Russian ruble nigerian naira history for June 2023. The highest quote for this month is 9.748 (22/06/2023) and the lowest 10.08 (23/06/2023). The difference between high and low is -3.41.
RUB NGN average rate for June 2023 is 7.2417, the change between 01/06/2023 and 30/06/2023 is -53.81 %.
| 01 June 2023 | 1 RUB = 5.63 NGN |
| 02 June 2023 | 1 RUB = 5.69 NGN |
| 03 June 2023 | 1 RUB = 5.67 NGN |
| 05 June 2023 | 1 RUB = 5.71 NGN |
| 06 June 2023 | 1 RUB = 5.71 NGN |
| 07 June 2023 | 1 RUB = 5.66 NGN |
| 08 June 2023 | 1 RUB = 5.64 NGN |
| 09 June 2023 | 1 RUB = 5.63 NGN |
| 12 June 2023 | 1 RUB = 5.59 NGN |
| 13 June 2023 | 1 RUB = 5.50 NGN |
| 14 June 2023 | 1 RUB = 5.49 NGN |
| 15 June 2023 | 1 RUB = 5.51 NGN |
| 16 June 2023 | 1 RUB = 7.29 NGN |
| 19 June 2023 | 1 RUB = 7.86 NGN |
| 20 June 2023 | 1 RUB = 8.20 NGN |
| 21 June 2023 | 1 RUB = 8.89 NGN |
| 22 June 2023 | 1 RUB = 9.77 NGN |
| 23 June 2023 | 1 RUB = 10.08 NGN |
| 24 June 2023 | 1 RUB = 9.20 NGN |
| 26 June 2023 | 1 RUB = 9.10 NGN |
| 27 June 2023 | 1 RUB = 9.60 NGN |
| 28 June 2023 | 1 RUB = 8.95 NGN |
| 29 June 2023 | 1 RUB = 8.78 NGN |
| 30 June 2023 | 1 RUB = 8.66 NGN |
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.