Historic Peruvian sol Eritrean nakfa

Peruvian sol eritrean nakfa history for January 2024. The highest quote for this month is 4.1597 (09/01/2024) and the lowest 4.1612 (09/01/2024). The difference between high and low is -0.04.

PEN ERN average rate for January 2024 is 4.07224, the change between 01/01/2024 and 31/01/2024 is +4.96 %.

01 January 20241 PEN = 4.155 ERN
02 January 20241 PEN = 4.151 ERN
03 January 20241 PEN = 4.057 ERN
04 January 20241 PEN = 4.062 ERN
05 January 20241 PEN = 4.029 ERN
06 January 20241 PEN = 4.056 ERN
07 January 20241 PEN = 4.056 ERN
08 January 20241 PEN = 4.156 ERN
09 January 20241 PEN = 4.059 ERN
10 January 20241 PEN = 4.154 ERN
11 January 20241 PEN = 4.068 ERN
12 January 20241 PEN = 4.148 ERN
14 January 20241 PEN = 4.075 ERN
15 January 20241 PEN = 4.157 ERN
16 January 20241 PEN = 4.158 ERN
17 January 20241 PEN = 4.147 ERN
18 January 20241 PEN = 4.055 ERN
19 January 20241 PEN = 4.050 ERN
22 January 20241 PEN = 4.112 ERN
23 January 20241 PEN = 4.024 ERN
24 January 20241 PEN = 4.016 ERN
25 January 20241 PEN = 4.016 ERN
26 January 20241 PEN = 4.011 ERN
28 January 20241 PEN = 3.980 ERN
29 January 20241 PEN = 4.071 ERN
30 January 20241 PEN = 3.981 ERN
31 January 20241 PEN = 3.949 ERN

27/07/2020: Transition to Sol

Peru announced the removal of 'Nuevo' from the currency's name, making it officially known as the Sol once again.

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.

15/12/2015: Introduction of New Sol Banknotes

New series of banknotes featuring improved security features and designs were introduced for the Nuevo Sol.

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.

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.

01/10/1995: Introduction of Nuevo Sol

The Peruvian Sol was revalued and renamed as the Nuevo Sol, with a new currency code of PEN.

01/07/1991: Return to the Sol

Peru reintroduced the Sol as its official currency, replacing the Inti at a rate of 1 million Intis to 1 Sol.

01/02/1985: Creation of the Inti

The Peruvian Inti was created to replace the Sol as the official currency as part of an economic reform plan.

01/07/1880: Adoption of the Sol de Oro Standard

Peru adopted the Sol de Oro standard, pegging the Sol to gold at a fixed rate.

23/11/1850: Introducción of Peruvian Sol

The Peruvian Sol was introduced as the official currency of Peru to replace the Spanish real.