Historic Nigerian Naira Swazi lilangeni

Nigerian Naira swazi lilangeni history for January 2024. The highest quote for this month is 0.021572 (23/01/2024) and the lowest 0.021825 (18/01/2024). The difference between high and low is -1.17.

NGN SZL average rate for January 2024 is 0.02064, the change between 01/01/2024 and 31/01/2024 is -2.69 %.

01 January 20241 NGN = 0.0204 SZL
02 January 20241 NGN = 0.0204 SZL
03 January 20241 NGN = 0.0210 SZL
04 January 20241 NGN = 0.0208 SZL
05 January 20241 NGN = 0.0205 SZL
06 January 20241 NGN = 0.0205 SZL
07 January 20241 NGN = 0.0205 SZL
08 January 20241 NGN = 0.0204 SZL
09 January 20241 NGN = 0.0210 SZL
10 January 20241 NGN = 0.0203 SZL
11 January 20241 NGN = 0.0196 SZL
12 January 20241 NGN = 0.0192 SZL
15 January 20241 NGN = 0.0193 SZL
16 January 20241 NGN = 0.0193 SZL
17 January 20241 NGN = 0.0209 SZL
18 January 20241 NGN = 0.0218 SZL
19 January 20241 NGN = 0.0213 SZL
22 January 20241 NGN = 0.0211 SZL
23 January 20241 NGN = 0.0216 SZL
24 January 20241 NGN = 0.0208 SZL
25 January 20241 NGN = 0.0210 SZL
26 January 20241 NGN = 0.0213 SZL
28 January 20241 NGN = 0.0209 SZL
29 January 20241 NGN = 0.0207 SZL
30 January 20241 NGN = 0.0211 SZL
31 January 20241 NGN = 0.0210 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.