Historic Brunei dollar Nigerian Naira

Brunei dollar nigerian naira history for January 2024. The highest quote for this month is 903.51 (31/01/2024) and the lowest 733.07 (12/01/2024). The difference between high and low is 18.86.

BND NGN average rate for January 2024 is 690.27, the change between 01/01/2024 and 31/01/2024 is +1.34 %.

01 January 20241 BND = 689.7 NGN
02 January 20241 BND = 691.0 NGN
03 January 20241 BND = 678.8 NGN
04 January 20241 BND = 683.4 NGN
05 January 20241 BND = 698.4 NGN
06 January 20241 BND = 687.4 NGN
07 January 20241 BND = 687.4 NGN
08 January 20241 BND = 700.3 NGN
09 January 20241 BND = 676.6 NGN
10 January 20241 BND = 698.8 NGN
11 January 20241 BND = 727.0 NGN
12 January 20241 BND = 732.7 NGN
15 January 20241 BND = 731.9 NGN
16 January 20241 BND = 731.4 NGN
17 January 20241 BND = 678.4 NGN
18 January 20241 BND = 661.3 NGN
19 January 20241 BND = 677.7 NGN
22 January 20241 BND = 676.1 NGN
23 January 20241 BND = 675.8 NGN
24 January 20241 BND = 694.9 NGN
25 January 20241 BND = 684.2 NGN
26 January 20241 BND = 674.3 NGN
28 January 20241 BND = 669.9 NGN
29 January 20241 BND = 681.8 NGN
30 January 20241 BND = 677.4 NGN
31 January 20241 BND = 680.5 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.
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