Historic Bolivian boliviano Nigerian Naira

Bolivian boliviano nigerian naira history for February 2024. The highest quote for this month is 242.27 (29/02/2024) and the lowest 238.55 (23/02/2024). The difference between high and low is 1.54.

BOB NGN average rate for February 2024 is 217.53815, the change between 01/02/2024 and 29/02/2024 is -36.58 %.

01 February 20241 BOB = 177.9 NGN
02 February 20241 BOB = 177.3 NGN
03 February 20241 BOB = 206.0 NGN
04 February 20241 BOB = 206.0 NGN
05 February 20241 BOB = 175.6 NGN
06 February 20241 BOB = 208.0 NGN
07 February 20241 BOB = 209.2 NGN
08 February 20241 BOB = 210.8 NGN
09 February 20241 BOB = 207.9 NGN
12 February 20241 BOB = 219.4 NGN
13 February 20241 BOB = 223.5 NGN
14 February 20241 BOB = 225.3 NGN
15 February 20241 BOB = 225.5 NGN
16 February 20241 BOB = 225.7 NGN
17 February 20241 BOB = 217.6 NGN
18 February 20241 BOB = 217.6 NGN
19 February 20241 BOB = 222.0 NGN
20 February 20241 BOB = 222.1 NGN
21 February 20241 BOB = 238.8 NGN
22 February 20241 BOB = 238.9 NGN
23 February 20241 BOB = 238.8 NGN
24 February 20241 BOB = 217.0 NGN
25 February 20241 BOB = 217.0 NGN
26 February 20241 BOB = 239.1 NGN
27 February 20241 BOB = 229.6 NGN
28 February 20241 BOB = 234.3 NGN
29 February 20241 BOB = 242.9 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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