Historic Uruguayan peso Nigerian Naira

Uruguayan peso nigerian naira history for November 2023. The highest quote for this month is 24.562 (14/11/2023) and the lowest 21.801 (15/11/2023). The difference between high and low is 11.24.

UYU NGN average rate for November 2023 is 20.7404, the change between 01/11/2023 and 30/11/2023 is -2.74 %.

01 November 20231 UYU = 19.98 NGN
02 November 20231 UYU = 20.01 NGN
03 November 20231 UYU = 19.96 NGN
06 November 20231 UYU = 20.59 NGN
07 November 20231 UYU = 20.25 NGN
08 November 20231 UYU = 20.03 NGN
09 November 20231 UYU = 20.37 NGN
10 November 20231 UYU = 20.40 NGN
13 November 20231 UYU = 20.50 NGN
14 November 20231 UYU = 20.86 NGN
15 November 20231 UYU = 21.53 NGN
16 November 20231 UYU = 21.36 NGN
17 November 20231 UYU = 21.46 NGN
18 November 20231 UYU = 21.22 NGN
19 November 20231 UYU = 21.22 NGN
20 November 20231 UYU = 21.54 NGN
21 November 20231 UYU = 21.01 NGN
22 November 20231 UYU = 20.92 NGN
23 November 20231 UYU = 20.70 NGN
24 November 20231 UYU = 20.86 NGN
26 November 20231 UYU = 21.31 NGN
27 November 20231 UYU = 20.91 NGN
28 November 20231 UYU = 20.61 NGN
29 November 20231 UYU = 20.39 NGN
30 November 20231 UYU = 20.53 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.