Historic Brunei dollar Nigerian Naira

Brunei dollar nigerian naira history for February 2024. The highest quote for this month is 1232.37 (29/02/2024) and the lowest 1213.96 (23/02/2024). The difference between high and low is 1.49.

BND NGN average rate for February 2024 is 1108.14778, the change between 01/02/2024 and 29/02/2024 is -35.96 %.

01 February 20241 BND = 908.1 NGN
02 February 20241 BND = 904.6 NGN
03 February 20241 BND = 1053.15 NGN
04 February 20241 BND = 1053.15 NGN
05 February 20241 BND = 900.1 NGN
06 February 20241 BND = 1057.51 NGN
07 February 20241 BND = 1063.42 NGN
08 February 20241 BND = 1074.00 NGN
09 February 20241 BND = 1060.11 NGN
12 February 20241 BND = 1115.39 NGN
13 February 20241 BND = 1137.33 NGN
14 February 20241 BND = 1146.07 NGN
15 February 20241 BND = 1142.92 NGN
16 February 20241 BND = 1145.93 NGN
17 February 20241 BND = 1108.85 NGN
18 February 20241 BND = 1109.34 NGN
19 February 20241 BND = 1128.88 NGN
20 February 20241 BND = 1129.33 NGN
21 February 20241 BND = 1214.62 NGN
22 February 20241 BND = 1215.81 NGN
23 February 20241 BND = 1218.37 NGN
24 February 20241 BND = 1108.43 NGN
25 February 20241 BND = 1108.43 NGN
26 February 20241 BND = 1216.72 NGN
27 February 20241 BND = 1168.91 NGN
28 February 20241 BND = 1195.92 NGN
29 February 20241 BND = 1234.64 NGN

01/01/2022: Removal of monarchy symbol

Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.

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.

21/07/2017: Commencement of New Series Polymer Banknotes

New series of polymer banknotes with modern designs entered circulation.

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.

05/05/2013: Upgrade of polymer banknotes

Introduction of new polymer banknotes with enhanced security features.

01/07/2011: Introduction of Brunei-Indonesia Currency Agreement

Brunei dollar became interchangeable with Indonesian rupiah in specified regions.

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.

18/03/1996: Change in currency regime

Brunei dollar became fully backed by foreign exchange reserves instead of gold.

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.

12/06/1973: Establishment of Brunei Currency Board

Currency Board assumed responsibility for the issuance and management of Brunei dollar.

27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement

Brunei and Singapore dollars became interchangeable at par.
BND NGN July 2023
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