Historic Belarusian ruble Nigerian Naira

Belarusian ruble nigerian naira history for February 2024. The highest quote for this month is 498.66 (29/02/2024) and the lowest 490.89 (23/02/2024). The difference between high and low is 1.56.

BYN NGN average rate for February 2024 is 449.65704, the change between 01/02/2024 and 29/02/2024 is -36.54 %.

01 February 20241 BYN = 366.1 NGN
02 February 20241 BYN = 364.9 NGN
03 February 20241 BYN = 432.2 NGN
04 February 20241 BYN = 432.2 NGN
05 February 20241 BYN = 361.4 NGN
06 February 20241 BYN = 427.9 NGN
07 February 20241 BYN = 430.4 NGN
08 February 20241 BYN = 433.8 NGN
09 February 20241 BYN = 429.2 NGN
12 February 20241 BYN = 451.6 NGN
13 February 20241 BYN = 460.0 NGN
14 February 20241 BYN = 463.6 NGN
15 February 20241 BYN = 463.9 NGN
16 February 20241 BYN = 464.3 NGN
17 February 20241 BYN = 456.5 NGN
18 February 20241 BYN = 456.5 NGN
19 February 20241 BYN = 456.9 NGN
20 February 20241 BYN = 457.0 NGN
21 February 20241 BYN = 491.3 NGN
22 February 20241 BYN = 491.7 NGN
23 February 20241 BYN = 491.4 NGN
24 February 20241 BYN = 455.2 NGN
25 February 20241 BYN = 455.2 NGN
26 February 20241 BYN = 492.0 NGN
27 February 20241 BYN = 472.6 NGN
28 February 20241 BYN = 483.2 NGN
29 February 20241 BYN = 499.9 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.