Uruguayan peso nigerian naira history for October 2023. The highest quote for this month is 22.449 (23/10/2023) and the lowest 20.175 (02/10/2023). The difference between high and low is 10.13.
UYU NGN average rate for October 2023 is 19.97252, the change between 01/10/2023 and 31/10/2023 is +0.01 %.
01 October 2023 | 1 UYU = 20.00 NGN |
02 October 2023 | 1 UYU = 20.25 NGN |
03 October 2023 | 1 UYU = 20.21 NGN |
04 October 2023 | 1 UYU = 20.14 NGN |
05 October 2023 | 1 UYU = 19.58 NGN |
06 October 2023 | 1 UYU = 19.79 NGN |
07 October 2023 | 1 UYU = 19.71 NGN |
09 October 2023 | 1 UYU = 20.08 NGN |
10 October 2023 | 1 UYU = 19.67 NGN |
11 October 2023 | 1 UYU = 19.53 NGN |
12 October 2023 | 1 UYU = 19.50 NGN |
13 October 2023 | 1 UYU = 19.48 NGN |
16 October 2023 | 1 UYU = 19.63 NGN |
17 October 2023 | 1 UYU = 19.41 NGN |
18 October 2023 | 1 UYU = 19.40 NGN |
19 October 2023 | 1 UYU = 19.43 NGN |
20 October 2023 | 1 UYU = 19.05 NGN |
23 October 2023 | 1 UYU = 21.88 NGN |
24 October 2023 | 1 UYU = 19.45 NGN |
25 October 2023 | 1 UYU = 21.87 NGN |
26 October 2023 | 1 UYU = 20.79 NGN |
27 October 2023 | 1 UYU = 20.41 NGN |
29 October 2023 | 1 UYU = 19.81 NGN |
30 October 2023 | 1 UYU = 20.25 NGN |
31 October 2023 | 1 UYU = 20.00 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.