Time series key
|
BBEX3.M.ERN.USD.CA.AC.A01 |
Unit
|
ERN |
Dimension
|
one |
Timespan
|
from
1997-11 to
2024-03 |
Last update
|
05.04.2024 01:03:40 PM |
|
|
Methodology
|
From November 1997 to March 1999 and since December 2000 calculated on the basis of buying and selling rates. |
Source
|
Bank of Eritrea, Asmara. |
|
|
Comment on
2001-09 |
On 10 September 2001, the nakfa was devalued. We recorded the following exchange rates (buying/selling rate). 7 September 2001: USD 1 = ERN 10.20 / 10.30 10 September 2001: USD 1 = ERN 13,55 / 13,80. Calculated devaluation: 25.0% (middle rate). |
Comment on
1999-11 |
On 15 November 1999, the nakfa was devalued by 15.5%. |