Historic Uruguayan peso Eritrean nakfa

Uruguayan peso eritrean nakfa history for February 2024. The highest quote for this month is 0.3973 (26/02/2024) and the lowest 0.39677 (26/02/2024). The difference between high and low is 0.13.

UYU ERN average rate for February 2024 is 0.38994, the change between 01/02/2024 and 29/02/2024 is +0.12 %.

01 February 20241 UYU = 0.3920 ERN
02 February 20241 UYU = 0.3904 ERN
03 February 20241 UYU = 0.3852 ERN
04 February 20241 UYU = 0.3852 ERN
05 February 20241 UYU = 0.3866 ERN
06 February 20241 UYU = 0.3902 ERN
07 February 20241 UYU = 0.3910 ERN
08 February 20241 UYU = 0.3898 ERN
09 February 20241 UYU = 0.3902 ERN
12 February 20241 UYU = 0.3909 ERN
13 February 20241 UYU = 0.3897 ERN
14 February 20241 UYU = 0.3902 ERN
15 February 20241 UYU = 0.3897 ERN
16 February 20241 UYU = 0.3904 ERN
17 February 20241 UYU = 0.3854 ERN
18 February 20241 UYU = 0.3854 ERN
19 February 20241 UYU = 0.3900 ERN
20 February 20241 UYU = 0.3903 ERN
21 February 20241 UYU = 0.3908 ERN
22 February 20241 UYU = 0.3905 ERN
23 February 20241 UYU = 0.3910 ERN
24 February 20241 UYU = 0.3916 ERN
25 February 20241 UYU = 0.3916 ERN
26 February 20241 UYU = 0.3906 ERN
27 February 20241 UYU = 0.3973 ERN
28 February 20241 UYU = 0.3908 ERN
29 February 20241 UYU = 0.3916 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.

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.