Historic Uruguayan peso Nigerian Naira

Uruguayan peso nigerian naira history for June 2023. The highest quote for this month is 21.912 (22/06/2023) and the lowest 21.918 (23/06/2023). The difference between high and low is -0.03.

UYU NGN average rate for June 2023 is 15.97975, the change between 01/06/2023 and 30/06/2023 is -69.39 %.

01 June 20231 UYU = 12.01 NGN
02 June 20231 UYU = 12.07 NGN
03 June 20231 UYU = 11.88 NGN
05 June 20231 UYU = 12.01 NGN
06 June 20231 UYU = 12.05 NGN
07 June 20231 UYU = 12.04 NGN
08 June 20231 UYU = 12.04 NGN
09 June 20231 UYU = 12.01 NGN
12 June 20231 UYU = 12.03 NGN
13 June 20231 UYU = 12.08 NGN
14 June 20231 UYU = 12.07 NGN
15 June 20231 UYU = 12.13 NGN
16 June 20231 UYU = 16.04 NGN
19 June 20231 UYU = 17.43 NGN
20 June 20231 UYU = 18.25 NGN
21 June 20231 UYU = 20.02 NGN
22 June 20231 UYU = 21.80 NGN
23 June 20231 UYU = 21.82 NGN
24 June 20231 UYU = 20.12 NGN
26 June 20231 UYU = 20.57 NGN
27 June 20231 UYU = 21.76 NGN
28 June 20231 UYU = 20.64 NGN
29 June 20231 UYU = 20.33 NGN
30 June 20231 UYU = 20.34 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.

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.