Historic Swedish krona Nigerian Naira

Swedish krona nigerian naira history for November 2023. The highest quote for this month is 88.505 (14/11/2023) and the lowest 80.261 (15/11/2023). The difference between high and low is 9.31.

SEK NGN average rate for November 2023 is 75.65723, the change between 01/11/2023 and 30/11/2023 is -8.87 %.

01 November 20231 SEK = 70.42 NGN
02 November 20231 SEK = 70.65 NGN
03 November 20231 SEK = 70.68 NGN
06 November 20231 SEK = 74.12 NGN
07 November 20231 SEK = 73.24 NGN
08 November 20231 SEK = 71.99 NGN
09 November 20231 SEK = 73.74 NGN
10 November 20231 SEK = 73.54 NGN
13 November 20231 SEK = 73.94 NGN
14 November 20231 SEK = 75.78 NGN
15 November 20231 SEK = 79.82 NGN
16 November 20231 SEK = 80.03 NGN
17 November 20231 SEK = 79.86 NGN
20 November 20231 SEK = 79.76 NGN
21 November 20231 SEK = 78.53 NGN
22 November 20231 SEK = 78.14 NGN
23 November 20231 SEK = 76.74 NGN
24 November 20231 SEK = 76.73 NGN
27 November 20231 SEK = 76.87 NGN
28 November 20231 SEK = 76.70 NGN
29 November 20231 SEK = 76.53 NGN
30 November 20231 SEK = 76.67 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.