diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0605e2e..62766c9 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -8,6 +8,10 @@ This is the changelog for Cldr_Currencies v2.16.3 released on September 6th, 202
 
 * Fix spec for `Cldr.Currency.currency_for_code/1`. Thanks to @Tw33t3r for the PR. Closes #16.
 
+### Enhancements
+
+* Require Elixir 1.12 as a minimum version.
+
 ## Cldr_Currencies v2.16.2
 
 This is the changelog for Cldr_Currencies v2.16.2 released on July 30th, 2024.  For older changelogs please consult the release tag on [GitHub](https://github.com/elixir-cldr/cldr_currencies/tags)
diff --git a/mix.exs b/mix.exs
index 2113ee7..374a4fb 100644
--- a/mix.exs
+++ b/mix.exs
@@ -7,7 +7,7 @@ defmodule Cldr.Currencies.MixProject do
     [
       app: :ex_cldr_currencies,
       version: @version,
-      elixir: "~> 1.11",
+      elixir: "~> 1.12",
       name: "Cldr Currencies",
       description: description(),
       source_url: "https://github.com/elixir-cldr/cldr_currencies",