Historic Uruguayan peso Nigerian Naira

Uruguayan peso nigerian naira history for September 2023. The highest quote for this month is 21.142 (08/09/2023) and the lowest 21.016 (08/09/2023). The difference between high and low is 0.6.

UYU NGN average rate for September 2023 is 20.46683, the change between 01/09/2023 and 30/09/2023 is +3.58 %.

01 September 20231 UYU = 20.75 NGN
04 September 20231 UYU = 20.27 NGN
05 September 20231 UYU = 20.42 NGN
06 September 20231 UYU = 20.50 NGN
07 September 20231 UYU = 20.27 NGN
08 September 20231 UYU = 21.03 NGN
11 September 20231 UYU = 21.16 NGN
12 September 20231 UYU = 20.82 NGN
13 September 20231 UYU = 20.07 NGN
14 September 20231 UYU = 20.86 NGN
15 September 20231 UYU = 20.79 NGN
18 September 20231 UYU = 20.38 NGN
19 September 20231 UYU = 20.21 NGN
20 September 20231 UYU = 20.69 NGN
21 September 20231 UYU = 20.48 NGN
22 September 20231 UYU = 20.41 NGN
23 September 20231 UYU = 19.37 NGN
24 September 20231 UYU = 19.37 NGN
25 September 20231 UYU = 20.53 NGN
26 September 20231 UYU = 20.78 NGN
27 September 20231 UYU = 20.74 NGN
28 September 20231 UYU = 20.68 NGN
29 September 20231 UYU = 20.60 NGN
30 September 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.