Historic Nigerian Naira Swedish krona

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 20231 NGN = 0.0138 SEK
02 August 20231 NGN = 0.0139 SEK
03 August 20231 NGN = 0.0138 SEK
04 August 20231 NGN = 0.0137 SEK
07 August 20231 NGN = 0.0138 SEK
08 August 20231 NGN = 0.0141 SEK
09 August 20231 NGN = 0.0143 SEK
10 August 20231 NGN = 0.0139 SEK
11 August 20231 NGN = 0.0139 SEK
14 August 20231 NGN = 0.0140 SEK
15 August 20231 NGN = 0.0141 SEK
16 August 20231 NGN = 0.0143 SEK
17 August 20231 NGN = 0.0139 SEK
18 August 20231 NGN = 0.0142 SEK
21 August 20231 NGN = 0.0147 SEK
22 August 20231 NGN = 0.0143 SEK
23 August 20231 NGN = 0.0143 SEK
24 August 20231 NGN = 0.0144 SEK
25 August 20231 NGN = 0.0146 SEK
28 August 20231 NGN = 0.0143 SEK
29 August 20231 NGN = 0.0142 SEK
30 August 20231 NGN = 0.0141 SEK
31 August 20231 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.