Historic Nigerian Naira Singapore dollar

Nigerian Naira singapore dollar history for February 2024. The highest quote for this month is 0.001124 (01/02/2024) and the lowest 0.001121 (01/02/2024). The difference between high and low is 0.27.

NGN SGD average rate for February 2024 is 0.00092, the change between 01/02/2024 and 29/02/2024 is +26.45 %.

01 February 20241 NGN = 0.0011 SGD
02 February 20241 NGN = 0.0011 SGD
03 February 20241 NGN = 0.0010 SGD
04 February 20241 NGN = 0.0009 SGD
05 February 20241 NGN = 0.0011 SGD
06 February 20241 NGN = 0.0010 SGD
07 February 20241 NGN = 0.0010 SGD
08 February 20241 NGN = 0.0009 SGD
09 February 20241 NGN = 0.0010 SGD
12 February 20241 NGN = 0.0009 SGD
13 February 20241 NGN = 0.0009 SGD
14 February 20241 NGN = 0.0009 SGD
15 February 20241 NGN = 0.0009 SGD
16 February 20241 NGN = 0.0009 SGD
17 February 20241 NGN = 0.0009 SGD
18 February 20241 NGN = 0.0009 SGD
19 February 20241 NGN = 0.0009 SGD
20 February 20241 NGN = 0.0009 SGD
21 February 20241 NGN = 0.0008 SGD
22 February 20241 NGN = 0.0008 SGD
23 February 20241 NGN = 0.0008 SGD
24 February 20241 NGN = 0.0009 SGD
25 February 20241 NGN = 0.0009 SGD
26 February 20241 NGN = 0.0008 SGD
27 February 20241 NGN = 0.0009 SGD
28 February 20241 NGN = 0.0009 SGD
29 February 20241 NGN = 0.0008 SGD

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.
NGN SGD January 2024
NGN SGD February 2024
NGN SGD March 2024
NGN SGD April 2024
NGN SGD May 2024
NGN SGD June 2024
NGN SGD July 2024
NGN SGD August 2024
NGN SGD September 2024
NGN SGD October 2024
NGN SGD November 2024
NGN SGD December 2024
NGN SGD January 2025