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 2023 | 1 SEK = 75.53 NGN |
04 December 2023 | 1 SEK = 76.08 NGN |
05 December 2023 | 1 SEK = 76.59 NGN |
06 December 2023 | 1 SEK = 76.53 NGN |
07 December 2023 | 1 SEK = 76.69 NGN |
08 December 2023 | 1 SEK = 77.09 NGN |
11 December 2023 | 1 SEK = 76.76 NGN |
12 December 2023 | 1 SEK = 75.62 NGN |
13 December 2023 | 1 SEK = 76.90 NGN |
14 December 2023 | 1 SEK = 77.83 NGN |
15 December 2023 | 1 SEK = 77.19 NGN |
18 December 2023 | 1 SEK = 78.18 NGN |
19 December 2023 | 1 SEK = 77.28 NGN |
20 December 2023 | 1 SEK = 78.77 NGN |
21 December 2023 | 1 SEK = 81.15 NGN |
22 December 2023 | 1 SEK = 81.76 NGN |
25 December 2023 | 1 SEK = 90.50 NGN |
26 December 2023 | 1 SEK = 90.54 NGN |
27 December 2023 | 1 SEK = 90.60 NGN |
28 December 2023 | 1 SEK = 90.15 NGN |
29 December 2023 | 1 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.