Historic Belarusian ruble Nigerian Naira

Belarusian ruble nigerian naira history for August 2023. The highest quote for this month is 312.29 (07/08/2023) and the lowest 306.35 (31/08/2023). The difference between high and low is 1.9.

BYN NGN average rate for August 2023 is 303.18538, the change between 01/08/2023 and 31/08/2023 is -1.7 %.

01 August 20231 BYN = 301.4 NGN
02 August 20231 BYN = 300.7 NGN
03 August 20231 BYN = 307.5 NGN
04 August 20231 BYN = 308.7 NGN
07 August 20231 BYN = 305.6 NGN
08 August 20231 BYN = 298.0 NGN
09 August 20231 BYN = 297.9 NGN
10 August 20231 BYN = 305.1 NGN
11 August 20231 BYN = 305.1 NGN
12 August 20231 BYN = 304.7 NGN
14 August 20231 BYN = 305.1 NGN
15 August 20231 BYN = 303.8 NGN
16 August 20231 BYN = 301.6 NGN
17 August 20231 BYN = 311.6 NGN
18 August 20231 BYN = 304.5 NGN
19 August 20231 BYN = 295.6 NGN
20 August 20231 BYN = 295.6 NGN
21 August 20231 BYN = 296.8 NGN
22 August 20231 BYN = 303.6 NGN
23 August 20231 BYN = 302.4 NGN
24 August 20231 BYN = 301.7 NGN
25 August 20231 BYN = 299.8 NGN
28 August 20231 BYN = 305.8 NGN
29 August 20231 BYN = 307.1 NGN
30 August 20231 BYN = 306.5 NGN
31 August 20231 BYN = 306.5 NGN

01/01/2021: Introduction of New Banknotes

New banknotes with enhanced security features were introduced, replacing the previous designs.

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.

20/12/2016: Abolishment of Currency Controls

Belarus abolished most of the currency controls, allowing for greater flexibility in foreign currency transactions.

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.

01/01/2015: Introduction of Currency Controls

To stabilize the economy, Belarus implemented currency controls, restricting foreign currency transactions.

22/12/2014: Devaluation of the Belarusian Ruble

The Belarusian Ruble experienced a significant devaluation, causing a sharp drop in its value against major currencies.

01/07/2011: Creation of the Single Currency Market

The Single Currency Market was established, allowing for unified exchange rates between the Belarusian Ruble and foreign currencies.

01/01/2000: Redenomination of the Belarusian Ruble

The Belarusian Ruble underwent a redenomination, with four zeros being removed from 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.

26/05/1992: Introduction of the Belarusian Ruble

The Belarusian Ruble was introduced as the official currency of Belarus, replacing the Soviet ruble.

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.