Saint Helena pound nigerian naira history for February 2024. The highest quote for this month is 2065.32 (29/02/2024) and the lowest 2035.71 (23/02/2024). The difference between high and low is 1.43.
SHP NGN average rate for February 2024 is 1857.46, the change between 01/02/2024 and 29/02/2024 is -36.62 %.
| 01 February 2024 | 1 SHP = 1511.78 NGN |
| 02 February 2024 | 1 SHP = 1506.19 NGN |
| 05 February 2024 | 1 SHP = 1497.68 NGN |
| 06 February 2024 | 1 SHP = 1759.80 NGN |
| 07 February 2024 | 1 SHP = 1777.37 NGN |
| 08 February 2024 | 1 SHP = 1785.20 NGN |
| 09 February 2024 | 1 SHP = 1771.66 NGN |
| 12 February 2024 | 1 SHP = 1860.09 NGN |
| 13 February 2024 | 1 SHP = 1895.33 NGN |
| 14 February 2024 | 1 SHP = 1902.42 NGN |
| 15 February 2024 | 1 SHP = 1905.96 NGN |
| 16 February 2024 | 1 SHP = 1911.65 NGN |
| 19 February 2024 | 1 SHP = 1881.83 NGN |
| 20 February 2024 | 1 SHP = 1888.25 NGN |
| 21 February 2024 | 1 SHP = 2029.32 NGN |
| 22 February 2024 | 1 SHP = 2028.41 NGN |
| 23 February 2024 | 1 SHP = 2036.38 NGN |
| 26 February 2024 | 1 SHP = 2038.19 NGN |
| 27 February 2024 | 1 SHP = 1958.15 NGN |
| 28 February 2024 | 1 SHP = 1995.68 NGN |
| 29 February 2024 | 1 SHP = 2065.32 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.