Nigerian Naira syrian pound history for January 2024. The highest quote for this month is 14.682 (03/01/2024) and the lowest 15.152 (18/01/2024). The difference between high and low is -3.2.
NGN SYP average rate for January 2024 is 14.34408, the change between 01/01/2024 and 31/01/2024 is -0.01 %.
01 January 2024 | 1 NGN = 14.51 SYP |
02 January 2024 | 1 NGN = 14.47 SYP |
03 January 2024 | 1 NGN = 14.70 SYP |
04 January 2024 | 1 NGN = 14.58 SYP |
05 January 2024 | 1 NGN = 14.25 SYP |
06 January 2024 | 1 NGN = 14.23 SYP |
07 January 2024 | 1 NGN = 14.23 SYP |
08 January 2024 | 1 NGN = 14.22 SYP |
09 January 2024 | 1 NGN = 14.69 SYP |
10 January 2024 | 1 NGN = 14.22 SYP |
11 January 2024 | 1 NGN = 13.67 SYP |
12 January 2024 | 1 NGN = 13.58 SYP |
15 January 2024 | 1 NGN = 13.58 SYP |
16 January 2024 | 1 NGN = 13.58 SYP |
17 January 2024 | 1 NGN = 14.53 SYP |
18 January 2024 | 1 NGN = 14.88 SYP |
19 January 2024 | 1 NGN = 14.53 SYP |
22 January 2024 | 1 NGN = 14.60 SYP |
23 January 2024 | 1 NGN = 14.60 SYP |
24 January 2024 | 1 NGN = 14.20 SYP |
25 January 2024 | 1 NGN = 14.45 SYP |
26 January 2024 | 1 NGN = 14.64 SYP |
28 January 2024 | 1 NGN = 14.47 SYP |
29 January 2024 | 1 NGN = 14.47 SYP |
30 January 2024 | 1 NGN = 14.56 SYP |
31 January 2024 | 1 NGN = 14.51 SYP |
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.