Historic Peruvian sol Nigerian Naira

Peruvian sol nigerian naira history for February 2024. The highest quote for this month is 437.67 (29/02/2024) and the lowest 432.19 (22/02/2024). The difference between high and low is 1.25.

PEN NGN average rate for February 2024 is 386.15, the change between 01/02/2024 and 29/02/2024 is -39.98 %.

01 February 20241 PEN = 314.1 NGN
02 February 20241 PEN = 313.4 NGN
03 February 20241 PEN = 368.7 NGN
04 February 20241 PEN = 368.7 NGN
05 February 20241 PEN = 316.3 NGN
06 February 20241 PEN = 372.3 NGN
07 February 20241 PEN = 364.8 NGN
08 February 20241 PEN = 367.6 NGN
09 February 20241 PEN = 364.6 NGN
12 February 20241 PEN = 390.4 NGN
13 February 20241 PEN = 388.7 NGN
14 February 20241 PEN = 392.1 NGN
15 February 20241 PEN = 390.3 NGN
16 February 20241 PEN = 391.7 NGN
17 February 20241 PEN = 390.4 NGN
18 February 20241 PEN = 390.4 NGN
19 February 20241 PEN = 395.6 NGN
20 February 20241 PEN = 398.8 NGN
21 February 20241 PEN = 423.1 NGN
22 February 20241 PEN = 423.2 NGN
23 February 20241 PEN = 421.9 NGN
24 February 20241 PEN = 392.1 NGN
25 February 20241 PEN = 392.1 NGN
26 February 20241 PEN = 432.7 NGN
27 February 20241 PEN = 406.7 NGN
28 February 20241 PEN = 415.6 NGN
29 February 20241 PEN = 439.7 NGN

27/07/2020: Transition to Sol

Peru announced the removal of 'Nuevo' from the currency's name, making it officially known as the Sol once again.

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.

15/12/2015: Introduction of New Sol Banknotes

New series of banknotes featuring improved security features and designs were introduced for the Nuevo Sol.

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.

01/10/1995: Introduction of Nuevo Sol

The Peruvian Sol was revalued and renamed as the Nuevo Sol, with a new currency code of PEN.

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.

01/07/1991: Return to the Sol

Peru reintroduced the Sol as its official currency, replacing the Inti at a rate of 1 million Intis to 1 Sol.

01/02/1985: Creation of the Inti

The Peruvian Inti was created to replace the Sol as the official currency as part of an economic reform plan.

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.

01/07/1880: Adoption of the Sol de Oro Standard

Peru adopted the Sol de Oro standard, pegging the Sol to gold at a fixed rate.

23/11/1850: Introducción of Peruvian Sol

The Peruvian Sol was introduced as the official currency of Peru to replace the Spanish real.