Historic Nigerian Naira Bolivian boliviano

Nigerian Naira bolivian boliviano history for February 2024. The highest quote for this month is 0.005649 (01/02/2024) and the lowest 0.005639 (01/02/2024). The difference between high and low is 0.18.

NGN BOB average rate for February 2024 is 0.00463, the change between 01/02/2024 and 29/02/2024 is +26.78 %.

01 February 20241 NGN = 0.0056 BOB
02 February 20241 NGN = 0.0056 BOB
03 February 20241 NGN = 0.0049 BOB
04 February 20241 NGN = 0.0049 BOB
05 February 20241 NGN = 0.0057 BOB
06 February 20241 NGN = 0.0048 BOB
07 February 20241 NGN = 0.0048 BOB
08 February 20241 NGN = 0.0047 BOB
09 February 20241 NGN = 0.0048 BOB
12 February 20241 NGN = 0.0046 BOB
13 February 20241 NGN = 0.0045 BOB
14 February 20241 NGN = 0.0044 BOB
15 February 20241 NGN = 0.0044 BOB
16 February 20241 NGN = 0.0044 BOB
17 February 20241 NGN = 0.0046 BOB
18 February 20241 NGN = 0.0046 BOB
19 February 20241 NGN = 0.0045 BOB
20 February 20241 NGN = 0.0045 BOB
21 February 20241 NGN = 0.0042 BOB
22 February 20241 NGN = 0.0042 BOB
23 February 20241 NGN = 0.0042 BOB
24 February 20241 NGN = 0.0046 BOB
25 February 20241 NGN = 0.0046 BOB
26 February 20241 NGN = 0.0042 BOB
27 February 20241 NGN = 0.0044 BOB
28 February 20241 NGN = 0.0043 BOB
29 February 20241 NGN = 0.0041 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.
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