Historic Nigerian Naira Paraguayan Guaraní

Nigerian Naira paraguayan guaraní history for February 2024. The highest quote for this month is 6.0144 (01/02/2024) and the lowest 6.0025 (01/02/2024). The difference between high and low is 0.2.

NGN PYG average rate for February 2024 is 4.92712, the change between 01/02/2024 and 29/02/2024 is +26.61 %.

01 February 20241 NGN = 5.99 PYG
02 February 20241 NGN = 6.00 PYG
03 February 20241 NGN = 5.14 PYG
04 February 20241 NGN = 5.14 PYG
05 February 20241 NGN = 6.06 PYG
06 February 20241 NGN = 5.11 PYG
07 February 20241 NGN = 5.08 PYG
08 February 20241 NGN = 5.05 PYG
09 February 20241 NGN = 5.11 PYG
12 February 20241 NGN = 4.857 PYG
13 February 20241 NGN = 4.766 PYG
14 February 20241 NGN = 4.728 PYG
15 February 20241 NGN = 4.717 PYG
16 February 20241 NGN = 4.722 PYG
17 February 20241 NGN = 4.885 PYG
18 February 20241 NGN = 4.885 PYG
19 February 20241 NGN = 4.803 PYG
20 February 20241 NGN = 4.804 PYG
21 February 20241 NGN = 4.473 PYG
22 February 20241 NGN = 4.467 PYG
23 February 20241 NGN = 4.457 PYG
24 February 20241 NGN = 4.887 PYG
25 February 20241 NGN = 4.887 PYG
26 February 20241 NGN = 4.453 PYG
27 February 20241 NGN = 4.635 PYG
28 February 20241 NGN = 4.535 PYG
29 February 20241 NGN = 4.394 PYG

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.

31/07/2013: Polymer Banknotes Issued

Polymer banknotes were issued in Paraguay, enhancing durability and counterfeit resistance of currency notes.

24/10/2011: Currency Redenomination

A currency redenomination took place, where 1,000 old Guaraní became equal to 1 new Guaraní.

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.

12/06/1995: Introduction of New Banknotes

New banknotes were introduced, featuring enhanced security features and updated designs.

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.

01/03/1990: New Currency Symbol

A new currency symbol, ₲, was officially adopted for the Paraguayan Guaraní.

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.

12/04/1982: Decree on Currency Stability

The Paraguayan government issued a decree to maintain the stability of the Paraguayan Guaraní.

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.

30/10/1953: Monetary Reform

A new monetary reform was implemented, replacing existing banknotes with new designs.

04/03/1943: Paraguayan Guaraní Introduced

The Paraguayan government introduced the Paraguayan Guaraní as the official currency of Paraguay.
NGN PYG August 2023
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