Swazi lilangeni nigerian naira history for February 2024. The highest quote for this month is 85.536 (29/02/2024) and the lowest 85.628 (22/02/2024). The difference between high and low is -0.11.
SZL NGN average rate for February 2024 is 77.43137, the change between 01/02/2024 and 29/02/2024 is -33.21 %.
01 February 2024 | 1 SZL = 64.30 NGN |
02 February 2024 | 1 SZL = 64.12 NGN |
03 February 2024 | 1 SZL = 74.78 NGN |
04 February 2024 | 1 SZL = 74.78 NGN |
05 February 2024 | 1 SZL = 63.97 NGN |
06 February 2024 | 1 SZL = 74.56 NGN |
07 February 2024 | 1 SZL = 74.75 NGN |
08 February 2024 | 1 SZL = 75.01 NGN |
09 February 2024 | 1 SZL = 74.03 NGN |
12 February 2024 | 1 SZL = 78.38 NGN |
13 February 2024 | 1 SZL = 75.49 NGN |
14 February 2024 | 1 SZL = 79.16 NGN |
15 February 2024 | 1 SZL = 79.58 NGN |
16 February 2024 | 1 SZL = 80.00 NGN |
17 February 2024 | 1 SZL = 79.06 NGN |
18 February 2024 | 1 SZL = 79.17 NGN |
19 February 2024 | 1 SZL = 79.88 NGN |
20 February 2024 | 1 SZL = 79.46 NGN |
21 February 2024 | 1 SZL = 84.92 NGN |
22 February 2024 | 1 SZL = 84.78 NGN |
23 February 2024 | 1 SZL = 83.76 NGN |
24 February 2024 | 1 SZL = 77.07 NGN |
25 February 2024 | 1 SZL = 77.07 NGN |
26 February 2024 | 1 SZL = 84.21 NGN |
27 February 2024 | 1 SZL = 79.96 NGN |
28 February 2024 | 1 SZL = 82.78 NGN |
29 February 2024 | 1 SZL = 85.65 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.