Nigerian Naira russian ruble history for September 2023. The highest quote for this month is 0.13075 (07/09/2023) and the lowest 0.12932 (05/09/2023). The difference between high and low is 1.09.
NGN RUB average rate for September 2023 is 0.12522, the change between 01/09/2023 and 30/09/2023 is -0.73 %.
| 01 September 2023 | 1 NGN = 0.1240 RUB |
| 04 September 2023 | 1 NGN = 0.1274 RUB |
| 05 September 2023 | 1 NGN = 0.1271 RUB |
| 06 September 2023 | 1 NGN = 0.1272 RUB |
| 07 September 2023 | 1 NGN = 0.1297 RUB |
| 08 September 2023 | 1 NGN = 0.1254 RUB |
| 11 September 2023 | 1 NGN = 0.1239 RUB |
| 12 September 2023 | 1 NGN = 0.1220 RUB |
| 13 September 2023 | 1 NGN = 0.1257 RUB |
| 14 September 2023 | 1 NGN = 0.1226 RUB |
| 15 September 2023 | 1 NGN = 0.1218 RUB |
| 18 September 2023 | 1 NGN = 0.1260 RUB |
| 19 September 2023 | 1 NGN = 0.1262 RUB |
| 20 September 2023 | 1 NGN = 0.1256 RUB |
| 21 September 2023 | 1 NGN = 0.1246 RUB |
| 22 September 2023 | 1 NGN = 0.1252 RUB |
| 23 September 2023 | 1 NGN = 0.1292 RUB |
| 24 September 2023 | 1 NGN = 0.1284 RUB |
| 25 September 2023 | 1 NGN = 0.1254 RUB |
| 26 September 2023 | 1 NGN = 0.1217 RUB |
| 27 September 2023 | 1 NGN = 0.1240 RUB |
| 28 September 2023 | 1 NGN = 0.1230 RUB |
| 29 September 2023 | 1 NGN = 0.1243 RUB |
| 30 September 2023 | 1 NGN = 0.1249 RUB |
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.
29/05/1999: 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.
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.