Nigerian Naira swedish krona history for August 2023. The highest quote for this month is 0.014464 (23/08/2023) and the lowest 0.014635 (21/08/2023). The difference between high and low is -1.18.
NGN SEK average rate for August 2023 is 0.01412, the change between 01/08/2023 and 31/08/2023 is -1.22 %.
01 August 2023 | 1 NGN = 0.0138 SEK |
02 August 2023 | 1 NGN = 0.0139 SEK |
03 August 2023 | 1 NGN = 0.0138 SEK |
04 August 2023 | 1 NGN = 0.0137 SEK |
07 August 2023 | 1 NGN = 0.0138 SEK |
08 August 2023 | 1 NGN = 0.0141 SEK |
09 August 2023 | 1 NGN = 0.0143 SEK |
10 August 2023 | 1 NGN = 0.0139 SEK |
11 August 2023 | 1 NGN = 0.0139 SEK |
14 August 2023 | 1 NGN = 0.0140 SEK |
15 August 2023 | 1 NGN = 0.0141 SEK |
16 August 2023 | 1 NGN = 0.0143 SEK |
17 August 2023 | 1 NGN = 0.0139 SEK |
18 August 2023 | 1 NGN = 0.0142 SEK |
21 August 2023 | 1 NGN = 0.0147 SEK |
22 August 2023 | 1 NGN = 0.0143 SEK |
23 August 2023 | 1 NGN = 0.0143 SEK |
24 August 2023 | 1 NGN = 0.0144 SEK |
25 August 2023 | 1 NGN = 0.0146 SEK |
28 August 2023 | 1 NGN = 0.0143 SEK |
29 August 2023 | 1 NGN = 0.0142 SEK |
30 August 2023 | 1 NGN = 0.0141 SEK |
31 August 2023 | 1 NGN = 0.0140 SEK |
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.