Nigerian Naira (NGN) Exchange Rates on 07th April 2020 (07/04/2020)
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Exchange rates for Nigerian Naira (NGN)
| Updated: 2020-04-07 | |||||||||
| Convert from | Convert to | 1 NGN | Conversion | in currency | Conversion | ||||
 NGN |
 GBP |
0.0022 | NGN to GBP | 451.496 | GBP to NGN | ||||
| NGN |
 BGN |
0.0049 | NGN to BGN | 203.2466 | BGN to NGN | ||||
| NGN |
 HRK |
0.0191 | NGN to HRK | 52.2332 | HRK to NGN | ||||
| NGN |
 CZK |
0.0689 | NGN to CZK | 14.5146 | CZK to NGN | ||||
| NGN |
 DKK |
0.0188 | NGN to DKK | 53.333 | DKK to NGN | ||||
| NGN |
 EEK |
0 | NGN to EEK | 0 | EEK to NGN | ||||
| NGN |
 HUF |
0.9092 | NGN to HUF | 1.0998 | HUF to NGN | ||||
| NGN |
 KZT |
1.1973 | NGN to KZT | 0.8352 | KZT to NGN | ||||
| NGN |
 LVL |
0.0016 | NGN to LVL | 606.7224 | LVL to NGN | ||||
| NGN |
 LTL |
0 | NGN to LTL | 0 | LTL to NGN | ||||
| NGN |
 MKD |
0.1552 | NGN to MKD | 6.4441 | MKD to NGN | ||||
| NGN |
 MDL |
0.0508 | NGN to MDL | 19.6657 | MDL to NGN | ||||
| NGN |
 NOK |
0.028 | NGN to NOK | 35.7111 | NOK to NGN | ||||
| NGN |
 PLN |
0.0114 | NGN to PLN | 87.8418 | PLN to NGN | ||||
| NGN |
 RON |
0.0121 | NGN to RON | 82.5183 | RON to NGN | ||||
| NGN |
 RUB |
0.2056 | NGN to RUB | 4.8645 | RUB to NGN | ||||
| NGN |
 SKK |
0 | NGN to SKK | 0 | SKK to NGN | ||||
| NGN |
 SEK |
0.0274 | NGN to SEK | 36.4902 | SEK to NGN | ||||
| NGN |
 CHF |
0.0027 | NGN to CHF | 376.3318 | CHF to NGN | ||||
| NGN |
 TRY |
0.0183 | NGN to TRY | 54.6519 | TRY to NGN | ||||
| NGN |
 UAH |
0.0742 | NGN to UAH | 13.4716 | UAH to NGN | ||||
| Updated: 2020-04-07 | |||||||||
| Convert from | Convert to | 1 NGN | Conversion | in currency | Conversion | ||||
| NGN |
 ARS |
0.1769 | NGN to ARS | 5.6538 | ARS to NGN | ||||
| NGN |
 BOB |
0.0188 | NGN to BOB | 53.1928 | BOB to NGN | ||||
| NGN |
 BRL |
0.0144 | NGN to BRL | 69.4248 | BRL to NGN | ||||
| NGN |
 CAD |
0.0038 | NGN to CAD | 261.3656 | CAD to NGN | ||||
| NGN |
 KYD |
0.0023 | NGN to KYD | 440.1347 | KYD to NGN | ||||
| NGN |
 CLP |
2.3232 | NGN to CLP | 0.4304 | CLP to NGN | ||||
| NGN |
 COP |
10.8474 | NGN to COP | 0.0922 | COP to NGN | ||||
| NGN |
 CRC |
1.5691 | NGN to CRC | 0.6373 | CRC to NGN | ||||
| NGN |
 DOP |
0.1469 | NGN to DOP | 6.8083 | DOP to NGN | ||||
| NGN |
 SVC |
0.0239 | NGN to SVC | 41.9176 | SVC to NGN | ||||
| NGN |
 FJD |
0.0063 | NGN to FJD | 158.1692 | FJD to NGN | ||||
| NGN |
 HNL |
0.0676 | NGN to HNL | 14.7961 | HNL to NGN | ||||
| NGN |
 JMD |
0.3681 | NGN to JMD | 2.7168 | JMD to NGN | ||||
| NGN |
 MXN |
0.0666 | NGN to MXN | 15.0052 | MXN to NGN | ||||
| NGN |
 ANG |
0.0049 | NGN to ANG | 204.8943 | ANG to NGN | ||||
| NGN |
 PYG |
17.8327 | NGN to PYG | 0.0561 | PYG to NGN | ||||
| NGN |
 PEN |
0.0094 | NGN to PEN | 106.0624 | PEN to NGN | ||||
| NGN |
 TTD |
0.0184 | NGN to TTD | 54.2819 | TTD to NGN | ||||
| NGN |
 USD |
0.0027 | NGN to USD | 367.0002 | USD to NGN | ||||
| NGN |
 UYU |
0.1206 | NGN to UYU | 8.2926 | UYU to NGN | ||||
| NGN |
 VEF |
0.0272 | NGN to VEF | 36.746 | VEF to NGN | ||||
| Updated: 2020-04-07 | |||||||||
| Convert from | Convert to | 1 NGN | Conversion | in currency | Conversion | ||||
| NGN |
 AUD |
0.0044 | NGN to AUD | 226.2131 | AUD to NGN | ||||
| NGN |
 BDT |
0.2316 | NGN to BDT | 4.3177 | BDT to NGN | ||||
| NGN |
 BND |
0.0039 | NGN to BND | 255.8589 | BND to NGN | ||||
| NGN |
 CNY |
0.0193 | NGN to CNY | 51.9433 | CNY to NGN | ||||
| NGN |
 INR |
0.2063 | NGN to INR | 4.8479 | INR to NGN | ||||
| NGN |
 IDR |
44.5489 | NGN to IDR | 0.0224 | IDR to NGN | ||||
| NGN |
 JPY |
0.2966 | NGN to JPY | 3.3718 | JPY to NGN | ||||
| NGN |
 MYR |
0.0119 | NGN to MYR | 84.3727 | MYR to NGN | ||||
| NGN |
 MVR |
0.042 | NGN to MVR | 23.8157 | MVR to NGN | ||||
| NGN |
 NPR |
0.3324 | NGN to NPR | 3.0081 | NPR to NGN | ||||
| NGN |
 NZD |
0.0045 | NGN to NZD | 220.1923 | NZD to NGN | ||||
| NGN |
 PKR |
0.4557 | NGN to PKR | 2.1945 | PKR to NGN | ||||
| NGN |
 PGK |
0.0095 | NGN to PGK | 105.7029 | PGK to NGN | ||||
| NGN |
 PHP |
0.1379 | NGN to PHP | 7.2493 | PHP to NGN | ||||
| NGN |
 SCR |
0.0401 | NGN to SCR | 24.9663 | SCR to NGN | ||||
| NGN |
 SGD |
0.0039 | NGN to SGD | 257.1106 | SGD to NGN | ||||
| NGN |
 KRW |
3.3224 | NGN to KRW | 0.301 | KRW to NGN | ||||
| NGN |
 LKR |
0.5269 | NGN to LKR | 1.8979 | LKR to NGN | ||||
| NGN |
 TWD |
0.0821 | NGN to TWD | 12.1775 | TWD to NGN | ||||
| NGN |
 THB |
0.0893 | NGN to THB | 11.2006 | THB to NGN | ||||
| Updated: 2020-04-07 | |||||||||
| Convert from | Convert to | 1 NGN | Conversion | in currency | Conversion | ||||
| NGN |
 BHD |
0.001 | NGN to BHD | 973.3934 | BHD to NGN | ||||
| NGN |
 EGP |
0.0429 | NGN to EGP | 23.3043 | EGP to NGN | ||||
| NGN |
 HKD |
0.0211 | NGN to HKD | 47.3377 | HKD to NGN | ||||
| NGN |
 ILS |
0.0097 | NGN to ILS | 102.7228 | ILS to NGN | ||||
| NGN |
 JOD |
0.0019 | NGN to JOD | 517.65 | JOD to NGN | ||||
| NGN |
 KWD |
0.0008 | NGN to KWD | 1177.0732 | KWD to NGN | ||||
| NGN |
 LBP |
4.123 | NGN to LBP | 0.2425 | LBP to NGN | ||||
| NGN |
 OMR |
0.001 | NGN to OMR | 953.0249 | OMR to NGN | ||||
| NGN |
 QAR |
0.0099 | NGN to QAR | 100.7977 | QAR to NGN | ||||
| NGN |
 SAR |
0.0102 | NGN to SAR | 97.6049 | SAR to NGN | ||||
| NGN |
 AED |
0.01 | NGN to AED | 99.913 | AED to NGN | ||||
| NGN |
 YER |
0.6822 | NGN to YER | 1.4659 | YER to NGN | ||||
| Updated: 2020-04-07 | |||||||||
| Convert from | Convert to | 1 NGN | Conversion | in currency | Conversion | ||||
| NGN |
 DZD |
0.3457 | NGN to DZD | 2.8925 | DZD to NGN | ||||
| NGN |
 KES |
0.2896 | NGN to KES | 3.4528 | KES to NGN | ||||
| NGN |
 MUR |
0.1086 | NGN to MUR | 9.2085 | MUR to NGN | ||||
| NGN |
 MAD |
0.0281 | NGN to MAD | 35.5994 | MAD to NGN | ||||
| NGN |
 NAD |
0.0514 | NGN to NAD | 19.4695 | NAD to NGN | ||||
| NGN |
 NIO |
0.092 | NGN to NIO | 10.872 | NIO to NGN | ||||
| NGN |
NGN |
1 | NGN to NGN | 1 | NGN to NGN | ||||
| NGN |
 SLL |
26.5394 | NGN to SLL | 0.0377 | SLL to NGN | ||||
| NGN |
 ZAR |
0.0504 | NGN to ZAR | 19.8223 | ZAR to NGN | ||||
| NGN |
 TZS |
6.3049 | NGN to TZS | 0.1586 | TZS to NGN | ||||
| NGN |
 TND |
0.008 | NGN to TND | 125.6312 | TND to NGN | ||||
| NGN |
 UGX |
10.2655 | NGN to UGX | 0.0974 | UGX to NGN | ||||
| NGN |
 XOF |
1.6559 | NGN to XOF | 0.6039 | XOF to NGN | ||||
| NGN |
 ZMK |
24.5264 | NGN to ZMK | 0.0408 | ZMK to NGN | ||||
Nigerian Naira (NGN)
Sign ₦
1 Nigerian Naira is subdivided into 100 kobo.
Nigeria or the Federal Republic of Nigeria is located in West Africa. Nigeria borders the Republic of Benin, Chad, Cameroon and Niger and lies directly on the Gulf of Guinea in the Atlantic Ocean. Nigeria’s economy is classified as middle income status and the country offers a bounty of natural resources as well as financial, communication, legal and transport sectors. It is currently ranked 37th in terms of GDP in the world and is a large supplier of oil for various countries around the world including the United States.
Coins used:
˝, 1, 5, 10, 25, 50 kobo, 1 & 2 naira
Banknotes used:
5, 10, 20, 50, 100, 200, 500 & 1000 naira
Central Bank
Central Bank of Nigeria
http://www.cenbank.org
The Nigerian naira is the official currency of Nigeria. The naira is noted by the ISO sign NGN and is subdivided into 100 kobo. Currency in Nigeria is issued by the Central Bank of Nigeria. The Nigerian Central Bank controls the entire volume of money supplied in order to ensure price stability and monetary stability. Nigeria’s Currency & Branch Operations Department within the Central Bank of Nigeria controls the procurement, reissue, withdrawal and disposal of bank notes and coins and the supply and distribution of all monies in the country.
The naira is issued in denominations of N5, N10, N20, N50, N100, N200 and N500. Nigerian coins are issued in denominations of N1 and kobo 1, 10, 25 and 50. The import of local currency is limited to N20 in banknotes and these must be declared upon arrival to Nigeria. The export of local currency is also limited to N20 in banknotes. Importing foreign currency is unlimited throughout the country but any foreign currency is required to be declared immediately upon arrival to the country. Export is restricted to the amount that is declared. Nigeria has strict penalties for black market currency transactions.
Those visiting Nigeria will need to exchange currency through moneychangers. There are many banks in the country but virtually none of them provide currency exchange. Moneychangers are found readily at a number of locations within the larger cities and are considered to be among the most honest in all of Africa. Many banks and certain retailers also offer Western Union branches for those who need to have money wired to them while visiting the country. ATMs are bountiful but most recommend avoiding their use due to the high level of theft throughout the country. Travelers’ checks are virtually useless in Nigeria as well. Those visiting will find it much easier to find a moneychanger in order to exchange foreign currencies for the naira.
Other References
Wikipedia article on Nigerian Naira
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