Historic Nigerian Naira Nicaraguan córdoba

Nigerian Naira nicaraguan córdoba history for February 2024. The highest quote for this month is 0.030595 (01/02/2024) and the lowest 0.030321 (01/02/2024). The difference between high and low is 0.9.

NGN NIO average rate for February 2024 is 0.02502, the change between 01/02/2024 and 29/02/2024 is +27.28 %.

01 February 20241 NGN = 0.0306 NIO
02 February 20241 NGN = 0.0306 NIO
03 February 20241 NGN = 0.0259 NIO
04 February 20241 NGN = 0.0259 NIO
05 February 20241 NGN = 0.0306 NIO
06 February 20241 NGN = 0.0259 NIO
07 February 20241 NGN = 0.0259 NIO
08 February 20241 NGN = 0.0258 NIO
09 February 20241 NGN = 0.0260 NIO
12 February 20241 NGN = 0.0246 NIO
13 February 20241 NGN = 0.0243 NIO
14 February 20241 NGN = 0.0241 NIO
15 February 20241 NGN = 0.0241 NIO
16 February 20241 NGN = 0.0241 NIO
17 February 20241 NGN = 0.0245 NIO
18 February 20241 NGN = 0.0245 NIO
19 February 20241 NGN = 0.0243 NIO
20 February 20241 NGN = 0.0243 NIO
21 February 20241 NGN = 0.0228 NIO
22 February 20241 NGN = 0.0228 NIO
23 February 20241 NGN = 0.0228 NIO
24 February 20241 NGN = 0.0246 NIO
25 February 20241 NGN = 0.0246 NIO
26 February 20241 NGN = 0.0226 NIO
27 February 20241 NGN = 0.0236 NIO
28 February 20241 NGN = 0.0231 NIO
29 February 20241 NGN = 0.0223 NIO

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.

20/11/2009: Resumption of issuing Córdoba coins

The Central Bank resumed issuing córdoba coins, reintroducing denominations of 10, 25, and 50 centavos, and 1 córdoba.

01/01/2001: Dollarization

Nicaragua adopted the US dollar as its official currency, effectively ending the era of the Nicaraguan córdoba as the national 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.

04/07/1991: Currency control and unification

The government implemented currency control measures, unifying the exchange rate at 5 córdobas oro per US dollar.

25/04/1991: Córdoba Oro becomes legal tender

The Córdoba Oro was declared as the only legal tender in Nicaragua, replacing the old cordoba.

01/02/1988: Introduction of the Córdoba Oro Currencies

The government introduced the Córdoba Oro as a new currency, replacing the previous currency, with an initial rate of 1 córdoba oro = 1,000 córdobas.

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.

01/03/1932: Córdoba de Oro established

The Córdoba de Oro was introduced, replacing the previous córdoba at a rate of 10,000 to 1.

20/10/1912: Introduction of the Nicaraguan córdoba

The Nicaraguan córdoba was introduced as the official currency of Nicaragua, replacing the peso at a rate of 12.5 córdobas per US dollar.
NGN NIO July 2023
NGN NIO August 2023
NGN NIO September 2023
NGN NIO October 2023
NGN NIO November 2023
NGN NIO December 2023
NGN NIO January 2024
NGN NIO February 2024
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NGN NIO July 2024