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Nigerian Naira (NGN) Exchange Rates on 06th December 2022 (06/12/2022)

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Exchange rates for Nigerian Naira (NGN)

Updated: 2022-12-06
Convert from Convert to 1 NGN Conversion in currency Conversion
NGN NGN GBP GBP 0.0018 NGN to GBP 542.135 GBP to NGN
NGN NGN BGN BGN 0.0042 NGN to BGN 238.7754 BGN to NGN
NGN NGN HRK HRK 0.0162 NGN to HRK 61.7709 HRK to NGN
NGN NGN CZK CZK 0.0521 NGN to CZK 19.1906 CZK to NGN
NGN NGN DKK DKK 0.0159 NGN to DKK 62.7187 DKK to NGN
NGN NGN HUF HUF 0.8863 NGN to HUF 1.1283 HUF to NGN
NGN NGN KZT KZT 1.0636 NGN to KZT 0.9402 KZT to NGN
NGN NGN LVL LVL 0.0014 NGN to LVL 734.9097 LVL to NGN
NGN NGN MKD MKD 0.1318 NGN to MKD 7.5879 MKD to NGN
NGN NGN MDL MDL 0.0442 NGN to MDL 22.6217 MDL to NGN
NGN NGN NOK NOK 0.0224 NGN to NOK 44.7385 NOK to NGN
NGN NGN PLN PLN 0.0101 NGN to PLN 99.0129 PLN to NGN
NGN NGN RON RON 0.0105 NGN to RON 94.8446 RON to NGN
NGN NGN RUB RUB 0.1421 NGN to RUB 7.0378 RUB to NGN
NGN NGN SEK SEK 0.0234 NGN to SEK 42.6984 SEK to NGN
NGN NGN CHF CHF 0.0021 NGN to CHF 471.6421 CHF to NGN
NGN NGN TRY TRY 0.0419 NGN to TRY 23.8523 TRY to NGN
NGN NGN UAH UAH 0.0835 NGN to UAH 11.9748 UAH to NGN
Updated: 2022-12-06
Convert from Convert to 1 NGN Conversion in currency Conversion
NGN NGN ARS ARS 0.3805 NGN to ARS 2.6282 ARS to NGN
NGN NGN BOB BOB 0.0156 NGN to BOB 64.0041 BOB to NGN
NGN NGN BRL BRL 0.0119 NGN to BRL 84.1764 BRL to NGN
NGN NGN CAD CAD 0.0031 NGN to CAD 327.0869 CAD to NGN
NGN NGN KYD KYD 0.0019 NGN to KYD 530.6992 KYD to NGN
NGN NGN CLP CLP 2.0159 NGN to CLP 0.4961 CLP to NGN
NGN NGN COP COP 10.8542 NGN to COP 0.0921 COP to NGN
NGN NGN CRC CRC 1.3633 NGN to CRC 0.7335 CRC to NGN
NGN NGN DOP DOP 0.1235 NGN to DOP 8.0953 DOP to NGN
NGN NGN SVC SVC 0.0198 NGN to SVC 50.5438 SVC to NGN
NGN NGN FJD FJD 0.005 NGN to FJD 201.3673 FJD to NGN
NGN NGN HNL HNL 0.0558 NGN to HNL 17.9138 HNL to NGN
NGN NGN JMD JMD 0.3476 NGN to JMD 2.8765 JMD to NGN
NGN NGN MXN MXN 0.0444 NGN to MXN 22.5415 MXN to NGN
NGN NGN ANG ANG 0.0041 NGN to ANG 245.3916 ANG to NGN
NGN NGN PYG PYG 16.2718 NGN to PYG 0.0615 PYG to NGN
NGN NGN PEN PEN 0.0087 NGN to PEN 115.1458 PEN to NGN
NGN NGN TTD TTD 0.0154 NGN to TTD 65.1305 TTD to NGN
NGN NGN USD USD 0.0022 NGN to USD 444.5399 USD to NGN
NGN NGN UYU UYU 0.0884 NGN to UYU 11.3155 UYU to NGN
NGN NGN VEF VEF 2526.6005 NGN to VEF 0.0004 VEF to NGN
Updated: 2022-12-06
Convert from Convert to 1 NGN Conversion in currency Conversion
NGN NGN AUD AUD 0.0033 NGN to AUD 299.2402 AUD to NGN
NGN NGN BDT BDT 0.2332 NGN to BDT 4.2874 BDT to NGN
NGN NGN BND BND 0.0031 NGN to BND 327.8186 BND to NGN
NGN NGN CNY CNY 0.0157 NGN to CNY 63.7005 CNY to NGN
NGN NGN INR INR 0.1851 NGN to INR 5.4017 INR to NGN
NGN NGN IDR IDR 35.0565 NGN to IDR 0.0285 IDR to NGN
NGN NGN JPY JPY 0.3079 NGN to JPY 3.2478 JPY to NGN
NGN NGN MYR MYR 0.0099 NGN to MYR 101.4585 MYR to NGN
NGN NGN MVR MVR 0.0344 NGN to MVR 29.1024 MVR to NGN
NGN NGN NPR NPR 0.2959 NGN to NPR 3.3798 NPR to NGN
NGN NGN NZD NZD 0.0036 NGN to NZD 281.3123 NZD to NGN
NGN NGN PKR PKR 0.5075 NGN to PKR 1.9704 PKR to NGN
NGN NGN PGK PGK 0.008 NGN to PGK 125.5109 PGK to NGN
NGN NGN PHP PHP 0.126 NGN to PHP 7.9372 PHP to NGN
NGN NGN SCR SCR 0.0295 NGN to SCR 33.8462 SCR to NGN
NGN NGN SGD SGD 0.0031 NGN to SGD 327.8426 SGD to NGN
NGN NGN KRW KRW 2.9521 NGN to KRW 0.3387 KRW to NGN
NGN NGN LKR LKR 0.831 NGN to LKR 1.2034 LKR to NGN
NGN NGN TWD TWD 0.0688 NGN to TWD 14.5267 TWD to NGN
NGN NGN THB THB 0.0788 NGN to THB 12.6976 THB to NGN
Updated: 2022-12-06
Convert from Convert to 1 NGN Conversion in currency Conversion
NGN NGN BHD BHD 0.0008 NGN to BHD 1179.1311 BHD to NGN
NGN NGN EGP EGP 0.0553 NGN to EGP 18.0954 EGP to NGN
NGN NGN HKD HKD 0.0175 NGN to HKD 57.201 HKD to NGN
NGN NGN ILS ILS 0.0077 NGN to ILS 130.6929 ILS to NGN
NGN NGN JOD JOD 0.0016 NGN to JOD 626.7328 JOD to NGN
NGN NGN KWD KWD 0.0007 NGN to KWD 1446.8349 KWD to NGN
NGN NGN LBP LBP 3.4189 NGN to LBP 0.2925 LBP to NGN
NGN NGN OMR OMR 0.0009 NGN to OMR 1154.6036 OMR to NGN
NGN NGN QAR QAR 0.0082 NGN to QAR 122.0929 QAR to NGN
NGN NGN SAR SAR 0.0085 NGN to SAR 118.2674 SAR to NGN
NGN NGN AED AED 0.0083 NGN to AED 121.0256 AED to NGN
NGN NGN YER YER 0.5629 NGN to YER 1.7765 YER to NGN
Updated: 2022-12-06
Convert from Convert to 1 NGN Conversion in currency Conversion
NGN NGN DZD DZD 0.3112 NGN to DZD 3.2136 DZD to NGN
NGN NGN KES KES 0.2775 NGN to KES 3.6042 KES to NGN
NGN NGN MUR MUR 0.0982 NGN to MUR 10.1818 MUR to NGN
NGN NGN MAD MAD 0.0238 NGN to MAD 41.9727 MAD to NGN
NGN NGN NAD NAD 0.0391 NGN to NAD 25.5703 NAD to NGN
NGN NGN NIO NIO 0.0826 NGN to NIO 12.1135 NIO to NGN
NGN NGN SLL SLL 41.4473 NGN to SLL 0.0241 SLL to NGN
NGN NGN ZAR ZAR 0.0392 NGN to ZAR 25.519 ZAR to NGN
NGN NGN TZS TZS 5.2459 NGN to TZS 0.1906 TZS to NGN
NGN NGN TND TND 0.0072 NGN to TND 139.1366 TND to NGN
NGN NGN UGX UGX 8.4111 NGN to UGX 0.1189 UGX to NGN
NGN NGN XOF XOF 1.4039 NGN to XOF 0.7123 XOF to NGN
NGN NGN ZMK ZMK 20.2484 NGN to ZMK 0.0494 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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