Historic Nigerian Naira Swazi lilangeni

Nigerian Naira swazi lilangeni history for February 2024. The highest quote for this month is 0.015589 (01/02/2024) and the lowest 0.015558 (01/02/2024). The difference between high and low is 0.2.

NGN SZL average rate for February 2024 is 0.01299, the change between 01/02/2024 and 29/02/2024 is +24.93 %.

01 February 20241 NGN = 0.0156 SZL
02 February 20241 NGN = 0.0156 SZL
03 February 20241 NGN = 0.0134 SZL
04 February 20241 NGN = 0.0134 SZL
05 February 20241 NGN = 0.0156 SZL
06 February 20241 NGN = 0.0134 SZL
07 February 20241 NGN = 0.0134 SZL
08 February 20241 NGN = 0.0133 SZL
09 February 20241 NGN = 0.0135 SZL
12 February 20241 NGN = 0.0128 SZL
13 February 20241 NGN = 0.0132 SZL
14 February 20241 NGN = 0.0126 SZL
15 February 20241 NGN = 0.0126 SZL
16 February 20241 NGN = 0.0125 SZL
17 February 20241 NGN = 0.0126 SZL
18 February 20241 NGN = 0.0126 SZL
19 February 20241 NGN = 0.0125 SZL
20 February 20241 NGN = 0.0126 SZL
21 February 20241 NGN = 0.0118 SZL
22 February 20241 NGN = 0.0118 SZL
23 February 20241 NGN = 0.0119 SZL
24 February 20241 NGN = 0.0130 SZL
25 February 20241 NGN = 0.0130 SZL
26 February 20241 NGN = 0.0119 SZL
27 February 20241 NGN = 0.0125 SZL
28 February 20241 NGN = 0.0121 SZL
29 February 20241 NGN = 0.0117 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.