Nigerian Naira israeli sheqel exchange rate history (NGN ILS) December 2023

Nigerian Naira israeli sheqel history for December 2023. The highest quote for this month is 0.00474 (01/12/2023) and the lowest 0.00471 (01/12/2023). The difference between high and low is 0.63.

NGN ILS average rate for December 2023 is 0.00447, the change between 01/12/2023 and 31/12/2023 is +14.24 %.

01 December 2023	1 NGN = 0.0047 ILS
02 December 2023	1 NGN = 0.0047 ILS
03 December 2023	1 NGN = 0.0047 ILS
04 December 2023	1 NGN = 0.0047 ILS
05 December 2023	1 NGN = 0.0047 ILS
06 December 2023	1 NGN = 0.0046 ILS
07 December 2023	1 NGN = 0.0046 ILS
08 December 2023	1 NGN = 0.0046 ILS
10 December 2023	1 NGN = 0.0047 ILS
11 December 2023	1 NGN = 0.0046 ILS
12 December 2023	1 NGN = 0.0047 ILS
13 December 2023	1 NGN = 0.0046 ILS
14 December 2023	1 NGN = 0.0046 ILS
15 December 2023	1 NGN = 0.0046 ILS
16 December 2023	1 NGN = 0.0047 ILS
17 December 2023	1 NGN = 0.0046 ILS
18 December 2023	1 NGN = 0.0046 ILS
19 December 2023	1 NGN = 0.0046 ILS
20 December 2023	1 NGN = 0.0046 ILS
21 December 2023	1 NGN = 0.0044 ILS
22 December 2023	1 NGN = 0.0044 ILS
23 December 2023	1 NGN = 0.0040 ILS
24 December 2023	1 NGN = 0.0040 ILS
25 December 2023	1 NGN = 0.0040 ILS
26 December 2023	1 NGN = 0.0040 ILS
27 December 2023	1 NGN = 0.0040 ILS
28 December 2023	1 NGN = 0.0040 ILS
29 December 2023	1 NGN = 0.0040 ILS

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.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

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.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.

Historic Nigerian Naira Israeli Sheqel