Historic Nigerian Naira Barbadian dollar

Nigerian Naira barbadian dollar history for February 2024. The highest quote for this month is 0.001657 (01/02/2024) and the lowest 0.001654 (01/02/2024). The difference between high and low is 0.18.

NGN BBD average rate for February 2024 is 0.00136, the change between 01/02/2024 and 29/02/2024 is +26.74 %.

01 February 20241 NGN = 0.0016 BBD
02 February 20241 NGN = 0.0017 BBD
03 February 20241 NGN = 0.0014 BBD
04 February 20241 NGN = 0.0014 BBD
05 February 20241 NGN = 0.0017 BBD
06 February 20241 NGN = 0.0014 BBD
07 February 20241 NGN = 0.0014 BBD
08 February 20241 NGN = 0.0014 BBD
09 February 20241 NGN = 0.0014 BBD
12 February 20241 NGN = 0.0013 BBD
13 February 20241 NGN = 0.0013 BBD
14 February 20241 NGN = 0.0013 BBD
15 February 20241 NGN = 0.0013 BBD
16 February 20241 NGN = 0.0013 BBD
17 February 20241 NGN = 0.0013 BBD
18 February 20241 NGN = 0.0013 BBD
19 February 20241 NGN = 0.0013 BBD
20 February 20241 NGN = 0.0013 BBD
21 February 20241 NGN = 0.0012 BBD
22 February 20241 NGN = 0.0012 BBD
23 February 20241 NGN = 0.0012 BBD
24 February 20241 NGN = 0.0013 BBD
25 February 20241 NGN = 0.0013 BBD
26 February 20241 NGN = 0.0012 BBD
27 February 20241 NGN = 0.0013 BBD
28 February 20241 NGN = 0.0013 BBD
29 February 20241 NGN = 0.0012 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.
NGN BBD July 2023
NGN BBD August 2023
NGN BBD September 2023
NGN BBD October 2023
NGN BBD November 2023
NGN BBD December 2023
NGN BBD January 2024
NGN BBD February 2024
NGN BBD March 2024
NGN BBD April 2024
NGN BBD May 2024
NGN BBD June 2024
NGN BBD July 2024