Nigerian Naira swazi lilangeni history for August 2023. The highest quote for this month is 0.025491 (20/08/2023) and the lowest 0.025464 (19/08/2023). The difference between high and low is 0.11.
NGN SZL average rate for August 2023 is 0.02449, the change between 01/08/2023 and 31/08/2023 is -1.36 %.
01 August 2023 | 1 NGN = 0.0235 SZL |
02 August 2023 | 1 NGN = 0.0241 SZL |
03 August 2023 | 1 NGN = 0.0235 SZL |
04 August 2023 | 1 NGN = 0.0240 SZL |
07 August 2023 | 1 NGN = 0.0241 SZL |
08 August 2023 | 1 NGN = 0.0246 SZL |
09 August 2023 | 1 NGN = 0.0248 SZL |
10 August 2023 | 1 NGN = 0.0245 SZL |
11 August 2023 | 1 NGN = 0.0242 SZL |
12 August 2023 | 1 NGN = 0.0247 SZL |
14 August 2023 | 1 NGN = 0.0243 SZL |
15 August 2023 | 1 NGN = 0.0259 SZL |
16 August 2023 | 1 NGN = 0.0252 SZL |
17 August 2023 | 1 NGN = 0.0242 SZL |
18 August 2023 | 1 NGN = 0.0249 SZL |
19 August 2023 | 1 NGN = 0.0255 SZL |
20 August 2023 | 1 NGN = 0.0255 SZL |
21 August 2023 | 1 NGN = 0.0252 SZL |
22 August 2023 | 1 NGN = 0.0249 SZL |
23 August 2023 | 1 NGN = 0.0247 SZL |
24 August 2023 | 1 NGN = 0.0247 SZL |
25 August 2023 | 1 NGN = 0.0245 SZL |
28 August 2023 | 1 NGN = 0.0240 SZL |
29 August 2023 | 1 NGN = 0.0239 SZL |
30 August 2023 | 1 NGN = 0.0238 SZL |
31 August 2023 | 1 NGN = 0.0238 SZL |
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.