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

Nigerian Naira israeli sheqel history for September 2023. The highest quote for this month is 0.005164 (24/09/2023) and the lowest 0.005162 (24/09/2023). The difference between high and low is 0.04.

NGN ILS average rate for September 2023 is 0.00497, the change between 01/09/2023 and 30/09/2023 is -0.75 %.

01 September 2023	1 NGN = 0.0049 ILS
04 September 2023	1 NGN = 0.0050 ILS
05 September 2023	1 NGN = 0.0050 ILS
06 September 2023	1 NGN = 0.0050 ILS
07 September 2023	1 NGN = 0.0051 ILS
08 September 2023	1 NGN = 0.0049 ILS
11 September 2023	1 NGN = 0.0049 ILS
12 September 2023	1 NGN = 0.0049 ILS
13 September 2023	1 NGN = 0.0050 ILS
14 September 2023	1 NGN = 0.0049 ILS
15 September 2023	1 NGN = 0.0049 ILS
18 September 2023	1 NGN = 0.0050 ILS
19 September 2023	1 NGN = 0.0050 ILS
20 September 2023	1 NGN = 0.0049 ILS
21 September 2023	1 NGN = 0.0049 ILS
22 September 2023	1 NGN = 0.0050 ILS
23 September 2023	1 NGN = 0.0052 ILS
24 September 2023	1 NGN = 0.0052 ILS
25 September 2023	1 NGN = 0.0050 ILS
26 September 2023	1 NGN = 0.0049 ILS
27 September 2023	1 NGN = 0.0049 ILS
28 September 2023	1 NGN = 0.0049 ILS
29 September 2023	1 NGN = 0.0049 ILS
30 September 2023	1 NGN = 0.0050 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