Currency of Nigeria: Nigerian naira ₦

Nigeria

The Nigerian Naira is the currency of Nigeria. The code of Nigerian naira is NGN. We use ₦ as symbol of Nigerian naira. The Nigerian Naira is divided in 100 kobo. NGN is regulated by Central Bank of Nigeria.

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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.

Converter Nigerian naira

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The NGN converter is provided without any warranty. Prices might differ from those given by financial institutions as banks (Central Bank of Nigeria), brokers or money transfer companies.

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Major currencies

currency ISO 4217
Indian rupee INR
US dollar USD
UAE dirham AED
Saudi riyal SAR
Pakistani rupee PKR
euro EUR
Bangladeshi taka BDT
Malaysian ringgit MYR

Exchange rate of Nigerian naira , currency of Nigeria

NGN/currency Converter
1 NGN = 1.5266 XOF
1 NGN = 0.1953 INR
1 NGN = 1.5266 XAF
1 NGN = 37.9226 IDR
1 NGN = 0.0000 BTC
1 NGN = 5.9365 TZS
1 NGN = 3.8775 LBP
1 NGN = 9.8110 MGA
1 NGN = 0.1305 PHP
1 NGN = 25.1679 SLL
1 NGN = 0.0023 EUR
1 NGN = 4.6928 CDF
1 NGN = 10.5308 KHR
1 NGN = 0.0036 CAD
1 NGN = 0.0112 MYR
1 NGN = 641.2591 VEF
1 NGN = 24.5120 GNF
1 NGN = 9.7733 UGX
1 NGN = 9.5679 COP
1 NGN = 0.2193 BDT
1 NGN = 108.6582 IRR
1 NGN = 0.1427 SDG
1 NGN = 59.7068 VND
1 NGN = 0.3362 SSP
1 NGN = 3.6139 MMK
1 NGN = 0.0451 ZAR
1 NGN = 0.0038 XXC
1 NGN = 0.0452 NAD
1 NGN = 0.0095 AED
1 NGN = 0.0097 SAR

currency/NGN Converter
1 USD = 387.4995 NGN
1 GBP = 477.6826 NGN
1 GHS = 67.3487 NGN
1 CNY = 54.1738 NGN
1 ZAR = 22.1850 NGN
1 CAD = 281.3556 NGN
1 AED = 105.4938 NGN
1 EUR = 429.6750 NGN
1 TRY = 56.8541 NGN
1 KES = 3.6232 NGN
1 OMR = 1006.5004 NGN
1 PHP = 7.6617 NGN
1 KWD = 1255.4713 NGN
1 LTC = 17640.0675 NGN
1 XRP = 78.7289 NGN
1 ZMW = 21.3034 NGN
1 AUD = 257.3598 NGN
1 SAR = 103.1724 NGN
1 BTC = 3682349.9164 NGN
1 MAD = 39.5897 NGN
1 XDG = 0.9885 NGN
1 RUB = 5.4889 NGN
1 BRL = 71.7048 NGN
1 LYD = 273.6853 NGN
1 JMD = 2.6843 NGN
1 KPW = 0.4306 NGN
1 DZD = 3.0231 NGN
1 QAR = 106.4269 NGN
1 CUP = 15.0485 NGN
1 SEK = 40.7545 NGN
1 LRD = 1.9507 NGN
1 ARS = 5.6992 NGN
1 UGX = 0.1023 NGN
1 INR = 5.1192 NGN
1 SGD = 274.1096 NGN
1 JPY = 3.6080 NGN
1 BIL = 0.0238 NGN
1 TND = 134.8529 NGN
1 MYR = 89.1111 NGN
1 TZS = 0.1684 NGN
1 COP = 0.1045 NGN
1 IRR = 0.0092 NGN
1 EGP = 24.4680 NGN
1 GMD = 7.5352 NGN
1 BDT = 4.5605 NGN
1 NPR = 3.1939 NGN
1 CHF = 402.3400 NGN
1 NOK = 39.6302 NGN
1 BWP = 32.9316 NGN
1 ANG = 215.8130 NGN
1 NAD = 22.1175 NGN
1 SLL = 0.0397 NGN
1 PKR = 2.4116 NGN
1 NZD = 240.3991 NGN
1 TWD = 12.9274 NGN
1 MXN = 17.4633 NGN
1 MZN = 5.5876 NGN
1 SZL = 22.3636 NGN
1 SSP = 2.9748 NGN
1 AOA = 0.6676 NGN
1 TTD = 57.3986 NGN
1 CUC = 387.4995 NGN
1 GEL = 121.2832 NGN
1 SOS = 0.6740 NGN
1 SDG = 7.0072 NGN
1 THB = 12.1689 NGN
1 KRW = 0.3134 NGN
1 MUR = 9.7112 NGN
1 KHR = 0.0950 NGN
1 CLP = 0.4788 NGN
1 HUF = 1.2298 NGN
1 ILS = 110.2757 NGN
1 PLN = 96.4621 NGN
1 HKD = 49.9816 NGN
1 XAG = 6753.5282 NGN
1 NIO = 11.4476 NGN
1 MRO = 1.0854 NGN
1 XCD = 143.3832 NGN
1 LSL = 22.3642 NGN
1 ETB = 11.4138 NGN
1 SYP = 0.7555 NGN
1 ALL = 3.4556 NGN
1 IDR = 0.0264 NGN
1 CVE = 3.8745 NGN
1 GYD = 1.8540 NGN
1 VND = 0.0167 NGN
1 UAH = 14.4064 NGN
1 KYD = 464.8457 NGN
1 BGN = 219.3954 NGN
1 DKK = 57.6396 NGN
1 JOD = 546.5442 NGN
1 DOP = 6.9548 NGN
1 LKR = 2.0788 NGN
1 RSD = 3.6527 NGN
1 WST = 141.2745 NGN
1 SCR = 22.0300 NGN
1 BBD = 193.7498 NGN
1 AMD = 0.8005 NGN
1 BND = 272.8459 NGN
1 PYG = 0.0586 NGN
1 KZT = 0.9383 NGN
1 AFN = 5.0587 NGN
1 AZN = 227.6062 NGN
1 GTQ = 50.3433 NGN
1 RON = 88.7093 NGN
1 FJD = 174.7541 NGN
1 CZK = 15.9073 NGN
1 VEF = 0.0016 NGN
1 ERN = 25.8282 NGN
1 SHP = 477.6826 NGN
1 BOB = 56.1034 NGN
1 CDF = 0.2131 NGN
1 BHD = 1026.0994 NGN
1 PEN = 113.0120 NGN
1 MNT = 0.1382 NGN
1 UYU = 8.9675 NGN
1 IQD = 0.3267 NGN
1 BSD = 387.4995 NGN
1 GLD = 21.0015 NGN
1 TJS = 37.7574 NGN

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

Currency Of Nigeria

flag NGN
Nigerian nairas
200 Nigerian nairas
10 Nigerian nairas
50 Nigerian nairas
20 Nigerian nairas
100 Nigerian nairas
1000 Nigerian nairas
1 Nigerian nairas
5 Nigerian nairas
500 Nigerian nairas

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