Historic Thai baht Nigerian Naira

Thai baht nigerian naira history for February 2024. The highest quote for this month is 45.25 (29/02/2024) and the lowest 44.786 (22/02/2024). The difference between high and low is 1.03.

THB NGN average rate for February 2024 is 41.00004, the change between 01/02/2024 and 29/02/2024 is -34.99 %.

01 February 20241 THB = 33.59 NGN
02 February 20241 THB = 33.77 NGN
03 February 20241 THB = 39.75 NGN
04 February 20241 THB = 39.78 NGN
05 February 20241 THB = 33.51 NGN
06 February 20241 THB = 39.15 NGN
07 February 20241 THB = 39.59 NGN
08 February 20241 THB = 39.95 NGN
09 February 20241 THB = 39.17 NGN
12 February 20241 THB = 41.09 NGN
13 February 20241 THB = 41.90 NGN
14 February 20241 THB = 42.01 NGN
15 February 20241 THB = 42.05 NGN
16 February 20241 THB = 42.08 NGN
17 February 20241 THB = 41.49 NGN
18 February 20241 THB = 41.30 NGN
19 February 20241 THB = 41.54 NGN
20 February 20241 THB = 41.34 NGN
21 February 20241 THB = 44.63 NGN
22 February 20241 THB = 44.82 NGN
23 February 20241 THB = 44.71 NGN
24 February 20241 THB = 41.46 NGN
25 February 20241 THB = 41.30 NGN
26 February 20241 THB = 44.70 NGN
27 February 20241 THB = 42.97 NGN
28 February 20241 THB = 44.00 NGN
29 February 20241 THB = 45.34 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.
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