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Exchange rates for the euro in Eritrea / EUR 1 = ERN ... (middle)
Path :| Time series key | BBEX3.M.ERN.EUR.CA.AC.A01 |
| Unit | ERN |
| Dimension | one |
| Timespan | from 1999-01 to 2024-03 |
| Last update | 05.04.2024 01:03:40 PM |
| Methodology | Calculated on the basis of the 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: EUR 1 = ERN 9.0494 / 9.1382 10 September 2001: EUR 1 = ERN 12.1718 / 12.4900. Calculated devaluation:26.3% (middle rate). |
| Comment on 1999-11 | On 15 November 1999, the nakfa was devalued. We recorded the following exchange rates (buying/selling rate). 12 November 1999: EUR 1 = ERN 8.4276 / 8.6383 15 November 1999: EUR 1 = ERN 9.9464 / 10.1558. Calculated devaluation:15.1% (middle rate). |