Historic Nigerian Naira Belarusian ruble

Nigerian Naira belarusian ruble history for February 2024. The highest quote for this month is 0.002744 (01/02/2024) and the lowest 0.00274 (01/02/2024). The difference between high and low is 0.15.

NGN BYN average rate for February 2024 is 0.00224, the change between 01/02/2024 and 29/02/2024 is +26.76 %.

01 February 20241 NGN = 0.0027 BYN
02 February 20241 NGN = 0.0027 BYN
03 February 20241 NGN = 0.0023 BYN
04 February 20241 NGN = 0.0023 BYN
05 February 20241 NGN = 0.0028 BYN
06 February 20241 NGN = 0.0023 BYN
07 February 20241 NGN = 0.0023 BYN
08 February 20241 NGN = 0.0023 BYN
09 February 20241 NGN = 0.0023 BYN
12 February 20241 NGN = 0.0022 BYN
13 February 20241 NGN = 0.0022 BYN
14 February 20241 NGN = 0.0022 BYN
15 February 20241 NGN = 0.0022 BYN
16 February 20241 NGN = 0.0022 BYN
17 February 20241 NGN = 0.0022 BYN
18 February 20241 NGN = 0.0022 BYN
19 February 20241 NGN = 0.0022 BYN
20 February 20241 NGN = 0.0022 BYN
21 February 20241 NGN = 0.0020 BYN
22 February 20241 NGN = 0.0020 BYN
23 February 20241 NGN = 0.0020 BYN
24 February 20241 NGN = 0.0022 BYN
25 February 20241 NGN = 0.0022 BYN
26 February 20241 NGN = 0.0020 BYN
27 February 20241 NGN = 0.0021 BYN
28 February 20241 NGN = 0.0021 BYN
29 February 20241 NGN = 0.0020 BYN

01/01/2021: Introduction of New Banknotes

New banknotes with enhanced security features were introduced, replacing the previous designs.

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.

20/12/2016: Abolishment of Currency Controls

Belarus abolished most of the currency controls, allowing for greater flexibility in foreign currency transactions.

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.

01/01/2015: Introduction of Currency Controls

To stabilize the economy, Belarus implemented currency controls, restricting foreign currency transactions.

22/12/2014: Devaluation of the Belarusian Ruble

The Belarusian Ruble experienced a significant devaluation, causing a sharp drop in its value against major currencies.

01/07/2011: Creation of the Single Currency Market

The Single Currency Market was established, allowing for unified exchange rates between the Belarusian Ruble and foreign currencies.

01/01/2000: Redenomination of the Belarusian Ruble

The Belarusian Ruble underwent a redenomination, with four zeros being removed from the currency.

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.

26/05/1992: Introduction of the Belarusian Ruble

The Belarusian Ruble was introduced as the official currency of Belarus, replacing the Soviet ruble.

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.
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