Historic Bolivian boliviano Nigerian Naira

Bolivian boliviano nigerian naira history for December 2023. The highest quote for this month is 134.5 (27/12/2023) and the lowest 134.2 (27/12/2023). The difference between high and low is 0.22.

BOB NGN average rate for December 2023 is 121.825, the change between 01/12/2023 and 31/12/2023 is -12.93 %.

01 December 20231 BOB = 117.4 NGN
02 December 20231 BOB = 115.0 NGN
03 December 20231 BOB = 115.0 NGN
04 December 20231 BOB = 117.2 NGN
05 December 20231 BOB = 118.7 NGN
06 December 20231 BOB = 119.3 NGN
07 December 20231 BOB = 119.4 NGN
08 December 20231 BOB = 119.0 NGN
10 December 20231 BOB = 115.2 NGN
11 December 20231 BOB = 119.2 NGN
12 December 20231 BOB = 117.8 NGN
13 December 20231 BOB = 119.3 NGN
14 December 20231 BOB = 119.3 NGN
15 December 20231 BOB = 117.6 NGN
16 December 20231 BOB = 115.2 NGN
17 December 20231 BOB = 115.2 NGN
18 December 20231 BOB = 118.6 NGN
19 December 20231 BOB = 117.4 NGN
20 December 20231 BOB = 119.0 NGN
21 December 20231 BOB = 122.6 NGN
22 December 20231 BOB = 122.2 NGN
23 December 20231 BOB = 132.0 NGN
24 December 20231 BOB = 131.7 NGN
25 December 20231 BOB = 134.1 NGN
26 December 20231 BOB = 134.2 NGN
27 December 20231 BOB = 134.2 NGN
28 December 20231 BOB = 133.0 NGN
29 December 20231 BOB = 132.6 NGN

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.

20/06/2016: 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.

31/12/2004: Return to the boliviano

Bolivia ended the dollarization period and officially reintroduced the boliviano as the sole legal tender of the country.

31/12/2003: Dollarization crisis

Bolivia experienced a financial crisis, leading to the temporary dollarization of the economy and the use of the US dollar as legal tender.

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.

31/03/1988: Bolivianoization

Bolivianoization was implemented, requiring all contracts and transactions to be conducted in bolivianos instead of foreign currencies.

28/02/1987: Introduction of the second boliviano

A new boliviano, known as the second boliviano (Boliviano de Segunda), was introduced to replace the heavily devalued first boliviano.

31/01/1986: Hyperinflation crisis

Bolivia experienced a severe hyperinflation crisis, leading to the devaluation of the boliviano.

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.

31/12/1962: Monetary reform

The boliviano underwent a monetary reform, with new banknotes and coins being issued.

31/12/1891: Introduction of Bolivian boliviano

The boliviano was introduced as the official currency of Bolivia, replacing the Bolivian peso.
BOB NGN July 2023
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