Bitcoin nigerian naira exchange rate history (BTC NGN) February 2024

Bitcoin nigerian naira history for February 2024. The highest quote for this month is 0.032789 (04/02/2024) and the lowest 0.033348 (04/02/2024). The difference between high and low is -1.7.

BTC NGN average rate for February 2024 is 0.02951, the change between 01/02/2024 and 29/02/2024 is +3.9 %.

01 February 2024	1 BTC = 0.0277 NGN
02 February 2024	1 BTC = 0.0276 NGN
03 February 2024	1 BTC = 0.0329 NGN
04 February 2024	1 BTC = 0.0332 NGN
05 February 2024	1 BTC = 0.0279 NGN
06 February 2024	1 BTC = 0.0325 NGN
07 February 2024	1 BTC = 0.0318 NGN
08 February 2024	1 BTC = 0.0313 NGN
09 February 2024	1 BTC = 0.0298 NGN
12 February 2024	1 BTC = 0.0295 NGN
13 February 2024	1 BTC = 0.0302 NGN
14 February 2024	1 BTC = 0.0292 NGN
15 February 2024	1 BTC = 0.0292 NGN
16 February 2024	1 BTC = 0.0291 NGN
17 February 2024	1 BTC = 0.0289 NGN
18 February 2024	1 BTC = 0.0286 NGN
19 February 2024	1 BTC = 0.0288 NGN
20 February 2024	1 BTC = 0.0286 NGN
21 February 2024	1 BTC = 0.0310 NGN
22 February 2024	1 BTC = 0.0313 NGN
23 February 2024	1 BTC = 0.0317 NGN
24 February 2024	1 BTC = 0.0289 NGN
25 February 2024	1 BTC = 0.0288 NGN
26 February 2024	1 BTC = 0.0295 NGN
27 February 2024	1 BTC = 0.0270 NGN
28 February 2024	1 BTC = 0.0253 NGN
29 February 2024	1 BTC = 0.0266 NGN

08/02/2021: Tesla's Bitcoin Investment

Tesla announced a $1.5 billion investment in Bitcoin and plans to accept it as a form of payment for its products.

11/05/2020: Third Bitcoin Halving

The block reward for miners was reduced from 12.5 BTC to 6.25 BTC, reducing the rate of new Bitcoin creation.

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.

17/12/2017: Bitcoin Price Peak

Bitcoin reached its all-time high price of nearly $20,000 per BTC during a speculative market frenzy.

01/08/2017: Bitcoin Cash Fork

Bitcoin underwent a hard fork leading to the creation of a new cryptocurrency called Bitcoin Cash (BCH).

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.

28/11/2013: All-Time High (ATH) Price

Bitcoin reached its first significant price milestone by surpassing $1,000 per BTC for the first time.

22/05/2010: Bitcoin Pizza Day

Laszlo Hanyecz made the first recorded real-world transaction using Bitcoin, buying two pizzas for 10,000 BTC.

03/01/2009: Bitcoin Genesis Block

The first block of the Bitcoin blockchain, also known as the Genesis Block, was mined by Satoshi Nakamoto.

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.

Historic Bitcoin Nigerian Naira