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

Nigerian Naira brunei dollar history for October 2023. The highest quote for this month is 0.001778 (07/10/2023) and the lowest 0.001805 (04/10/2023). The difference between high and low is -1.52.

NGN BND average rate for October 2023 is 0.00173, the change between 01/10/2023 and 31/10/2023 is +3.83 %.

01 October 2023	1 NGN = 0.0018 BND
02 October 2023	1 NGN = 0.0017 BND
03 October 2023	1 NGN = 0.0018 BND
04 October 2023	1 NGN = 0.0018 BND
05 October 2023	1 NGN = 0.0018 BND
06 October 2023	1 NGN = 0.0018 BND
07 October 2023	1 NGN = 0.0018 BND
09 October 2023	1 NGN = 0.0017 BND
10 October 2023	1 NGN = 0.0018 BND
11 October 2023	1 NGN = 0.0018 BND
12 October 2023	1 NGN = 0.0017 BND
13 October 2023	1 NGN = 0.0017 BND
16 October 2023	1 NGN = 0.0018 BND
17 October 2023	1 NGN = 0.0018 BND
18 October 2023	1 NGN = 0.0018 BND
19 October 2023	1 NGN = 0.0018 BND
20 October 2023	1 NGN = 0.0018 BND
23 October 2023	1 NGN = 0.0016 BND
24 October 2023	1 NGN = 0.0018 BND
25 October 2023	1 NGN = 0.0016 BND
26 October 2023	1 NGN = 0.0016 BND
27 October 2023	1 NGN = 0.0017 BND
29 October 2023	1 NGN = 0.0017 BND
30 October 2023	1 NGN = 0.0017 BND
31 October 2023	1 NGN = 0.0017 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