Historic Belarusian ruble Nigerian Naira

Belarusian ruble nigerian naira history for October 2023. The highest quote for this month is 268.49 (23/10/2023) and the lowest 240.29 (27/10/2023). The difference between high and low is 10.5.

BYN NGN average rate for October 2023 is 237.08174, the change between 01/10/2023 and 31/10/2023 is -1.97 %.

02 October 20231 BYN = 234.5 NGN
03 October 20231 BYN = 233.3 NGN
04 October 20231 BYN = 232.8 NGN
05 October 20231 BYN = 227.3 NGN
06 October 20231 BYN = 232.2 NGN
09 October 20231 BYN = 235.6 NGN
10 October 20231 BYN = 230.8 NGN
11 October 20231 BYN = 231.8 NGN
12 October 20231 BYN = 233.0 NGN
13 October 20231 BYN = 233.5 NGN
16 October 20231 BYN = 233.8 NGN
17 October 20231 BYN = 232.5 NGN
18 October 20231 BYN = 232.2 NGN
19 October 20231 BYN = 232.7 NGN
20 October 20231 BYN = 227.8 NGN
23 October 20231 BYN = 261.7 NGN
24 October 20231 BYN = 232.5 NGN
25 October 20231 BYN = 261.4 NGN
26 October 20231 BYN = 248.5 NGN
27 October 20231 BYN = 243.8 NGN
29 October 20231 BYN = 240.1 NGN
30 October 20231 BYN = 242.1 NGN
31 October 20231 BYN = 239.1 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.