Historic Nigerian Naira Moldovan Leu

Nigerian Naira moldovan leu history for February 2024. The highest quote for this month is 0.0147 (01/02/2024) and the lowest 0.014717 (01/02/2024). The difference between high and low is -0.12.

NGN MDL average rate for February 2024 is 0.01206, the change between 01/02/2024 and 29/02/2024 is +26.59 %.

01 February 20241 NGN = 0.0146 MDL
02 February 20241 NGN = 0.0147 MDL
03 February 20241 NGN = 0.0125 MDL
04 February 20241 NGN = 0.0125 MDL
05 February 20241 NGN = 0.0148 MDL
06 February 20241 NGN = 0.0125 MDL
07 February 20241 NGN = 0.0125 MDL
08 February 20241 NGN = 0.0124 MDL
09 February 20241 NGN = 0.0125 MDL
12 February 20241 NGN = 0.0119 MDL
13 February 20241 NGN = 0.0116 MDL
14 February 20241 NGN = 0.0115 MDL
15 February 20241 NGN = 0.0116 MDL
16 February 20241 NGN = 0.0116 MDL
17 February 20241 NGN = 0.0119 MDL
18 February 20241 NGN = 0.0119 MDL
19 February 20241 NGN = 0.0118 MDL
20 February 20241 NGN = 0.0118 MDL
21 February 20241 NGN = 0.0110 MDL
22 February 20241 NGN = 0.0110 MDL
23 February 20241 NGN = 0.0110 MDL
24 February 20241 NGN = 0.0119 MDL
25 February 20241 NGN = 0.0119 MDL
26 February 20241 NGN = 0.0110 MDL
27 February 20241 NGN = 0.0114 MDL
28 February 20241 NGN = 0.0111 MDL
29 February 20241 NGN = 0.0107 MDL

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.

04/06/2018: Introduction of New Banknotes

Moldova introduced a new series of banknotes with enhanced security features to combat counterfeiting.

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.

01/07/2015: Currency Pegged to Euro

Moldova pegged its currency, the Leu, to the Euro at a fixed exchange rate to stabilize the economy and attract foreign investment.

10/05/2010: Euro as Legal Tender

Moldova adopted the Euro as its official currency, though it is not a member of the Eurozone.

29/04/2009: Revaluation

Moldova carried out a currency revaluation, changing the exchange rate from 10,000 old Lei to 1 new Leu.

29/10/1999: Introduction of Polymer Banknotes

Polymer banknotes were introduced in Moldova, increasing security and durability 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.

29/05/1994: Redenomination

Moldova underwent a redenomination process, where 1000 old Lei were exchanged for 1 new Leu to combat hyperinflation.

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.

26/11/1992: Declaration of Independence

The Moldovan Leu was introduced as the official currency of Moldova after the country declared independence from the Soviet Union.

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.