Convert 1200 United Arab Emirates Dirham (AED) to Nigerian Naira (NGN)
Exchange rates used for currency conversion updated on October 16th 2021 ( 10/16/2021 )
Below you will find the latest exchange rates for exchanging United Arab Emirates Dirham (AED) to Nigerian Naira (NGN) , a table containing most common conversions and a chart with the pair's evolution.
The United Arab Emirates Dirham (AED) to Nigerian Naira (NGN) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
AED is the currency code for the United Arab Emirates dirham and is the official currency of the United Arab Emirates (UAE). The dirham is issued in increments of 1/100 dirham = 1 fils. Fils can be confused because of the "s" at the end and appear plural, but fils is in fact a singular word. AED is denominated in 25 fils, 50 fils, and 1 dirham coins and 5, 10, 20, 50, 100, 200, 500, and 1000 dirhams banknotes. The economy of the UAE is advanced, boasting the third highest GDP per capita in the world, the value of the AED is pegged to the United States Dollar, and the currency is issued by the Central Bank of the United Arab Emirates.
About Nigerian Naira (NGN)
Nigeria is a country in Africa that borders the Gulf of Guinea on the Atlantic Ocean. The naira is the official currency of the country and is divided into 100 kobo. Denominations of the naira include N5, N10, N20, N50, N100, N200 and N500. Most banks do not offer currency exchange so visitors must find moneychangers in order to convert foreign currency into naira.