Nigerian Naira thai baht exchange rate history (NGN THB) February 2024

Nigerian Naira thai baht history for February 2024. The highest quote for this month is 0.029791 (01/02/2024) and the lowest 0.029596 (01/02/2024). The difference between high and low is 0.65.

NGN THB average rate for February 2024 is 0.02455, the change between 01/02/2024 and 29/02/2024 is +25.92 %.

01 February 2024	1 NGN = 0.0298 THB
02 February 2024	1 NGN = 0.0296 THB
03 February 2024	1 NGN = 0.0252 THB
04 February 2024	1 NGN = 0.0251 THB
05 February 2024	1 NGN = 0.0298 THB
06 February 2024	1 NGN = 0.0255 THB
07 February 2024	1 NGN = 0.0253 THB
08 February 2024	1 NGN = 0.0250 THB
09 February 2024	1 NGN = 0.0255 THB
12 February 2024	1 NGN = 0.0243 THB
13 February 2024	1 NGN = 0.0239 THB
14 February 2024	1 NGN = 0.0238 THB
15 February 2024	1 NGN = 0.0238 THB
16 February 2024	1 NGN = 0.0238 THB
17 February 2024	1 NGN = 0.0241 THB
18 February 2024	1 NGN = 0.0242 THB
19 February 2024	1 NGN = 0.0241 THB
20 February 2024	1 NGN = 0.0242 THB
21 February 2024	1 NGN = 0.0224 THB
22 February 2024	1 NGN = 0.0223 THB
23 February 2024	1 NGN = 0.0224 THB
24 February 2024	1 NGN = 0.0241 THB
25 February 2024	1 NGN = 0.0242 THB
26 February 2024	1 NGN = 0.0224 THB
27 February 2024	1 NGN = 0.0233 THB
28 February 2024	1 NGN = 0.0227 THB
29 February 2024	1 NGN = 0.0221 THB

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.

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

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.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

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.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

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.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.

Historic Nigerian Naira Thai baht