Converter Nigerian naira

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Currency Of Nigeria

Use of the converter

Enter the amount to convert at the top and choose a second currency., You can also get the history of the price rate by clicking on the "convert" button., If you want to see the parity of the NGN currency with other currencies, go to the table " Nigerian naira exchange rate" below. , The last update to the Mataf NGN Currency Converter is dated from

The Naira of Nigeria

The Naira was a major international exchange currency during the 1970's even attaining a rate of exchange of 2 Nairas to the US Dollar at the time of its first issue in 1973 in place of the Pound. Nowadays, after serious monetary devaluation, 1 US Dollar is equivalent to over 160 Nairas.

The Naira is subdivided into 100 Kobos. Few of the latter are currently in circulation due to the devaluation of the Nigerian currency. The only coins in current circulation are of 50 Kobos, and 1 et 2 Nairas.

Where banknotes are concerned, in the 1990's banknotes ceased to exist, except for the 5,10 and 20 Naira notes. But, by contrast with the fate of the coins although still due to the growing inflation, 50, 100, 200, 500 and even 1,000 Naira banknotes have been introduced in the years 2000.

The 1 Naira banknote carries the image of a mask on its reverse side. The sculpting of masks is a major art form in Africa. The shapes, sizes and materials are many and varied. When they represent animals, they are supposed to bring their characteristic qualities to the bearer. When they are in the form of human faces, they tend to be those of sorcerers, who mediate between the divine and human dimensions. Nigerian traditions and customs are also presented on the 5 Naira bill with the ritual dances of the Nkpokiti troupe.

Exchange rate - Nigerian naira

currency Nigerian naira 1 NGN =
Ghanaian Cedi 1 NGN = 0.0131 GHS
Pound sterling 1 NGN = 0.0025 GBP
Canadian dollar 1 NGN = 0.0042 CAD
Indian rupee 1 NGN = 0.2042 INR
CFA Franc BCEAO 1 NGN = 1.9314 XOF
Philippine peso 1 NGN = 0.1574 PHP
CFA Franc BEAC 1 NGN = 1.9314 XAF
Euro 1 NGN = 0.0029 EUR
Ugandan shilling 1 NGN = 11.3909 UGX
South African rand 1 NGN = 0.0414 ZAR
Zimbabwe dollar 1 NGN = 314966286841562890435035136.0000 ZWD
Namibian dollar 1 NGN = 0.0414 NAD
Botswana pula 1 NGN = 0.0328 BWP
German Deutsche mark 1 NGN = 0.0058 DEM
US dollar 1 NGN = 0.0032 USD
Gambian dalasi 1 NGN = 0.1419 GMD
Italian lira 1 NGN = 5.7011 ITL
Indonesian rupiah 1 NGN = 42.0340 IDR
Bitcoin 1 NGN = 0.0000 BTC
Swedish krona 1 NGN = 0.0284 SEK
Malawian kwacha 1 NGN = 2.2984 MWK
Libyan dinar 1 NGN = 0.0045 LYD
Congolese franc 1 NGN = 4.4018 CDF
Bangladeshi taka 1 NGN = 0.2615 BDT
Greek drachma 1 NGN = 1.0033 GRD
Guyanese dollar 1 NGN = 0.6477 GYD
Chilean peso 1 NGN = 2.0629 CLP
Ecuadorian sucre 1 NGN = 78.9718 ECS
Mozambican metical 1 NGN = 0.2239 MZN
Netherlands Antillean guilder 1 NGN = 0.0056 ANG
Ethiopian birr 1 NGN = 0.0726 ETB
Lebanese pound 1 NGN = 4.7658 LBP
Jamaican dollar 1 NGN = 0.4063 JMD
Guinean franc 1 NGN = 29.3355 GNF
Austrian shilling 1 NGN = 0.0405 ATS
Serbian dinar 1 NGN = 0.3626 RSD
Luxembourg franc 1 NGN = 0.1188 LUF
Tuvaluan dollar 1 NGN = 0.0042 TVD
Belgian franc 1 NGN = 0.1188 BEF
Tanzanian shilling 1 NGN = 7.0502 TZS
Armenian dram 1 NGN = 1.5251 AMD
Georgian lari 1 NGN = 0.0076 GEL
Australian dollar 1 NGN = 0.0042 AUD
Litecoin 1 NGN = 0.0002 LTC
Silver gram 1 NGN = 0.0002 XAG
Eritrean nakfa 1 NGN = 0.0485 ERN