Historic Swedish krona Nigerian Naira

Swedish krona nigerian naira history for December 2023. The highest quote for this month is 90.375 (27/12/2023) and the lowest 92.379 (25/12/2023). The difference between high and low is -2.22.

SEK NGN average rate for December 2023 is 80.55738, the change between 01/12/2023 and 31/12/2023 is -19.1 %.

01 December 20231 SEK = 75.53 NGN
04 December 20231 SEK = 76.08 NGN
05 December 20231 SEK = 76.59 NGN
06 December 20231 SEK = 76.53 NGN
07 December 20231 SEK = 76.69 NGN
08 December 20231 SEK = 77.09 NGN
11 December 20231 SEK = 76.76 NGN
12 December 20231 SEK = 75.62 NGN
13 December 20231 SEK = 76.90 NGN
14 December 20231 SEK = 77.83 NGN
15 December 20231 SEK = 77.19 NGN
18 December 20231 SEK = 78.18 NGN
19 December 20231 SEK = 77.28 NGN
20 December 20231 SEK = 78.77 NGN
21 December 20231 SEK = 81.15 NGN
22 December 20231 SEK = 81.76 NGN
25 December 20231 SEK = 90.50 NGN
26 December 20231 SEK = 90.54 NGN
27 December 20231 SEK = 90.60 NGN
28 December 20231 SEK = 90.15 NGN
29 December 20231 SEK = 89.96 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.