Historic Nigerian Naira Israeli Sheqel

Nigerian Naira israeli sheqel history for February 2024. The highest quote for this month is 0.003071 (01/02/2024) and the lowest 0.003047 (01/02/2024). The difference between high and low is 0.78.

NGN ILS average rate for February 2024 is 0.0025, the change between 01/02/2024 and 29/02/2024 is +27.7 %.

01 February 20241 NGN = 0.0030 ILS
02 February 20241 NGN = 0.0031 ILS
03 February 20241 NGN = 0.0026 ILS
04 February 20241 NGN = 0.0026 ILS
05 February 20241 NGN = 0.0031 ILS
06 February 20241 NGN = 0.0026 ILS
07 February 20241 NGN = 0.0026 ILS
08 February 20241 NGN = 0.0026 ILS
09 February 20241 NGN = 0.0026 ILS
12 February 20241 NGN = 0.0025 ILS
13 February 20241 NGN = 0.0024 ILS
14 February 20241 NGN = 0.0024 ILS
15 February 20241 NGN = 0.0024 ILS
16 February 20241 NGN = 0.0024 ILS
17 February 20241 NGN = 0.0024 ILS
18 February 20241 NGN = 0.0024 ILS
19 February 20241 NGN = 0.0024 ILS
20 February 20241 NGN = 0.0024 ILS
21 February 20241 NGN = 0.0023 ILS
22 February 20241 NGN = 0.0023 ILS
23 February 20241 NGN = 0.0023 ILS
24 February 20241 NGN = 0.0024 ILS
25 February 20241 NGN = 0.0024 ILS
26 February 20241 NGN = 0.0023 ILS
27 February 20241 NGN = 0.0024 ILS
28 February 20241 NGN = 0.0023 ILS
29 February 20241 NGN = 0.0022 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.
NGN ILS July 2023
NGN ILS August 2023
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NGN ILS January 2024
NGN ILS February 2024
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NGN ILS July 2024