Belarusian ruble nigerian naira exchange rate history (BYN NGN) December 2023

Belarusian ruble nigerian naira history for December 2023. The highest quote for this month is 275.4 (22/12/2023) and the lowest 274.7 (22/12/2023). The difference between high and low is 0.25.

BYN NGN average rate for December 2023 is 250.22321, the change between 01/12/2023 and 31/12/2023 is -12.73 %.

01 December 2023	1 BYN = 240.1 NGN
02 December 2023	1 BYN = 239.5 NGN
03 December 2023	1 BYN = 239.5 NGN
04 December 2023	1 BYN = 239.5 NGN
05 December 2023	1 BYN = 242.6 NGN
06 December 2023	1 BYN = 243.8 NGN
07 December 2023	1 BYN = 243.7 NGN
08 December 2023	1 BYN = 243.2 NGN
10 December 2023	1 BYN = 240.1 NGN
11 December 2023	1 BYN = 243.7 NGN
12 December 2023	1 BYN = 240.8 NGN
13 December 2023	1 BYN = 243.8 NGN
14 December 2023	1 BYN = 243.7 NGN
15 December 2023	1 BYN = 240.4 NGN
16 December 2023	1 BYN = 239.8 NGN
17 December 2023	1 BYN = 239.8 NGN
18 December 2023	1 BYN = 242.6 NGN
19 December 2023	1 BYN = 240.0 NGN
20 December 2023	1 BYN = 243.4 NGN
21 December 2023	1 BYN = 250.6 NGN
22 December 2023	1 BYN = 250.8 NGN
23 December 2023	1 BYN = 275.2 NGN
24 December 2023	1 BYN = 274.2 NGN
25 December 2023	1 BYN = 274.3 NGN
26 December 2023	1 BYN = 274.5 NGN
27 December 2023	1 BYN = 274.5 NGN
28 December 2023	1 BYN = 271.5 NGN
29 December 2023	1 BYN = 270.7 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.

Historic Belarusian ruble Nigerian Naira