Historic Sierra Leonean leone Eritrean nakfa

Sierra Leonean leone eritrean nakfa history for January 2024. The highest quote for this month is 0.000763 (01/01/2024) and the lowest 0.000765 (01/01/2024). The difference between high and low is -0.26.

SLL ERN average rate for January 2024 is 0.00075, the change between 01/01/2024 and 31/01/2024 is +0.13 %.

01 January 20241 SLL = 0.0008 ERN
02 January 20241 SLL = 0.0008 ERN
03 January 20241 SLL = 0.0008 ERN
04 January 20241 SLL = 0.0008 ERN
05 January 20241 SLL = 0.0008 ERN
06 January 20241 SLL = 0.0007 ERN
07 January 20241 SLL = 0.0007 ERN
08 January 20241 SLL = 0.0008 ERN
09 January 20241 SLL = 0.0008 ERN
10 January 20241 SLL = 0.0008 ERN
11 January 20241 SLL = 0.0008 ERN
12 January 20241 SLL = 0.0008 ERN
14 January 20241 SLL = 0.0007 ERN
15 January 20241 SLL = 0.0008 ERN
16 January 20241 SLL = 0.0008 ERN
17 January 20241 SLL = 0.0008 ERN
18 January 20241 SLL = 0.0008 ERN
19 January 20241 SLL = 0.0008 ERN
22 January 20241 SLL = 0.0008 ERN
23 January 20241 SLL = 0.0008 ERN
24 January 20241 SLL = 0.0008 ERN
25 January 20241 SLL = 0.0008 ERN
26 January 20241 SLL = 0.0008 ERN
28 January 20241 SLL = 0.0007 ERN
29 January 20241 SLL = 0.0008 ERN
30 January 20241 SLL = 0.0008 ERN
31 January 20241 SLL = 0.0008 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.

27/04/2010: Adoption of new currency symbol

Sierra Leone adopts a new currency symbol for the leone (Le), representing its cultural heritage and national identity.

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.

29/07/2003: Introduction of new leone notes

Sierra Leone introduces a new series of leone banknotes with enhanced security features to combat counterfeiting.

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.

22/02/1996: Civil war ends

The Sierra Leonean Civil War comes to an end, providing an opportunity for economic stabilization and currency reform.

29/04/1980: Coup d'etat

A military coup takes place in Sierra Leone, leading to economic instability and a decline in the value of the leone.

15/07/1974: Redenomination of the leone

Sierra Leone redenominates its currency, replacing the old leone with a new leone at a ratio of 1:4.

04/11/1971: Introduction of decimal currency

Sierra Leone adopts a decimal currency system, replacing the pound with the leone as its new official currency.

27/04/1961: Independence of Sierra Leone

Sierra Leone gains independence from the United Kingdom, introducing the Sierra Leonean leone as its official currency.