Historic Nigerian Naira Sierra Leonean leone

Nigerian Naira sierra leonean leone history for February 2024. The highest quote for this month is 16.541 (01/02/2024) and the lowest 16.527 (01/02/2024). The difference between high and low is 0.08.

NGN SLL average rate for February 2024 is 13.92444, the change between 01/02/2024 and 29/02/2024 is +26.75 %.

01 February 20241 NGN = 16.50 SLL
02 February 20241 NGN = 16.53 SLL
03 February 20241 NGN = 15.86 SLL
04 February 20241 NGN = 15.86 SLL
05 February 20241 NGN = 16.53 SLL
06 February 20241 NGN = 14.07 SLL
07 February 20241 NGN = 14.00 SLL
08 February 20241 NGN = 13.90 SLL
09 February 20241 NGN = 14.04 SLL
12 February 20241 NGN = 13.36 SLL
13 February 20241 NGN = 13.11 SLL
14 February 20241 NGN = 13.00 SLL
15 February 20241 NGN = 13.00 SLL
16 February 20241 NGN = 12.99 SLL
17 February 20241 NGN = 15.01 SLL
18 February 20241 NGN = 15.01 SLL
19 February 20241 NGN = 13.19 SLL
20 February 20241 NGN = 13.19 SLL
21 February 20241 NGN = 12.27 SLL
22 February 20241 NGN = 12.26 SLL
23 February 20241 NGN = 12.26 SLL
24 February 20241 NGN = 15.23 SLL
25 February 20241 NGN = 15.23 SLL
26 February 20241 NGN = 12.26 SLL
27 February 20241 NGN = 12.76 SLL
28 February 20241 NGN = 12.48 SLL
29 February 20241 NGN = 12.09 SLL

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.

27/04/2010: Adoption of new currency symbol

Sierra Leone adopts a new currency symbol for the leone (Le), representing its cultural heritage and national identity.

29/07/2003: Introduction of new leone notes

Sierra Leone introduces a new series of leone banknotes with enhanced security features to combat counterfeiting.

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.

22/02/1996: Civil war ends

The Sierra Leonean Civil War comes to an end, providing an opportunity for economic stabilization and currency reform.

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.

29/04/1980: Coup d'etat

A military coup takes place in Sierra Leone, leading to economic instability and a decline in the value of the leone.

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.

15/07/1974: Redenomination of the leone

Sierra Leone redenominates its currency, replacing the old leone with a new leone at a ratio of 1:4.

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.

04/11/1971: Introduction of decimal currency

Sierra Leone adopts a decimal currency system, replacing the pound with the leone as its new official currency.

27/04/1961: Independence of Sierra Leone

Sierra Leone gains independence from the United Kingdom, introducing the Sierra Leonean leone as its official currency.
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