Nigerian Naira brunei dollar exchange rate history (NGN BND) December 2023

Nigerian Naira brunei dollar history for December 2023. The highest quote for this month is 0.001698 (10/12/2023) and the lowest 0.001697 (10/12/2023). The difference between high and low is 0.06.

NGN BND average rate for December 2023 is 0.0016, the change between 01/12/2023 and 31/12/2023 is +12.81 %.

01 December 2023	1 NGN = 0.0017 BND
02 December 2023	1 NGN = 0.0017 BND
03 December 2023	1 NGN = 0.0017 BND
04 December 2023	1 NGN = 0.0017 BND
05 December 2023	1 NGN = 0.0016 BND
06 December 2023	1 NGN = 0.0016 BND
07 December 2023	1 NGN = 0.0016 BND
08 December 2023	1 NGN = 0.0016 BND
10 December 2023	1 NGN = 0.0017 BND
11 December 2023	1 NGN = 0.0016 BND
12 December 2023	1 NGN = 0.0017 BND
13 December 2023	1 NGN = 0.0016 BND
14 December 2023	1 NGN = 0.0016 BND
15 December 2023	1 NGN = 0.0017 BND
16 December 2023	1 NGN = 0.0017 BND
17 December 2023	1 NGN = 0.0017 BND
18 December 2023	1 NGN = 0.0016 BND
19 December 2023	1 NGN = 0.0017 BND
20 December 2023	1 NGN = 0.0016 BND
21 December 2023	1 NGN = 0.0016 BND
22 December 2023	1 NGN = 0.0016 BND
23 December 2023	1 NGN = 0.0015 BND
24 December 2023	1 NGN = 0.0015 BND
25 December 2023	1 NGN = 0.0014 BND
26 December 2023	1 NGN = 0.0014 BND
27 December 2023	1 NGN = 0.0014 BND
28 December 2023	1 NGN = 0.0015 BND
29 December 2023	1 NGN = 0.0015 BND

01/01/2022: Removal of monarchy symbol

Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.

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.

21/07/2017: Commencement of New Series Polymer Banknotes

New series of polymer banknotes with modern designs entered circulation.

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.

05/05/2013: Upgrade of polymer banknotes

Introduction of new polymer banknotes with enhanced security features.

01/07/2011: Introduction of Brunei-Indonesia Currency Agreement

Brunei dollar became interchangeable with Indonesian rupiah in specified regions.

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.

18/03/1996: Change in currency regime

Brunei dollar became fully backed by foreign exchange reserves instead of gold.

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.

12/06/1973: Establishment of Brunei Currency Board

Currency Board assumed responsibility for the issuance and management of Brunei dollar.

27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement

Brunei and Singapore dollars became interchangeable at par.

Historic Nigerian Naira Brunei dollar