Nigerian Naira Wiki
The naira (sign: ₦; code: NGN; Yoruba: náírà, Tyap: nera) is the currency of Nigeria. One naira is divided into 100 kobo.The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Federal Republic of Nigeria. It controls the volume of money supplied in the economy in order to ensure monetary and price stability. The Currency Operations Department of the CBN is in charge of currency management, through the designs, procurement, distribution and supply, processing, reissue and disposal or disintegration of bank notes and coins.A major cash crunch occurred in February 2023 when the Nigerian government used a currency note changeover—delivering too few of the new notes into circulation—to attempt to force citizens to use a newly-created government-sponsored central bank digital currency. This led to extensive street protests. With currencyconverts.com you can convert Nigerian Naira (₦) to any other foreign currency. To convert a certain amount of Nigerian Naira use currency converter. This page provides a free online information about currency conversion or exchange rates for world fiat currencies. Exchange rates for Nigerian Naira is calculated from mid-market real price and updates daily. Usually people search for NGN exchange rate before business travel to Nigeria or during trip to other countries and want to check rate of Nigerian Naira in local money. On this page you can convert Nigerian Naira to main foreign currencies, get fast access to most used amounts of NGN or aether calculate any amount of Nigerian Naira in other fiat money.
The Nigerian Naira is the official currency of Nigeria. The currency code for Nigerian Naira is NGN and the currency symbol is ₦.
The Nigerian Naira dollar (sign: ₦; code: NGN) is the currency of Nigerian Naira.
The Nigerian Naira (NGN) is used as the official currency in Nigeria.
The capital of Nigeria, Abuja, uses Nigerian Naira as its currency.