Nigerian Naira uruguayan peso history for July 2023. The highest quote for this month is 0.048563 (28/07/2023) and the lowest 0.048888 (03/07/2023). The difference between high and low is -0.67.
NGN UYU average rate for July 2023 is 0.04787, the change between 01/07/2023 and 31/07/2023 is +1.16 %.
03 July 2023 | 1 NGN = 0.0485 UYU |
04 July 2023 | 1 NGN = 0.0480 UYU |
05 July 2023 | 1 NGN = 0.0480 UYU |
06 July 2023 | 1 NGN = 0.0477 UYU |
07 July 2023 | 1 NGN = 0.0478 UYU |
10 July 2023 | 1 NGN = 0.0486 UYU |
11 July 2023 | 1 NGN = 0.0480 UYU |
12 July 2023 | 1 NGN = 0.0483 UYU |
13 July 2023 | 1 NGN = 0.0479 UYU |
14 July 2023 | 1 NGN = 0.0484 UYU |
17 July 2023 | 1 NGN = 0.0483 UYU |
18 July 2023 | 1 NGN = 0.0484 UYU |
19 July 2023 | 1 NGN = 0.0476 UYU |
20 July 2023 | 1 NGN = 0.0475 UYU |
21 July 2023 | 1 NGN = 0.0475 UYU |
24 July 2023 | 1 NGN = 0.0473 UYU |
25 July 2023 | 1 NGN = 0.0471 UYU |
26 July 2023 | 1 NGN = 0.0472 UYU |
27 July 2023 | 1 NGN = 0.0474 UYU |
28 July 2023 | 1 NGN = 0.0479 UYU |
31 July 2023 | 1 NGN = 0.0479 UYU |
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.