Historic Uruguayan peso Eritrean nakfa

Uruguayan peso eritrean nakfa history for January 2024. The highest quote for this month is 0.39389 (25/01/2024) and the lowest 0.39479 (25/01/2024). The difference between high and low is -0.23.

UYU ERN average rate for January 2024 is 0.38941, the change between 01/01/2024 and 31/01/2024 is -0.18 %.

01 January 20241 UYU = 0.3907 ERN
02 January 20241 UYU = 0.3904 ERN
03 January 20241 UYU = 0.3906 ERN
04 January 20241 UYU = 0.3920 ERN
05 January 20241 UYU = 0.3909 ERN
06 January 20241 UYU = 0.3842 ERN
07 January 20241 UYU = 0.3842 ERN
08 January 20241 UYU = 0.3907 ERN
09 January 20241 UYU = 0.3897 ERN
10 January 20241 UYU = 0.3881 ERN
11 January 20241 UYU = 0.3883 ERN
12 January 20241 UYU = 0.3867 ERN
14 January 20241 UYU = 0.3821 ERN
15 January 20241 UYU = 0.3889 ERN
16 January 20241 UYU = 0.3882 ERN
17 January 20241 UYU = 0.3868 ERN
18 January 20241 UYU = 0.3904 ERN
19 January 20241 UYU = 0.3886 ERN
22 January 20241 UYU = 0.3892 ERN
23 January 20241 UYU = 0.3879 ERN
24 January 20241 UYU = 0.3915 ERN
25 January 20241 UYU = 0.3945 ERN
26 January 20241 UYU = 0.3948 ERN
28 January 20241 UYU = 0.3869 ERN
29 January 20241 UYU = 0.3939 ERN
30 January 20241 UYU = 0.3925 ERN
31 January 20241 UYU = 0.3914 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.