Historic Nigerian Naira Aruban florin

Nigerian Naira aruban florin history for December 2023. The highest quote for this month is 0.002269 (01/12/2023) and the lowest 0.002273 (01/12/2023). The difference between high and low is -0.18.

NGN AWG average rate for December 2023 is 0.00218, the change between 01/12/2023 and 31/12/2023 is +11.83 %.

01 December 20231 NGN = 0.0023 AWG
02 December 20231 NGN = 0.0023 AWG
03 December 20231 NGN = 0.0023 AWG
04 December 20231 NGN = 0.0023 AWG
05 December 20231 NGN = 0.0022 AWG
06 December 20231 NGN = 0.0022 AWG
07 December 20231 NGN = 0.0022 AWG
08 December 20231 NGN = 0.0022 AWG
10 December 20231 NGN = 0.0023 AWG
11 December 20231 NGN = 0.0022 AWG
12 December 20231 NGN = 0.0023 AWG
13 December 20231 NGN = 0.0022 AWG
14 December 20231 NGN = 0.0022 AWG
15 December 20231 NGN = 0.0023 AWG
16 December 20231 NGN = 0.0023 AWG
17 December 20231 NGN = 0.0023 AWG
18 December 20231 NGN = 0.0022 AWG
19 December 20231 NGN = 0.0023 AWG
20 December 20231 NGN = 0.0022 AWG
21 December 20231 NGN = 0.0022 AWG
22 December 20231 NGN = 0.0022 AWG
23 December 20231 NGN = 0.0020 AWG
24 December 20231 NGN = 0.0020 AWG
25 December 20231 NGN = 0.0020 AWG
26 December 20231 NGN = 0.0020 AWG
27 December 20231 NGN = 0.0020 AWG
28 December 20231 NGN = 0.0020 AWG
29 December 20231 NGN = 0.0020 AWG

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.

01/03/2018: Redenomination of the Aruban florin

Aruba redenominated its currency, replacing 1,000 florins with 1 florin, simplifying transactions and reducing the size of banknotes.

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.

01/01/2011: Introduction of polymer banknotes

Aruba introduced polymer banknotes, made from a durable and secure polymer substrate, to enhance the durability and security of its currency.

01/01/2003: Replacement of older banknotes

Older series of banknotes were phased out and replaced by newer and more secure banknotes featuring enhanced anti-counterfeiting measures.

01/01/2000: Adoption of new currency symbol

The Aruban florin adopted a new symbol, ƒ, to distinguish itself from other currencies.

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.

01/01/1993: Currency reform

A currency reform took place in Aruba, with the introduction of a new series of banknotes and the demonetization of certain older banknotes.

01/01/1990: Introduction of the guilders coins

Aruba introduced its own series of coins denominated in guilders, featuring unique designs and symbols reflective of Aruban culture.

01/01/1986: Introduction of the Aruban florin

The Aruban florin was established as the official currency of Aruba, replacing the Dutch guilder at a fixed rate of 1.79 florin to 1 guilder.

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.