Historic Uruguayan peso Nigerian Naira

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 20231 UYU = 20.00 NGN
02 October 20231 UYU = 20.25 NGN
03 October 20231 UYU = 20.21 NGN
04 October 20231 UYU = 20.14 NGN
05 October 20231 UYU = 19.58 NGN
06 October 20231 UYU = 19.79 NGN
07 October 20231 UYU = 19.71 NGN
09 October 20231 UYU = 20.08 NGN
10 October 20231 UYU = 19.67 NGN
11 October 20231 UYU = 19.53 NGN
12 October 20231 UYU = 19.50 NGN
13 October 20231 UYU = 19.48 NGN
16 October 20231 UYU = 19.63 NGN
17 October 20231 UYU = 19.41 NGN
18 October 20231 UYU = 19.40 NGN
19 October 20231 UYU = 19.43 NGN
20 October 20231 UYU = 19.05 NGN
23 October 20231 UYU = 21.88 NGN
24 October 20231 UYU = 19.45 NGN
25 October 20231 UYU = 21.87 NGN
26 October 20231 UYU = 20.79 NGN
27 October 20231 UYU = 20.41 NGN
29 October 20231 UYU = 19.81 NGN
30 October 20231 UYU = 20.25 NGN
31 October 20231 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.