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Nigerian Naira (NGN) Exchange Rates on 27th July 2024 (27/07/2024)

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Exchange rates for Nigerian Naira (NGN)

Updated: 2024-07-27
Convert from Convert to 1 NGN Conversion in currency Conversion
NGN NGN GBP GBP 0.0005 NGN to GBP 2003.0215 GBP to NGN
NGN NGN BGN BGN 0.0012 NGN to BGN 864.2117 BGN to NGN
NGN NGN HRK HRK 0.0044 NGN to HRK 225.3995 HRK to NGN
NGN NGN CZK CZK 0.015 NGN to CZK 66.6646 CZK to NGN
NGN NGN DKK DKK 0.0044 NGN to DKK 226.5318 DKK to NGN
NGN NGN EEK EEK 0 NGN to EEK 0 EEK to NGN
NGN NGN HUF HUF 0.2321 NGN to HUF 4.3091 HUF to NGN
NGN NGN KZT KZT 0.3049 NGN to KZT 3.2799 KZT to NGN
NGN NGN LVL LVL 0.0004 NGN to LVL 2574.1002 LVL to NGN
NGN NGN LTL LTL 0 NGN to LTL 0 LTL to NGN
NGN NGN MKD MKD 0.0365 NGN to MKD 27.4286 MKD to NGN
NGN NGN MDL MDL 0.0114 NGN to MDL 87.5928 MDL to NGN
NGN NGN NOK NOK 0.0071 NGN to NOK 141.2645 NOK to NGN
NGN NGN PLN PLN 0.0025 NGN to PLN 394.5749 PLN to NGN
NGN NGN RON RON 0.0029 NGN to RON 340.2719 RON to NGN
NGN NGN RUB RUB 0.0546 NGN to RUB 18.322 RUB to NGN
NGN NGN SKK SKK 0 NGN to SKK 0 SKK to NGN
NGN NGN SEK SEK 0.007 NGN to SEK 143.8509 SEK to NGN
NGN NGN CHF CHF 0.0006 NGN to CHF 1767.5428 CHF to NGN
NGN NGN TRY TRY 0.0213 NGN to TRY 47.0546 TRY to NGN
NGN NGN UAH UAH 0.0265 NGN to UAH 37.7865 UAH to NGN
Updated: 2024-07-27
Convert from Convert to 1 NGN Conversion in currency Conversion
NGN NGN ARS ARS 0.597 NGN to ARS 1.6751 ARS to NGN
NGN NGN BOB BOB 0.0044 NGN to BOB 225.3952 BOB to NGN
NGN NGN BRL BRL 0.0036 NGN to BRL 275.838 BRL to NGN
NGN NGN CAD CAD 0.0009 NGN to CAD 1126.8654 CAD to NGN
NGN NGN KYD KYD 0.0005 NGN to KYD 1868.864 KYD to NGN
NGN NGN CLP CLP 0.6083 NGN to CLP 1.6439 CLP to NGN
NGN NGN COP COP 2.5892 NGN to COP 0.3862 COP to NGN
NGN NGN CRC CRC 0.3395 NGN to CRC 2.9454 CRC to NGN
NGN NGN DOP DOP 0.038 NGN to DOP 26.2927 DOP to NGN
NGN NGN SVC SVC 0.0056 NGN to SVC 177.9899 SVC to NGN
NGN NGN FJD FJD 0.0015 NGN to FJD 688.9719 FJD to NGN
NGN NGN HNL HNL 0.0159 NGN to HNL 62.8955 HNL to NGN
NGN NGN JMD JMD 0.1005 NGN to JMD 9.9494 JMD to NGN
NGN NGN MXN MXN 0.0118 NGN to MXN 84.5406 MXN to NGN
NGN NGN ANG ANG 0.0012 NGN to ANG 864.144 ANG to NGN
NGN NGN PYG PYG 4.8698 NGN to PYG 0.2053 PYG to NGN
NGN NGN PEN PEN 0.0024 NGN to PEN 416.1566 PEN to NGN
NGN NGN TTD TTD 0.0044 NGN to TTD 229.1232 TTD to NGN
NGN NGN USD USD 0.0006 NGN to USD 1557.0482 USD to NGN
NGN NGN UYU UYU 0.0258 NGN to UYU 38.7532 UYU to NGN
NGN NGN VEF VEF 2326.4567 NGN to VEF 0.0004 VEF to NGN
Updated: 2024-07-27
Convert from Convert to 1 NGN Conversion in currency Conversion
NGN NGN AUD AUD 0.001 NGN to AUD 1019.9442 AUD to NGN
NGN NGN BDT BDT 0.0754 NGN to BDT 13.254 BDT to NGN
NGN NGN BND BND 0.0009 NGN to BND 1160.397 BND to NGN
NGN NGN CNY CNY 0.0047 NGN to CNY 214.8366 CNY to NGN
NGN NGN INR INR 0.0538 NGN to INR 18.5967 INR to NGN
NGN NGN IDR IDR 10.4662 NGN to IDR 0.0955 IDR to NGN
NGN NGN JPY JPY 0.0988 NGN to JPY 10.1236 JPY to NGN
NGN NGN MYR MYR 0.003 NGN to MYR 333.9514 MYR to NGN
NGN NGN MVR MVR 0.0099 NGN to MVR 101.4387 MVR to NGN
NGN NGN NPR NPR 0.086 NGN to NPR 11.629 NPR to NGN
NGN NGN NZD NZD 0.0011 NGN to NZD 916.5246 NZD to NGN
NGN NGN PKR PKR 0.1788 NGN to PKR 5.5941 PKR to NGN
NGN NGN PGK PGK 0.0025 NGN to PGK 402.6695 PGK to NGN
NGN NGN PHP PHP 0.0375 NGN to PHP 26.6465 PHP to NGN
NGN NGN SCR SCR 0.0085 NGN to SCR 117.2852 SCR to NGN
NGN NGN SGD SGD 0.0009 NGN to SGD 1159.3755 SGD to NGN
NGN NGN KRW KRW 0.8902 NGN to KRW 1.1233 KRW to NGN
NGN NGN LKR LKR 0.1948 NGN to LKR 5.1331 LKR to NGN
NGN NGN TWD TWD 0.0211 NGN to TWD 47.4463 TWD to NGN
NGN NGN THB THB 0.0232 NGN to THB 43.0856 THB to NGN
Updated: 2024-07-27
Convert from Convert to 1 NGN Conversion in currency Conversion
NGN NGN BHD BHD 0.0002 NGN to BHD 4130.7607 BHD to NGN
NGN NGN EGP EGP 0.031 NGN to EGP 32.2137 EGP to NGN
NGN NGN HKD HKD 0.005 NGN to HKD 199.4412 HKD to NGN
NGN NGN ILS ILS 0.0024 NGN to ILS 424.5115 ILS to NGN
NGN NGN JOD JOD 0.0005 NGN to JOD 2197.0364 JOD to NGN
NGN NGN KWD KWD 0.0002 NGN to KWD 5091.0568 KWD to NGN
NGN NGN LBP LBP 57.4998 NGN to LBP 0.0174 LBP to NGN
NGN NGN OMR OMR 0.0002 NGN to OMR 4044.7315 OMR to NGN
NGN NGN QAR QAR 0.0023 NGN to QAR 426.9583 QAR to NGN
NGN NGN SAR SAR 0.0024 NGN to SAR 415.1277 SAR to NGN
NGN NGN AED AED 0.0024 NGN to AED 423.9177 AED to NGN
NGN NGN YER YER 0.1608 NGN to YER 6.2195 YER to NGN
Updated: 2024-07-27
Convert from Convert to 1 NGN Conversion in currency Conversion
NGN NGN DZD DZD 0.0863 NGN to DZD 11.583 DZD to NGN
NGN NGN KES KES 0.0835 NGN to KES 11.98 KES to NGN
NGN NGN MUR MUR 0.0301 NGN to MUR 33.242 MUR to NGN
NGN NGN MAD MAD 0.0063 NGN to MAD 158.346 MAD to NGN
NGN NGN NAD NAD 0.0119 NGN to NAD 84.2501 NAD to NGN
NGN NGN NIO NIO 0.0236 NGN to NIO 42.3136 NIO to NGN
NGN NGN NGN NGN 1 NGN to NGN 1 NGN to NGN
NGN NGN SLL SLL 13.4675 NGN to SLL 0.0743 SLL to NGN
NGN NGN ZAR ZAR 0.0118 NGN to ZAR 84.964 ZAR to NGN
NGN NGN TZS TZS 1.7279 NGN to TZS 0.5787 TZS to NGN
NGN NGN TND TND 0.002 NGN to TND 501.8049 TND to NGN
NGN NGN UGX UGX 2.3994 NGN to UGX 0.4168 UGX to NGN
NGN NGN XOF XOF 0.3881 NGN to XOF 2.5764 XOF to NGN
NGN NGN ZMK ZMK 5.7809 NGN to ZMK 0.173 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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