Historic Colombian Peso Nigerian Naira

Colombian Peso nigerian naira history for January 2024. The highest quote for this month is 0.30352 (31/01/2024) and the lowest 0.24714 (15/01/2024). The difference between high and low is 18.58.

COP NGN average rate for January 2024 is 0.23216, the change between 01/01/2024 and 31/01/2024 is +2.14 %.

01 January 20241 COP = 0.2336 NGN
02 January 20241 COP = 0.2314 NGN
03 January 20241 COP = 0.2275 NGN
04 January 20241 COP = 0.2288 NGN
05 January 20241 COP = 0.2322 NGN
06 January 20241 COP = 0.2350 NGN
07 January 20241 COP = 0.2350 NGN
08 January 20241 COP = 0.2359 NGN
09 January 20241 COP = 0.2279 NGN
10 January 20241 COP = 0.2321 NGN
11 January 20241 COP = 0.2417 NGN
12 January 20241 COP = 0.2445 NGN
15 January 20241 COP = 0.2475 NGN
16 January 20241 COP = 0.2449 NGN
17 January 20241 COP = 0.2267 NGN
18 January 20241 COP = 0.2208 NGN
19 January 20241 COP = 0.2284 NGN
22 January 20241 COP = 0.2301 NGN
23 January 20241 COP = 0.2283 NGN
24 January 20241 COP = 0.2314 NGN
25 January 20241 COP = 0.2299 NGN
26 January 20241 COP = 0.2255 NGN
28 January 20241 COP = 0.2302 NGN
29 January 20241 COP = 0.2308 NGN
30 January 20241 COP = 0.2274 NGN
31 January 20241 COP = 0.2286 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.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

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.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.
COP NGN January 2024
COP NGN February 2024
COP NGN March 2024
COP NGN April 2024
COP NGN May 2024
COP NGN June 2024
COP NGN July 2024
COP NGN August 2024
COP NGN September 2024
COP NGN October 2024
COP NGN November 2024
COP NGN December 2024
COP NGN January 2025