Historic Nigerian Naira Syrian Pound

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 20241 NGN = 14.51 SYP
02 January 20241 NGN = 14.47 SYP
03 January 20241 NGN = 14.70 SYP
04 January 20241 NGN = 14.58 SYP
05 January 20241 NGN = 14.25 SYP
06 January 20241 NGN = 14.23 SYP
07 January 20241 NGN = 14.23 SYP
08 January 20241 NGN = 14.22 SYP
09 January 20241 NGN = 14.69 SYP
10 January 20241 NGN = 14.22 SYP
11 January 20241 NGN = 13.67 SYP
12 January 20241 NGN = 13.58 SYP
15 January 20241 NGN = 13.58 SYP
16 January 20241 NGN = 13.58 SYP
17 January 20241 NGN = 14.53 SYP
18 January 20241 NGN = 14.88 SYP
19 January 20241 NGN = 14.53 SYP
22 January 20241 NGN = 14.60 SYP
23 January 20241 NGN = 14.60 SYP
24 January 20241 NGN = 14.20 SYP
25 January 20241 NGN = 14.45 SYP
26 January 20241 NGN = 14.64 SYP
28 January 20241 NGN = 14.47 SYP
29 January 20241 NGN = 14.47 SYP
30 January 20241 NGN = 14.56 SYP
31 January 20241 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.