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

Bitcoin nigerian naira history for January 2024. The highest quote for this month is 0.027243 (31/01/2024) and the lowest 0.022955 (15/01/2024). The difference between high and low is 15.74.

BTC NGN average rate for January 2024 is 0.02108, the change between 01/01/2024 and 31/01/2024 is -3.7 %.

01 January 2024	1 BTC = 0.0203 NGN
02 January 2024	1 BTC = 0.0200 NGN
03 January 2024	1 BTC = 0.0206 NGN
04 January 2024	1 BTC = 0.0202 NGN
05 January 2024	1 BTC = 0.0207 NGN
06 January 2024	1 BTC = 0.0208 NGN
07 January 2024	1 BTC = 0.0208 NGN
08 January 2024	1 BTC = 0.0195 NGN
09 January 2024	1 BTC = 0.0192 NGN
10 January 2024	1 BTC = 0.0196 NGN
11 January 2024	1 BTC = 0.0205 NGN
12 January 2024	1 BTC = 0.0223 NGN
15 January 2024	1 BTC = 0.0225 NGN
16 January 2024	1 BTC = 0.0222 NGN
17 January 2024	1 BTC = 0.0209 NGN
18 January 2024	1 BTC = 0.0212 NGN
19 January 2024	1 BTC = 0.0215 NGN
22 January 2024	1 BTC = 0.0225 NGN
23 January 2024	1 BTC = 0.0223 NGN
24 January 2024	1 BTC = 0.0228 NGN
25 January 2024	1 BTC = 0.0225 NGN
26 January 2024	1 BTC = 0.0212 NGN
28 January 2024	1 BTC = 0.0214 NGN
29 January 2024	1 BTC = 0.0208 NGN
30 January 2024	1 BTC = 0.0208 NGN
31 January 2024	1 BTC = 0.0210 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