Historic Uruguayan peso Nigerian Naira

Uruguayan peso nigerian naira history for December 2023. The highest quote for this month is 23.384 (27/12/2023) and the lowest 23.35 (22/12/2023). The difference between high and low is 0.15.

UYU NGN average rate for December 2023 is 21.15979, the change between 01/12/2023 and 31/12/2023 is -12.63 %.

01 December 20231 UYU = 20.49 NGN
02 December 20231 UYU = 20.14 NGN
03 December 20231 UYU = 20.14 NGN
04 December 20231 UYU = 20.44 NGN
05 December 20231 UYU = 20.68 NGN
06 December 20231 UYU = 20.87 NGN
07 December 20231 UYU = 20.81 NGN
08 December 20231 UYU = 20.71 NGN
10 December 20231 UYU = 20.19 NGN
11 December 20231 UYU = 20.81 NGN
12 December 20231 UYU = 20.53 NGN
13 December 20231 UYU = 20.68 NGN
14 December 20231 UYU = 20.68 NGN
15 December 20231 UYU = 20.11 NGN
16 December 20231 UYU = 19.90 NGN
17 December 20231 UYU = 19.90 NGN
18 December 20231 UYU = 20.24 NGN
19 December 20231 UYU = 20.19 NGN
20 December 20231 UYU = 20.61 NGN
21 December 20231 UYU = 21.24 NGN
22 December 20231 UYU = 21.32 NGN
23 December 20231 UYU = 23.08 NGN
24 December 20231 UYU = 22.92 NGN
25 December 20231 UYU = 23.18 NGN
26 December 20231 UYU = 23.20 NGN
27 December 20231 UYU = 23.20 NGN
28 December 20231 UYU = 23.13 NGN
29 December 20231 UYU = 23.07 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.