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Nigerian Naira (NGN) Exchange Rates on 29th September 2023 (29/09/2023)

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Exchange rates for Nigerian Naira (NGN)

Updated: 2023-09-29
Convert from Convert to 1 NGN Conversion in currency Conversion
NGN NGN GBP GBP 0.0011 NGN to GBP 950.7723 GBP to NGN
NGN NGN BGN BGN 0.0024 NGN to BGN 420.8535 BGN to NGN
NGN NGN HRK HRK 0.009 NGN to HRK 110.9257 HRK to NGN
NGN NGN CZK CZK 0.0296 NGN to CZK 33.8235 CZK to NGN
NGN NGN DKK DKK 0.0091 NGN to DKK 110.3628 DKK to NGN
NGN NGN HUF HUF 0.4758 NGN to HUF 2.1018 HUF to NGN
NGN NGN KZT KZT 0.6085 NGN to KZT 1.6435 KZT to NGN
NGN NGN LVL LVL 0.0008 NGN to LVL 1286.3682 LVL to NGN
NGN NGN MKD MKD 0.0748 NGN to MKD 13.3777 MKD to NGN
NGN NGN MDL MDL 0.0233 NGN to MDL 42.8537 MDL to NGN
NGN NGN NOK NOK 0.0137 NGN to NOK 72.7373 NOK to NGN
NGN NGN PLN PLN 0.0056 NGN to PLN 177.3984 PLN to NGN
NGN NGN RON RON 0.006 NGN to RON 165.4463 RON to NGN
NGN NGN RUB RUB 0.1243 NGN to RUB 8.0438 RUB to NGN
NGN NGN SEK SEK 0.014 NGN to SEK 71.406 SEK to NGN
NGN NGN CHF CHF 0.0012 NGN to CHF 851.7412 CHF to NGN
NGN NGN TRY TRY 0.0353 NGN to TRY 28.3562 TRY to NGN
NGN NGN UAH UAH 0.0474 NGN to UAH 21.1174 UAH to NGN
Updated: 2023-09-29
Convert from Convert to 1 NGN Conversion in currency Conversion
NGN NGN ARS ARS 0.4497 NGN to ARS 2.2238 ARS to NGN
NGN NGN BOB BOB 0.0089 NGN to BOB 112.8875 BOB to NGN
NGN NGN BRL BRL 0.0065 NGN to BRL 154.5813 BRL to NGN
NGN NGN CAD CAD 0.0017 NGN to CAD 577.2177 CAD to NGN
NGN NGN KYD KYD 0.0011 NGN to KYD 935.9209 KYD to NGN
NGN NGN CLP CLP 1.1636 NGN to CLP 0.8594 CLP to NGN
NGN NGN COP COP 5.2345 NGN to COP 0.191 COP to NGN
NGN NGN CRC CRC 0.6903 NGN to CRC 1.4485 CRC to NGN
NGN NGN DOP DOP 0.0728 NGN to DOP 13.7398 DOP to NGN
NGN NGN SVC SVC 0.0115 NGN to SVC 86.8029 SVC to NGN
NGN NGN FJD FJD 0.0029 NGN to FJD 339.0888 FJD to NGN
NGN NGN HNL HNL 0.0316 NGN to HNL 31.6318 HNL to NGN
NGN NGN JMD JMD 0.1984 NGN to JMD 5.0414 JMD to NGN
NGN NGN MXN MXN 0.0225 NGN to MXN 44.4204 MXN to NGN
NGN NGN ANG ANG 0.0023 NGN to ANG 432.8421 ANG to NGN
NGN NGN PYG PYG 9.3462 NGN to PYG 0.107 PYG to NGN
NGN NGN PEN PEN 0.0049 NGN to PEN 205.6233 PEN to NGN
NGN NGN TTD TTD 0.0087 NGN to TTD 114.9036 TTD to NGN
NGN NGN USD USD 0.0013 NGN to USD 778.1108 USD to NGN
NGN NGN UYU UYU 0.0491 NGN to UYU 20.362 UYU to NGN
NGN NGN VEF VEF 4376.1058 NGN to VEF 0.0002 VEF to NGN
Updated: 2023-09-29
Convert from Convert to 1 NGN Conversion in currency Conversion
NGN NGN AUD AUD 0.002 NGN to AUD 502.6021 AUD to NGN
NGN NGN BDT BDT 0.1413 NGN to BDT 7.0754 BDT to NGN
NGN NGN BND BND 0.0018 NGN to BND 569.3778 BND to NGN
NGN NGN CNY CNY 0.0094 NGN to CNY 106.5877 CNY to NGN
NGN NGN INR INR 0.1068 NGN to INR 9.3624 INR to NGN
NGN NGN IDR IDR 19.9155 NGN to IDR 0.0502 IDR to NGN
NGN NGN JPY JPY 0.192 NGN to JPY 5.2091 JPY to NGN
NGN NGN MYR MYR 0.006 NGN to MYR 165.903 MYR to NGN
NGN NGN MVR MVR 0.0199 NGN to MVR 50.282 MVR to NGN
NGN NGN NPR NPR 0.1707 NGN to NPR 5.8585 NPR to NGN
NGN NGN NZD NZD 0.0021 NGN to NZD 466.8697 NZD to NGN
NGN NGN PKR PKR 0.3686 NGN to PKR 2.7131 PKR to NGN
NGN NGN PGK PGK 0.0047 NGN to PGK 213.5176 PGK to NGN
NGN NGN PHP PHP 0.0729 NGN to PHP 13.7212 PHP to NGN
NGN NGN SCR SCR 0.0167 NGN to SCR 60.005 SCR to NGN
NGN NGN SGD SGD 0.0018 NGN to SGD 570.1742 SGD to NGN
NGN NGN KRW KRW 1.7333 NGN to KRW 0.5769 KRW to NGN
NGN NGN LKR LKR 0.4158 NGN to LKR 2.4052 LKR to NGN
NGN NGN TWD TWD 0.0413 NGN to TWD 24.1984 TWD to NGN
NGN NGN THB THB 0.047 NGN to THB 21.2671 THB to NGN
Updated: 2023-09-29
Convert from Convert to 1 NGN Conversion in currency Conversion
NGN NGN BHD BHD 0.0005 NGN to BHD 2064.3414 BHD to NGN
NGN NGN EGP EGP 0.0397 NGN to EGP 25.1783 EGP to NGN
NGN NGN HKD HKD 0.0101 NGN to HKD 99.4079 HKD to NGN
NGN NGN ILS ILS 0.0049 NGN to ILS 202.478 ILS to NGN
NGN NGN JOD JOD 0.0009 NGN to JOD 1096.5489 JOD to NGN
NGN NGN KWD KWD 0.0004 NGN to KWD 2517.2585 KWD to NGN
NGN NGN LBP LBP 19.2705 NGN to LBP 0.0519 LBP to NGN
NGN NGN OMR OMR 0.0005 NGN to OMR 2021.1369 OMR to NGN
NGN NGN QAR QAR 0.0047 NGN to QAR 213.707 QAR to NGN
NGN NGN SAR SAR 0.0048 NGN to SAR 207.4584 SAR to NGN
NGN NGN AED AED 0.0047 NGN to AED 211.8831 AED to NGN
NGN NGN YER YER 0.3217 NGN to YER 3.1081 YER to NGN
Updated: 2023-09-29
Convert from Convert to 1 NGN Conversion in currency Conversion
NGN NGN DZD DZD 0.177 NGN to DZD 5.6508 DZD to NGN
NGN NGN KES KES 0.1904 NGN to KES 5.2522 KES to NGN
NGN NGN MUR MUR 0.0573 NGN to MUR 17.4652 MUR to NGN
NGN NGN MAD MAD 0.0132 NGN to MAD 75.5378 MAD to NGN
NGN NGN NAD NAD 0.0244 NGN to NAD 40.9975 NAD to NGN
NGN NGN NIO NIO 0.0469 NGN to NIO 21.3188 NIO to NGN
NGN NGN SLL SLL 25.3819 NGN to SLL 0.0394 SLL to NGN
NGN NGN ZAR ZAR 0.0244 NGN to ZAR 41.0563 ZAR to NGN
NGN NGN TZS TZS 3.22 NGN to TZS 0.3106 TZS to NGN
NGN NGN TND TND 0.0041 NGN to TND 245.0355 TND to NGN
NGN NGN UGX UGX 4.8149 NGN to UGX 0.2077 UGX to NGN
NGN NGN XOF XOF 0.798 NGN to XOF 1.2532 XOF to NGN
NGN NGN ZMK ZMK 11.568 NGN to ZMK 0.0864 ZMK to NGN

Nigerian Naira (NGN)

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
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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