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 = 0.0136 GHS
Indian rupee 1 NGN = 0.2012 INR
Canadian dollar 1 NGN = 0.0042 CAD
Pound sterling 1 NGN = 0.0024 GBP
CFA Franc BCEAO 1 NGN = 1.8168 XOF
Philippine peso 1 NGN = 0.1552 PHP
CFA Franc BEAC 1 NGN = 1.8168 XAF
Euro 1 NGN = 0.0028 EUR
Zimbabwe dollar 1 NGN = 310031573699662110007492608.0000 ZWD
Ugandan shilling 1 NGN = 11.2444 UGX
German Deutsche mark 1 NGN = 0.0054 DEM
Indonesian rupiah 1 NGN = 41.4197 IDR
Gambian dalasi 1 NGN = 0.1433 GMD
South African rand 1 NGN = 0.0401 ZAR
Italian lira 1 NGN = 5.3627 ITL
Ecuadorian sucre 1 NGN = 77.8596 ECS
Swedish krona 1 NGN = 0.0270 SEK
Botswana pula 1 NGN = 0.0319 BWP
Namibian dollar 1 NGN = 0.0401 NAD
Bitcoin 1 NGN = 0.0000 BTC
US dollar 1 NGN = 0.0031 USD
Libyan dinar 1 NGN = 0.0043 LYD
Chilean peso 1 NGN = 2.0877 CLP
Bangladeshi taka 1 NGN = 0.2514 BDT
Greek drachma 1 NGN = 0.9437 GRD
Lebanese pound 1 NGN = 4.6956 LBP
Belgian franc 1 NGN = 0.1117 BEF
Ethiopian birr 1 NGN = 0.0719 ETB
Georgian lari 1 NGN = 0.0075 GEL
Guinean franc 1 NGN = 28.4587 GNF
Mozambican metical 1 NGN = 0.1870 MZN
Congolese franc 1 NGN = 4.4339 CDF
Luxembourg franc 1 NGN = 0.1117 LUF
Malawian kwacha 1 NGN = 2.2654 MWK
Cambodian riel 1 NGN = 12.6489 KHR
Netherlands Antillean guilder 1 NGN = 0.0056 ANG
Egyptian pound 1 NGN = 0.0562 EGP
Guyanese dollar 1 NGN = 0.6443 GYD
Tuvaluan dollar 1 NGN = 0.0042 TVD
São Tomé dobra 1 NGN = 67.8558 STD
Litecoin 1 NGN = 0.0001 LTC
Swazi lilangeni 1 NGN = 0.0402 SZL
Kenyan shilling 1 NGN = 0.3213 KES
Serbian dinar 1 NGN = 0.3388 RSD
GoldCoin 1 NGN = 0.0712 GLD
Vanuatu vatu 1 NGN = 0.3365 VUV