Historic Israeli Sheqel Nigerian Naira

Israeli Sheqel nigerian naira history for September 2023. The highest quote for this month is 207.28 (28/09/2023) and the lowest 204.65 (08/09/2023). The difference between high and low is 1.27.

ILS NGN average rate for September 2023 is 201.43, the change between 01/09/2023 and 30/09/2023 is +0.75 %.

01 September 20231 ILS = 203.5 NGN
04 September 20231 ILS = 199.4 NGN
05 September 20231 ILS = 198.6 NGN
06 September 20231 ILS = 200.1 NGN
07 September 20231 ILS = 197.1 NGN
08 September 20231 ILS = 204.3 NGN
11 September 20231 ILS = 205.3 NGN
12 September 20231 ILS = 204.7 NGN
13 September 20231 ILS = 198.2 NGN
14 September 20231 ILS = 204.8 NGN
15 September 20231 ILS = 205.2 NGN
18 September 20231 ILS = 201.7 NGN
19 September 20231 ILS = 199.0 NGN
20 September 20231 ILS = 203.7 NGN
21 September 20231 ILS = 202.4 NGN
22 September 20231 ILS = 201.2 NGN
23 September 20231 ILS = 193.7 NGN
24 September 20231 ILS = 193.7 NGN
25 September 20231 ILS = 201.7 NGN
26 September 20231 ILS = 204.5 NGN
27 September 20231 ILS = 203.7 NGN
28 September 20231 ILS = 203.4 NGN
29 September 20231 ILS = 202.4 NGN
30 September 20231 ILS = 202.0 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.