Historic Nigerian Naira Colombian Peso

Nigerian Naira colombian peso history for February 2024. The highest quote for this month is 3.2791 (01/02/2024) and the lowest 3.2541 (01/02/2024). The difference between high and low is 0.76.

NGN COP average rate for February 2024 is 2.68751, the change between 01/02/2024 and 29/02/2024 is +26.61 %.

01 February 20241 NGN = 3.279 COP
02 February 20241 NGN = 3.259 COP
03 February 20241 NGN = 2.787 COP
04 February 20241 NGN = 2.787 COP
05 February 20241 NGN = 3.253 COP
06 February 20241 NGN = 2.830 COP
07 February 20241 NGN = 2.807 COP
08 February 20241 NGN = 2.789 COP
09 February 20241 NGN = 2.811 COP
12 February 20241 NGN = 2.641 COP
13 February 20241 NGN = 2.603 COP
14 February 20241 NGN = 2.590 COP
15 February 20241 NGN = 2.581 COP
16 February 20241 NGN = 2.576 COP
17 February 20241 NGN = 2.617 COP
18 February 20241 NGN = 2.617 COP
19 February 20241 NGN = 2.587 COP
20 February 20241 NGN = 2.623 COP
21 February 20241 NGN = 2.439 COP
22 February 20241 NGN = 2.442 COP
23 February 20241 NGN = 2.444 COP
24 February 20241 NGN = 2.664 COP
25 February 20241 NGN = 2.664 COP
26 February 20241 NGN = 2.415 COP
27 February 20241 NGN = 2.565 COP
28 February 20241 NGN = 2.490 COP
29 February 20241 NGN = 2.407 COP

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.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

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.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.
NGN COP January 2024
NGN COP February 2024
NGN COP March 2024
NGN COP April 2024
NGN COP May 2024
NGN COP June 2024
NGN COP July 2024
NGN COP August 2024
NGN COP September 2024
NGN COP October 2024
NGN COP November 2024
NGN COP December 2024
NGN COP January 2025