 %.

01 January 20241 PYG = 0.0021 ERN
02 January 20241 PYG = 0.0021 ERN
03 January 20241 PYG = 0.0021 ERN
04 January 20241 PYG = 0.0021 ERN
05 January 20241 PYG = 0.0021 ERN
06 January 20241 PYG = 0.0021 ERN
07 January 20241 PYG = 0.0021 ERN
08 January 20241 PYG = 0.0021 ERN
09 January 20241 PYG = 0.0021 ERN
10 January 20241 PYG = 0.0021 ERN
11 January 20241 PYG = 0.0021 ERN
12 January 20241 PYG = 0.0021 ERN
14 January 20241 PYG = 0.0021 ERN
15 January 20241 PYG = 0.0021 ERN
16 January 20241 PYG = 0.0021 ERN
17 January 20241 PYG = 0.0021 ERN
18 January 20241 PYG = 0.0021 ERN
19 January 20241 PYG = 0.0021 ERN
22 January 20241 PYG = 0.0021 ERN
23 January 20241 PYG = 0.0021 ERN
24 January 20241 PYG = 0.0021 ERN
25 January 20241 PYG = 0.0021 ERN
26 January 20241 PYG = 0.0021 ERN
28 January 20241 PYG = 0.0021 ERN
29 January 20241 PYG = 0.0021 ERN
30 January 20241 PYG = 0.0021 ERN
31 January 20241 PYG = 0.0021 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.

31/07/2013: Polymer Banknotes Issued

Polymer banknotes were issued in Paraguay, enhancing durability and counterfeit resistance of currency notes.

24/10/2011: Currency Redenomination

A currency redenomination took place, where 1,000 old Guaraní became equal to 1 new Guaraní.

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.

12/06/1995: Introduction of New Banknotes

New banknotes were introduced, featuring enhanced security features and updated designs.

01/03/1990: New Currency Symbol

A new currency symbol, ₲, was officially adopted for the Paraguayan Guaraní.

12/04/1982: Decree on Currency Stability

The Paraguayan government issued a decree to maintain the stability of the Paraguayan Guaraní.

30/10/1953: Monetary Reform

A new monetary reform was implemented, replacing existing banknotes with new designs.

04/03/1943: Paraguayan Guaraní Introduced

The Paraguayan government introduced the Paraguayan Guaraní as the official currency of Paraguay.
PYG ERN January 2024
PYG ERN February 2024
PYG ERN March 2024
PYG ERN April 2024
PYG ERN May 2024
PYG ERN June 2024
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PYG ERN December 2024
PYG ERN January 2025