Historic Nigerian Naira Sri Lankan rupee

Nigerian Naira sri lankan rupee history for February 2024. The highest quote for this month is 0.2627 (01/02/2024) and the lowest 0.25997 (01/02/2024). The difference between high and low is 1.04.

NGN LKR average rate for February 2024 is 0.21262, the change between 01/02/2024 and 29/02/2024 is +28.14 %.

01 February 20241 NGN = 0.2615 LKR
02 February 20241 NGN = 0.2601 LKR
03 February 20241 NGN = 0.2200 LKR
05 February 20241 NGN = 0.2614 LKR
06 February 20241 NGN = 0.2213 LKR
07 February 20241 NGN = 0.2209 LKR
08 February 20241 NGN = 0.2187 LKR
09 February 20241 NGN = 0.2210 LKR
12 February 20241 NGN = 0.2099 LKR
13 February 20241 NGN = 0.2064 LKR
14 February 20241 NGN = 0.2047 LKR
15 February 20241 NGN = 0.2044 LKR
16 February 20241 NGN = 0.2041 LKR
19 February 20241 NGN = 0.2071 LKR
20 February 20241 NGN = 0.2072 LKR
21 February 20241 NGN = 0.1922 LKR
22 February 20241 NGN = 0.1919 LKR
23 February 20241 NGN = 0.1916 LKR
26 February 20241 NGN = 0.1914 LKR
27 February 20241 NGN = 0.1992 LKR
28 February 20241 NGN = 0.1946 LKR
29 February 20241 NGN = 0.1879 LKR

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.

16/12/2016: Demonetization of 50 Rupee Note

The 50 Rupee banknote was demonetized, leading to widespread confusion and inconvenience as people rushed to exchange their old notes.

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.

01/01/2010: Decimalization of Rupee

The Rupee was decimalized, with the introduction of coins denominated in cents, replacing the previous system of cents represented as a fraction of a Rupee.

17/08/2005: Series of New Banknotes

A new series of banknotes featuring improved security features and a more vibrant design was introduced to combat counterfeiting.

01/06/2001: Introduction of 10 Rupee Coin

The 10 Rupee coin was introduced, replacing the 10 Rupee banknotes, to reduce the cost of production and improve durability.

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.

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.

01/07/1977: Floating Exchange Rate

Sri Lanka shifted to a floating exchange rate regime, allowing the value of the Rupee to fluctuate based on market forces.

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.

22/05/1972: Ceylon becomes Sri Lanka

The country changes its name from Ceylon to Sri Lanka, and the currency is renamed Sri Lankan Rupee (LKR).

22/06/1966: Introduction of the Ceylon Rupee

The Ceylon Rupee was established as the official currency of Sri Lanka, replacing the Indian Rupee at a rate of 1:2.