Historic Swazi lilangeni Nigerian Naira

Swazi lilangeni nigerian naira history for January 2024. The highest quote for this month is 63.351 (31/01/2024) and the lowest 51.993 (12/01/2024). The difference between high and low is 17.93.

SZL NGN average rate for January 2024 is 48.50981, the change between 01/01/2024 and 31/01/2024 is +2.61 %.

01 January 20241 SZL = 48.94 NGN
02 January 20241 SZL = 49.03 NGN
03 January 20241 SZL = 47.65 NGN
04 January 20241 SZL = 48.03 NGN
05 January 20241 SZL = 48.80 NGN
06 January 20241 SZL = 48.89 NGN
07 January 20241 SZL = 48.89 NGN
08 January 20241 SZL = 49.14 NGN
09 January 20241 SZL = 47.60 NGN
10 January 20241 SZL = 49.35 NGN
11 January 20241 SZL = 50.94 NGN
12 January 20241 SZL = 51.97 NGN
15 January 20241 SZL = 51.88 NGN
16 January 20241 SZL = 51.84 NGN
17 January 20241 SZL = 47.75 NGN
18 January 20241 SZL = 45.85 NGN
19 January 20241 SZL = 46.98 NGN
22 January 20241 SZL = 47.38 NGN
23 January 20241 SZL = 46.36 NGN
24 January 20241 SZL = 48.08 NGN
25 January 20241 SZL = 47.61 NGN
26 January 20241 SZL = 47.03 NGN
28 January 20241 SZL = 47.81 NGN
29 January 20241 SZL = 48.30 NGN
30 January 20241 SZL = 47.50 NGN
31 January 20241 SZL = 47.66 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.