Historic Nigerian Naira Uruguayan peso

Nigerian Naira uruguayan peso history for June 2023. The highest quote for this month is 0.084175 (03/06/2023) and the lowest 0.084175 (03/06/2023). The difference between high and low is 0.

NGN UYU average rate for June 2023 is 0.06686, the change between 01/06/2023 and 30/06/2023 is +40.97 %.

01 June 20231 NGN = 0.0833 UYU
02 June 20231 NGN = 0.0829 UYU
03 June 20231 NGN = 0.0842 UYU
05 June 20231 NGN = 0.0833 UYU
06 June 20231 NGN = 0.0830 UYU
07 June 20231 NGN = 0.0831 UYU
08 June 20231 NGN = 0.0831 UYU
09 June 20231 NGN = 0.0833 UYU
12 June 20231 NGN = 0.0831 UYU
13 June 20231 NGN = 0.0828 UYU
14 June 20231 NGN = 0.0828 UYU
15 June 20231 NGN = 0.0825 UYU
16 June 20231 NGN = 0.0624 UYU
19 June 20231 NGN = 0.0574 UYU
20 June 20231 NGN = 0.0548 UYU
21 June 20231 NGN = 0.0499 UYU
22 June 20231 NGN = 0.0459 UYU
23 June 20231 NGN = 0.0458 UYU
24 June 20231 NGN = 0.0497 UYU
26 June 20231 NGN = 0.0486 UYU
27 June 20231 NGN = 0.0460 UYU
28 June 20231 NGN = 0.0485 UYU
29 June 20231 NGN = 0.0492 UYU
30 June 20231 NGN = 0.0492 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.