Historic Vietnamese dong Nigerian Naira

Vietnamese dong nigerian naira history for October 2023. The highest quote for this month is 0.035887 (23/10/2023) and the lowest 0.032156 (29/10/2023). The difference between high and low is 10.4.

VND NGN average rate for October 2023 is 0.03183, the change between 01/10/2023 and 31/10/2023 is -1.04 %.

01 October 20231 VND = 0.0317 NGN
02 October 20231 VND = 0.0317 NGN
03 October 20231 VND = 0.0315 NGN
04 October 20231 VND = 0.0314 NGN
05 October 20231 VND = 0.0306 NGN
06 October 20231 VND = 0.0312 NGN
07 October 20231 VND = 0.0317 NGN
09 October 20231 VND = 0.0317 NGN
10 October 20231 VND = 0.0311 NGN
11 October 20231 VND = 0.0313 NGN
12 October 20231 VND = 0.0314 NGN
13 October 20231 VND = 0.0314 NGN
16 October 20231 VND = 0.0315 NGN
17 October 20231 VND = 0.0313 NGN
18 October 20231 VND = 0.0312 NGN
19 October 20231 VND = 0.0312 NGN
20 October 20231 VND = 0.0305 NGN
23 October 20231 VND = 0.0350 NGN
24 October 20231 VND = 0.0311 NGN
25 October 20231 VND = 0.0350 NGN
26 October 20231 VND = 0.0333 NGN
27 October 20231 VND = 0.0326 NGN
29 October 20231 VND = 0.0322 NGN
30 October 20231 VND = 0.0323 NGN
31 October 20231 VND = 0.0320 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.