Nigerian Naira bitcoin exchange rate history (NGN BTC) February 2024

Nigerian Naira bitcoin history for February 2024. The highest quote for this month is 39.207 (28/02/2024) and the lowest 38.29 (29/02/2024). The difference between high and low is 2.34.

NGN BTC average rate for February 2024 is 34.02867, the change between 01/02/2024 and 29/02/2024 is -4.06 %.

01 February 2024	1 NGN = 36.08 BTC
02 February 2024	1 NGN = 36.23 BTC
03 February 2024	1 NGN = 30.42 BTC
04 February 2024	1 NGN = 30.13 BTC
05 February 2024	1 NGN = 35.79 BTC
06 February 2024	1 NGN = 30.77 BTC
07 February 2024	1 NGN = 31.49 BTC
08 February 2024	1 NGN = 31.96 BTC
09 February 2024	1 NGN = 33.59 BTC
12 February 2024	1 NGN = 33.89 BTC
13 February 2024	1 NGN = 33.10 BTC
14 February 2024	1 NGN = 34.21 BTC
15 February 2024	1 NGN = 34.26 BTC
16 February 2024	1 NGN = 34.39 BTC
17 February 2024	1 NGN = 34.61 BTC
18 February 2024	1 NGN = 34.92 BTC
19 February 2024	1 NGN = 34.68 BTC
20 February 2024	1 NGN = 35.02 BTC
21 February 2024	1 NGN = 32.28 BTC
22 February 2024	1 NGN = 31.94 BTC
23 February 2024	1 NGN = 31.58 BTC
24 February 2024	1 NGN = 34.65 BTC
25 February 2024	1 NGN = 34.76 BTC
26 February 2024	1 NGN = 33.94 BTC
27 February 2024	1 NGN = 36.97 BTC
28 February 2024	1 NGN = 39.60 BTC
29 February 2024	1 NGN = 37.54 BTC

08/02/2021: Tesla's Bitcoin Investment

Tesla announced a $1.5 billion investment in Bitcoin and plans to accept it as a form of payment for its products.

11/05/2020: Third Bitcoin Halving

The block reward for miners was reduced from 12.5 BTC to 6.25 BTC, reducing the rate of new Bitcoin creation.

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.

17/12/2017: Bitcoin Price Peak

Bitcoin reached its all-time high price of nearly $20,000 per BTC during a speculative market frenzy.

01/08/2017: Bitcoin Cash Fork

Bitcoin underwent a hard fork leading to the creation of a new cryptocurrency called Bitcoin Cash (BCH).

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.

28/11/2013: All-Time High (ATH) Price

Bitcoin reached its first significant price milestone by surpassing $1,000 per BTC for the first time.

22/05/2010: Bitcoin Pizza Day

Laszlo Hanyecz made the first recorded real-world transaction using Bitcoin, buying two pizzas for 10,000 BTC.

03/01/2009: Bitcoin Genesis Block

The first block of the Bitcoin blockchain, also known as the Genesis Block, was mined by Satoshi Nakamoto.

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.

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.

Historic Nigerian Naira Bitcoin