Israeli Sheqel nigerian naira exchange rate history (ILS NGN) December 2023

Israeli Sheqel nigerian naira history for December 2023. The highest quote for this month is 251.58 (24/12/2023) and the lowest 253.26 (25/12/2023). The difference between high and low is -0.67.

ILS NGN average rate for December 2023 is 224.77714, the change between 01/12/2023 and 31/12/2023 is -16.59 %.

01 December 2023	1 ILS = 212.3 NGN
02 December 2023	1 ILS = 212.6 NGN
03 December 2023	1 ILS = 212.6 NGN
04 December 2023	1 ILS = 212.1 NGN
05 December 2023	1 ILS = 214.5 NGN
06 December 2023	1 ILS = 215.6 NGN
07 December 2023	1 ILS = 217.3 NGN
08 December 2023	1 ILS = 216.5 NGN
10 December 2023	1 ILS = 213.4 NGN
11 December 2023	1 ILS = 216.9 NGN
12 December 2023	1 ILS = 213.6 NGN
13 December 2023	1 ILS = 216.0 NGN
14 December 2023	1 ILS = 216.8 NGN
15 December 2023	1 ILS = 215.7 NGN
16 December 2023	1 ILS = 214.7 NGN
17 December 2023	1 ILS = 215.4 NGN
18 December 2023	1 ILS = 219.0 NGN
19 December 2023	1 ILS = 215.5 NGN
20 December 2023	1 ILS = 219.0 NGN
21 December 2023	1 ILS = 227.4 NGN
22 December 2023	1 ILS = 227.7 NGN
23 December 2023	1 ILS = 251.6 NGN
24 December 2023	1 ILS = 250.7 NGN
25 December 2023	1 ILS = 251.0 NGN
26 December 2023	1 ILS = 251.6 NGN
27 December 2023	1 ILS = 249.5 NGN
28 December 2023	1 ILS = 247.3 NGN
29 December 2023	1 ILS = 247.5 NGN

20/03/2020: Impact of COVID-19 Pandemic

The outbreak of the COVID-19 pandemic resulted in a significant decline in oil prices, affecting Nigeria's economy and putting pressure on the Naira's exchange rate.

20/06/2016: Adoption of Flexible Exchange Rate Policy

The Central Bank of Nigeria adopted a flexible exchange rate policy, allowing the Naira to float freely against other currencies based on market forces.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

29/05/1999: Transition to Democratic Governance

Nigeria transitioned to democratic governance, leading to economic reforms and stability, positively affecting the value and management of the Naira currency.

12/06/1993: Introduction of the Third Nigerian Naira

The third Nigerian Naira (NGN) was introduced after the country's return to civilian rule following years of military regimes.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

31/12/1984: Implementation of the Structural Adjustment Program

The Nigerian government implemented the Structural Adjustment Program, leading to a significant devaluation of the Naira and the adoption of a floating exchange rate.

01/07/1979: Adoption of the Second Nigerian Naira

The second Nigerian Naira (NGN) was introduced following the adoption of a new constitution and the country's transition to civilian rule.

01/07/1973: Introduction of decimal currency

The Nigerian Naira was introduced as the official currency of Nigeria, replacing the pound sterling with a decimal currency system.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.

Historic Israeli Sheqel Nigerian Naira