Syrian Pound nigerian naira history for January 2024. The highest quote for this month is 0.09162 (31/01/2024) and the lowest 0.073658 (12/01/2024). The difference between high and low is 19.6.
SYP NGN average rate for January 2024 is 0.06976, the change between 01/01/2024 and 31/01/2024 is +0.02 %.
01 January 2024 | 1 SYP = 0.0689 NGN |
02 January 2024 | 1 SYP = 0.0691 NGN |
03 January 2024 | 1 SYP = 0.0680 NGN |
04 January 2024 | 1 SYP = 0.0686 NGN |
05 January 2024 | 1 SYP = 0.0702 NGN |
06 January 2024 | 1 SYP = 0.0703 NGN |
07 January 2024 | 1 SYP = 0.0703 NGN |
08 January 2024 | 1 SYP = 0.0703 NGN |
09 January 2024 | 1 SYP = 0.0681 NGN |
10 January 2024 | 1 SYP = 0.0703 NGN |
11 January 2024 | 1 SYP = 0.0732 NGN |
12 January 2024 | 1 SYP = 0.0737 NGN |
15 January 2024 | 1 SYP = 0.0736 NGN |
16 January 2024 | 1 SYP = 0.0737 NGN |
17 January 2024 | 1 SYP = 0.0688 NGN |
18 January 2024 | 1 SYP = 0.0672 NGN |
19 January 2024 | 1 SYP = 0.0688 NGN |
22 January 2024 | 1 SYP = 0.0685 NGN |
23 January 2024 | 1 SYP = 0.0685 NGN |
24 January 2024 | 1 SYP = 0.0704 NGN |
25 January 2024 | 1 SYP = 0.0692 NGN |
26 January 2024 | 1 SYP = 0.0683 NGN |
28 January 2024 | 1 SYP = 0.0691 NGN |
29 January 2024 | 1 SYP = 0.0691 NGN |
30 January 2024 | 1 SYP = 0.0687 NGN |
31 January 2024 | 1 SYP = 0.0689 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.