Nigerian Naira barbadian dollar exchange rate history (NGN BBD) December 2023

Nigerian Naira barbadian dollar history for December 2023. The highest quote for this month is 0.002538 (02/12/2023) and the lowest 0.002538 (02/12/2023). The difference between high and low is 0.

NGN BBD average rate for December 2023 is 0.00241, the change between 01/12/2023 and 31/12/2023 is +11.45 %.

01 December 2023	1 NGN = 0.0025 BBD
02 December 2023	1 NGN = 0.0025 BBD
03 December 2023	1 NGN = 0.0025 BBD
04 December 2023	1 NGN = 0.0025 BBD
05 December 2023	1 NGN = 0.0025 BBD
06 December 2023	1 NGN = 0.0025 BBD
07 December 2023	1 NGN = 0.0025 BBD
08 December 2023	1 NGN = 0.0025 BBD
10 December 2023	1 NGN = 0.0025 BBD
11 December 2023	1 NGN = 0.0025 BBD
12 December 2023	1 NGN = 0.0025 BBD
13 December 2023	1 NGN = 0.0025 BBD
14 December 2023	1 NGN = 0.0025 BBD
15 December 2023	1 NGN = 0.0025 BBD
16 December 2023	1 NGN = 0.0025 BBD
17 December 2023	1 NGN = 0.0025 BBD
18 December 2023	1 NGN = 0.0025 BBD
19 December 2023	1 NGN = 0.0025 BBD
20 December 2023	1 NGN = 0.0025 BBD
21 December 2023	1 NGN = 0.0024 BBD
22 December 2023	1 NGN = 0.0024 BBD
23 December 2023	1 NGN = 0.0022 BBD
24 December 2023	1 NGN = 0.0022 BBD
25 December 2023	1 NGN = 0.0022 BBD
26 December 2023	1 NGN = 0.0022 BBD
27 December 2023	1 NGN = 0.0022 BBD
28 December 2023	1 NGN = 0.0022 BBD
29 December 2023	1 NGN = 0.0022 BBD

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

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.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.

Historic Nigerian Naira Barbadian dollar