Historic Thai baht Nigerian Naira

Thai baht nigerian naira history for December 2023. The highest quote for this month is 26.213 (24/12/2023) and the lowest 26.357 (27/12/2023). The difference between high and low is -0.55.

THB NGN average rate for December 2023 is 23.61289, the change between 01/12/2023 and 31/12/2023 is -16.74 %.

01 December 20231 THB = 22.41 NGN
02 December 20231 THB = 22.62 NGN
03 December 20231 THB = 22.62 NGN
04 December 20231 THB = 22.70 NGN
05 December 20231 THB = 22.68 NGN
06 December 20231 THB = 22.76 NGN
07 December 20231 THB = 22.81 NGN
08 December 20231 THB = 22.80 NGN
10 December 20231 THB = 22.29 NGN
11 December 20231 THB = 22.64 NGN
12 December 20231 THB = 22.23 NGN
13 December 20231 THB = 22.49 NGN
14 December 20231 THB = 22.86 NGN
15 December 20231 THB = 22.66 NGN
16 December 20231 THB = 22.65 NGN
17 December 20231 THB = 22.64 NGN
18 December 20231 THB = 22.96 NGN
19 December 20231 THB = 22.59 NGN
20 December 20231 THB = 22.97 NGN
21 December 20231 THB = 23.59 NGN
22 December 20231 THB = 23.79 NGN
23 December 20231 THB = 26.21 NGN
24 December 20231 THB = 26.16 NGN
25 December 20231 THB = 26.27 NGN
26 December 20231 THB = 26.20 NGN
27 December 20231 THB = 26.24 NGN
28 December 20231 THB = 26.17 NGN
29 December 20231 THB = 26.16 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.

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

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.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

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.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

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.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.