Historic Nigerian Naira Swazi lilangeni

Nigerian Naira swazi lilangeni history for October 2023. The highest quote for this month is 0.026367 (04/10/2023) and the lowest 0.025768 (06/10/2023). The difference between high and low is 2.27.

NGN SZL average rate for October 2023 is 0.02453, the change between 01/10/2023 and 31/10/2023 is +2.61 %.

01 October 20231 NGN = 0.0246 SZL
02 October 20231 NGN = 0.0243 SZL
03 October 20231 NGN = 0.0250 SZL
04 October 20231 NGN = 0.0251 SZL
05 October 20231 NGN = 0.0259 SZL
06 October 20231 NGN = 0.0253 SZL
07 October 20231 NGN = 0.0250 SZL
09 October 20231 NGN = 0.0248 SZL
10 October 20231 NGN = 0.0253 SZL
11 October 20231 NGN = 0.0249 SZL
12 October 20231 NGN = 0.0245 SZL
13 October 20231 NGN = 0.0247 SZL
16 October 20231 NGN = 0.0244 SZL
17 October 20231 NGN = 0.0245 SZL
18 October 20231 NGN = 0.0246 SZL
19 October 20231 NGN = 0.0244 SZL
20 October 20231 NGN = 0.0253 SZL
23 October 20231 NGN = 0.0220 SZL
24 October 20231 NGN = 0.0248 SZL
25 October 20231 NGN = 0.0230 SZL
26 October 20231 NGN = 0.0242 SZL
27 October 20231 NGN = 0.0252 SZL
29 October 20231 NGN = 0.0238 SZL
30 October 20231 NGN = 0.0235 SZL
31 October 20231 NGN = 0.0240 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.