Nigerian Naira bolivian boliviano exchange rate history (NGN BOB) December 2023

Nigerian Naira bolivian boliviano history for December 2023. The highest quote for this month is 0.008693 (02/12/2023) and the lowest 0.008693 (02/12/2023). The difference between high and low is 0.

NGN BOB average rate for December 2023 is 0.00823, the change between 01/12/2023 and 31/12/2023 is +11.45 %.

01 December 2023	1 NGN = 0.0085 BOB
02 December 2023	1 NGN = 0.0087 BOB
03 December 2023	1 NGN = 0.0087 BOB
04 December 2023	1 NGN = 0.0085 BOB
05 December 2023	1 NGN = 0.0084 BOB
06 December 2023	1 NGN = 0.0084 BOB
07 December 2023	1 NGN = 0.0084 BOB
08 December 2023	1 NGN = 0.0084 BOB
10 December 2023	1 NGN = 0.0087 BOB
11 December 2023	1 NGN = 0.0084 BOB
12 December 2023	1 NGN = 0.0085 BOB
13 December 2023	1 NGN = 0.0084 BOB
14 December 2023	1 NGN = 0.0084 BOB
15 December 2023	1 NGN = 0.0085 BOB
16 December 2023	1 NGN = 0.0087 BOB
17 December 2023	1 NGN = 0.0087 BOB
18 December 2023	1 NGN = 0.0084 BOB
19 December 2023	1 NGN = 0.0085 BOB
20 December 2023	1 NGN = 0.0084 BOB
21 December 2023	1 NGN = 0.0082 BOB
22 December 2023	1 NGN = 0.0082 BOB
23 December 2023	1 NGN = 0.0076 BOB
24 December 2023	1 NGN = 0.0076 BOB
25 December 2023	1 NGN = 0.0075 BOB
26 December 2023	1 NGN = 0.0075 BOB
27 December 2023	1 NGN = 0.0075 BOB
28 December 2023	1 NGN = 0.0075 BOB
29 December 2023	1 NGN = 0.0075 BOB

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.

31/12/2004: Return to the boliviano

Bolivia ended the dollarization period and officially reintroduced the boliviano as the sole legal tender of the country.

31/12/2003: Dollarization crisis

Bolivia experienced a financial crisis, leading to the temporary dollarization of the economy and the use of the US dollar as legal tender.

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.

31/03/1988: Bolivianoization

Bolivianoization was implemented, requiring all contracts and transactions to be conducted in bolivianos instead of foreign currencies.

28/02/1987: Introduction of the second boliviano

A new boliviano, known as the second boliviano (Boliviano de Segunda), was introduced to replace the heavily devalued first boliviano.

31/01/1986: Hyperinflation crisis

Bolivia experienced a severe hyperinflation crisis, leading to the devaluation of the boliviano.

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.

31/12/1962: Monetary reform

The boliviano underwent a monetary reform, with new banknotes and coins being issued.

31/12/1891: Introduction of Bolivian boliviano

The boliviano was introduced as the official currency of Bolivia, replacing the Bolivian peso.

Historic Nigerian Naira Bolivian boliviano