Historic Vietnamese dong Nigerian Naira

Vietnamese dong nigerian naira history for February 2024. The highest quote for this month is 0.066146 (28/02/2024) and the lowest 0.065305 (23/02/2024). The difference between high and low is 1.27.

VND NGN average rate for February 2024 is 0.06003, the change between 01/02/2024 and 29/02/2024 is -35.39 %.

01 February 20241 VND = 0.0489 NGN
02 February 20241 VND = 0.0489 NGN
03 February 20241 VND = 0.0581 NGN
04 February 20241 VND = 0.0581 NGN
05 February 20241 VND = 0.0490 NGN
06 February 20241 VND = 0.0575 NGN
07 February 20241 VND = 0.0578 NGN
08 February 20241 VND = 0.0581 NGN
09 February 20241 VND = 0.0575 NGN
12 February 20241 VND = 0.0604 NGN
13 February 20241 VND = 0.0616 NGN
14 February 20241 VND = 0.0621 NGN
15 February 20241 VND = 0.0621 NGN
16 February 20241 VND = 0.0620 NGN
17 February 20241 VND = 0.0609 NGN
18 February 20241 VND = 0.0609 NGN
19 February 20241 VND = 0.0609 NGN
20 February 20241 VND = 0.0609 NGN
21 February 20241 VND = 0.0655 NGN
22 February 20241 VND = 0.0655 NGN
23 February 20241 VND = 0.0653 NGN
24 February 20241 VND = 0.0604 NGN
25 February 20241 VND = 0.0604 NGN
26 February 20241 VND = 0.0652 NGN
27 February 20241 VND = 0.0626 NGN
28 February 20241 VND = 0.0641 NGN
29 February 20241 VND = 0.0662 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.

29/05/1999: 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.

01/07/1973: Introduction of decimal currency

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