Historic Nigerian Naira Swazi lilangeni

Nigerian Naira swazi lilangeni history for September 2023. The highest quote for this month is 0.025482 (07/09/2023) and the lowest 0.025421 (11/09/2023). The difference between high and low is 0.24.

NGN SZL average rate for September 2023 is 0.02454, the change between 01/09/2023 and 30/09/2023 is -1.91 %.

01 September 20231 NGN = 0.0241 SZL
04 September 20231 NGN = 0.0246 SZL
05 September 20231 NGN = 0.0247 SZL
06 September 20231 NGN = 0.0250 SZL
07 September 20231 NGN = 0.0255 SZL
08 September 20231 NGN = 0.0244 SZL
11 September 20231 NGN = 0.0239 SZL
12 September 20231 NGN = 0.0240 SZL
13 September 20231 NGN = 0.0251 SZL
14 September 20231 NGN = 0.0242 SZL
15 September 20231 NGN = 0.0243 SZL
18 September 20231 NGN = 0.0245 SZL
19 September 20231 NGN = 0.0250 SZL
20 September 20231 NGN = 0.0244 SZL
21 September 20231 NGN = 0.0243 SZL
22 September 20231 NGN = 0.0246 SZL
23 September 20231 NGN = 0.0254 SZL
25 September 20231 NGN = 0.0242 SZL
26 September 20231 NGN = 0.0241 SZL
27 September 20231 NGN = 0.0244 SZL
28 September 20231 NGN = 0.0246 SZL
29 September 20231 NGN = 0.0244 SZL
30 September 20231 NGN = 0.0246 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.