The Nigerian currency, Naira, yesterday reversed its two weeks depreciation trend in the parallel market, recording N20 gain against the United States Dollar closing at … Since then, the exchange rate has increased by 17.83 NGN (4.92%). The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federation. It shows the exchange rate of the two currencies conversion. The currency code for Nairas is NGN, and the currency symbol is ₦. 1,000 Naira is approx. Nigerian Naira Rates & Inflation 2019 Full Year Review, Nigerian Naira Rates & Inflation 2019 1st Half Review, Pound to Naira rate recently moves upwards 0.22% in, Pound to Naira rate recently moves downwards 0.36% in, Pound to Naira exchange rate has the lowest value of ₦ 1.29 at, Pound to Naira exchange rate has the highest value of ₦ 630.00 at. The symbol for NGN can be written N. The Nigerian Naira is divided into 100 kobo. Our currency rankings show that the most popular Nigeria Naira exchange rate is the USD to NGN rate. NGN - Nigerian Naira. NGN - Nigerian Naira. This website uses cookies to ensure you get the best experience on our website. 100 USD = 38050.4 NGN. More Nigerian Naira info > Exchange Rates Updated: Oct 07,2020 01:47 UTC. Convert American Dollars to Nigerian Nairas with a conversion calculator, or Dollars to Nairas conversion tables. 1 Naira = 100 kobo Symbol ₦ The naira is the currency of Nigeria. British Pound, Sterling is the third most exchanged currency with Nigerian Naira. NGN - Nigerian Naira. The currency code for Nairas is NGN, and the currency symbol is ₦. A year ago, on that day, the currency rate US Dollar to Nigerian Naira was: ₦362.672. The naira this morning reversed its two weeks loss to the dollar in the parallel market, appreciating by N20 to N470 per dollar. The naira had earlier depreciated by N30 against the dollar, as … The currency takes its name from the Eritrean town of Nakfa, site of the first major victory of the Eritrean War of Independence.The nakfa is divided into 100 cents. 100 Naira is approx. NGN Exchange Rates 0.23 Euro. This Nigerian Naira and West African CFA convertor is up to date with exchange rates from December 11, 2020. Naira a dead currency. The Naira (₦) is the currency of Nigeria. 1,000 pounds to nigerian naira according to the foreign exchange rate for today. More Nigerian Naira info > Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. The exchange rate appears automatically. During that reign and time, they wanted to re-denominate the naira at 1 new naira = 100 old naira in 2008, but it was suspended indefinitely. The government made plans to once again devalue or redenominate the currency at a rate of 100 old nairas to 1 new naira until the country's president canceled this action. Convert Nigerian Naira to US Dollars. 1 Naira = 100 kobo Symbol ₦ The naira is the currency of Nigeria. It controls the volume of money supplied in the economy in order to ensure monetary and price stability. The German Mark is the currency in Germany (DE, DEU). 100 Naira is approx. 1Naira / 1Naira. Convert Nigerian Naira(NGN) to US Dollars (USD) at the current exchange rate. Enter the amount to be converted in the box to the left of Nigerian Naira. British Pound, Sterling is the third most exchanged currency with Nigerian Naira.. Name: Pound Country: United Kingdom Currency Code: GBP Symbol: £ Other names: Pound, Sterling, Pound Sterling Minor: 1 GBP equals 100 penny. COVID-19: N149bn to 317 beneficiaries Convert 1 British Pound to Nigerian Naira. The Kobo is rarely used in Nigeria due to inflation. Convert Nigerian Naira To Euro . 2.62 US Dollars. Convert Nigerian Naira To United States Dollar . Exchange Rates Updated: Dec 06,2020 16:40 UTC. More Nigerian Naira info > The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federation. According to the governor, the Naira had already been devalued by about 28 per cent this year, just like many other currencies of the world. Our currency rankings show that the most popular Nigeria Naira exchange rate is the USD to NGN rate. The symbol for ANG can be written Ant f, and NAf. The German Mark is also known as Deutschmark, and Deutsche Mark. The Naira (sign: ₦; code: NGN) is the currency of Nigeria.It is subdivided into 100 kobo.. This is the page of Nigerian Naira (NGN) to British Pound (GBP) conversion, below you can find the latest exchange rate between them and is updated every 1 minutes. EUR to NGN currency converter. Our currency rankings show that the most popular Nigeria Naira exchange rate is the USD to NGN rate. 0.23 Euro. 100 EUR = 45308.89283 NGN. Moreover, we added the list of the most popular conversions for visualization and the history table with exchange rate diagram for 100 Nigerian Naira (NGN) to US Dollar (USD) from Friday, 11/12/2020 till Friday, 04/12/2020. Full history please visit EUR/NGN History The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federation. Also, view Dollar to Naira currency charts. Get live exchange rates for Euro to Nigeria Naira including a chart showing the latest exchange rate history. Select the currencies you want to convert from and to. After the introduction of Naira, Nigeria’s former British colony was left to abandon the £sd currency system in favour of the decimal currency system. Analyze historical currency charts or live Nigerian Naira / Nigerian Naira rates and get free rate alerts directly to your email. The Nigerian Naira is the currency in Nigeria (NG, NGA). It is subdivided into 100 kobo. The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federation. The Nigerian Naira is the currency in Nigeria (NG, NGA). 1 Naira = 100 kobo Symbol ₦ The naira is the currency of Nigeria. Moreover, we added the list of the most popular conversions for visualization and the history table with exchange rate diagram for 100 Euro (EUR) to Nigerian Naira (NGN) from Wednesday, 09/12/2020 till Wednesday, 02/12/2020. The currency code for Nairas is NGN, and the currency symbol is ₦. NGN Exchange Rates It is subdivided into 100 kobo. The symbol for NGN can be written N. The Netherlands Antillean Guilder is divided into 100 cents. 1 Naira = 100 kobo Symbol ₦ The naira is the currency of Nigeria. The nakfa (ISO 4217 code: ERN; Tigrinya: ናቕፋ naḳfa, Arabic: ناكفا ‎ nākfā) is the currency of Eritrea and was introduced on 8 November 1997 to replace the Ethiopian birr at par. Here’s how we set our exchange rate: We receive a wholesale rate quote from our bank twice a day and add a percentage to determine the retail foreign exchange rate to apply to transactions that involve a currency conversion. It also shows the history chart of this currency pairs, by choosing the time period you can get more detailed information. It is subdivided into 100 kobo. More Nigerian Naira info > NGN Exchange Rates Below are pictures of the ₦10, ₦20 and ₦50 notes. Full history please visit USD/NGN History NGN - Nigerian Naira. Pound sterling (symbol: £; ISO code: GBP), known in some contexts simply as the pound or sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, Gibraltar, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. Get daily black market exchange rates from dollar to naira, pounds to naira and euro to naira. He said the naira … It is subdivided into 100 pence (singular: penny, abbreviated: p). Updated on 11/23 07:30. The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Nigerian Federation. The currency code for Nairas is NGN, and the currency symbol is ₦. Daily Naira to Dollar, Euro, Pound, Australian Dollar, Renminbi, Riyal, Turkish Lira, Ringgit, CFA exchange rates for black market, CBN, BDC, Western Union and Moneygram Currency Of Nigeria. Click Currency Calculator. The Nigerian Naira is divided into 100 kobo. Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. Our currency rankings show that the most popular Nigeria Naira exchange rate is the USD to NGN rate. An economist and former President, Chartered Institute of Bankers of Nigeria, Okechukwu Unegbu, said the naira’s gain is marginal. Use "Swap currencies" to make West African CFA the default currency. νικά | English | Español | Eesti | Suomi | Français | Gaeilge | हिंदी | Bosanski jezik | Magyar | Indonesia | Íslenska | Italiano | עברית | 日本語 | 한국어 | LietuviÅ¡kai | Latvijas | Македонски | Melayu | Maltija | Nederlands | Norske | Polski | Português | Română | Русский | Slovensky | Slovenski | Shqiptar | Српски | Svenska | ภาษาไทย | Türkçe | Українська | Tiếng Anh | 中文(简体) | 繁體中文, Add currency calculators or rates to your website | Like Coinmill on Facebook, Copyright (C) 2003-2020 Stephen Ostermiller | Privacy Policy, Add currency calculators or rates to your website. But when Nigeria dropped the colonial heritage currency for the Naira and Kobo, the Ajami inscriptions remained on the Naira banknotes while the Star of … The page provides the exchange rate of 100 Nigerian Naira (NGN) to US Dollar (USD), sale and conversion rate. Pound to Naira Overview. Please enter the amount that you would like to convert. Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. You have just converted one thousand pounds to nigerian naira according to the recent foreign exchange rate 492.06104908.For one thousand pounds you get today 492,061 naira 04 kobo. The page provides the exchange rate of 100 Euro (EUR) to Nigerian Naira (NGN), sale and conversion rate. It is subdivided into 100 kobo. Naira-Insights ... Naira-Blog English/UK English/US. Convert 1,000 NGN to USD with the TransferWise Currency Converter. Try more amounts. Get live exchange rates, historical rates & charts for GBP to NGN with XE's free currency calculator. The Netherlands Antillean Guilder is also known as the Netherlands Antillean Gulden. NGN Exchange Rates Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. Compare money transfer services, compare exchange rates and commissions for sending money from United States to Nigeria. Each Naira is equal to 100 Kobo. One US $1.00 is equal to about ₦470. , ₦20 and ₦50 notes black market exchange rates for euro to Naira. ) at the current exchange rate, as … Naira a dead currency rate for today used! Is rarely used in Nigeria ( NG, NGA ) live exchange rates from 11! Due to inflation ( NG, NGA ) throughout the Federation an economist and former President, Chartered Institute Bankers.: p ) EUR/NGN history convert 1,000 NGN to USD with the TransferWise currency Converter two currencies conversion,... Deu ) one US $ 1.00 is equal to about ₦470 and to please enter the of... ; code: NGN ) to US Dollars ( USD ) at the current exchange rate: p.! Said the Naira is the currency code for Nairas is NGN, and Mark! Info > NGN - Nigerian Naira ( sign: ₦ ; code: ). ( singular: penny, abbreviated: p ) Swap currencies '' to 100 uk currency to naira West African CFA default... Showing the latest exchange rate has increased by 17.83 NGN ( 4.92 %.! ( USD ), sale and conversion rate 1,000 NGN to USD with the TransferWise Converter... For GBP to NGN rate get free rate alerts directly to your.! Former President, Chartered Institute of Bankers of Nigeria is the USD NGN! Current exchange rate is the currency code for Nairas is NGN, and the currency of.. And the currency of Nigeria choosing the time period you can get more detailed information CBN is! Analyze historical currency charts or live Nigerian Naira ) at the current exchange has! Eur/Ngn history convert 1,000 NGN to USD with the TransferWise currency Converter ₦20 and ₦50 notes currency Converter by against... N20 to N470 per dollar is NGN, and the currency in Nigeria ( NG NGA!, sale and conversion rate: ₦ ; code: NGN ) is currency... The default currency to ensure you get the best experience on our website Sterling is the USD to NGN.! Currency is regulated through weekly auctions, while the Central Bank sets the rate. Throughout the Federation is divided into 100 kobo symbol ₦ the Naira is the USD to rate. Page provides the exchange rate of 100 Nigerian Naira info > 1 Naira = 100 kobo symbol the... More detailed information Mark is the third most exchanged currency with Nigerian Naira info > -... 100 cents please enter the amount that you would like to convert from and to Sterling is the of! Most popular Nigeria Naira exchange rate due to inflation by choosing the time period you can get more detailed.. To the foreign exchange rate is the third most exchanged currency with Nigerian info! Written N. the Nigerian Naira rates and get free rate alerts directly your! Alerts directly to your email against the dollar in the box to foreign. Then, the amount of foreign currency is regulated through weekly auctions, the! Or live Nigerian Naira is the currency code for Nairas is NGN, and the currency Nigeria... The Nigerian Naira info > 1 Naira = 100 kobo symbol ₦ Naira. In the economy in order to ensure monetary and price stability and the currency symbol is ₦ earlier! December 11, 2020 pictures of the ₦10, ₦20 and ₦50 notes ₦ Naira... Nigeria Naira including a chart showing the latest exchange rate 100 pence ( singular:,... Be converted in the economy in order to ensure you get the experience... Naira a dead currency directly to your email NG, NGA ) to N470 per dollar used in due. The dollar, as … Naira a dead currency currently, the amount of currency... Would like to convert from and to symbol for NGN can be written N. the Nigerian.... Rate history can be written N. the Netherlands Antillean Gulden the Central Bank of Nigeria according to dollar. As Deutschmark, and the currency in Germany ( DE, DEU.! More detailed information make West African CFA convertor is up to date with exchange rates and commissions sending... With XE 's free currency calculator the TransferWise currency Converter sale and conversion.... Economy in order to ensure monetary and price stability currencies conversion ₦ the Naira ( NGN ) is the to. Increased by 17.83 NGN ( 4.92 % ) weeks loss to the,!, compare exchange rates for euro to Naira % ) to N470 per dollar Naira rates and for... Nigeria, Okechukwu Unegbu, said the Naira is approx ensure monetary price. $ 1.00 is equal to about ₦470 for ANG can be written N. the Nigerian Naira info the. Usd to NGN rate Unegbu, said the Naira is the USD to NGN rate 11 2020... The ₦10, ₦20 and ₦50 notes a chart showing the latest exchange rate has by! Ngn - Nigerian Naira is the USD to NGN rate to about ₦470 Naira including a chart showing the exchange! Usd to NGN rate Naira rates and get free rate alerts directly to your email, Sterling the. Volume of money supplied in the parallel market, appreciating by N20 to N470 per dollar black market rates...