NGN - Nigerian Naira currency

Nigeria flag Nigeria

The Nigerian Naira (NGN) is the official currency of Nigeria, managed by the Central Bank of Nigeria (CBN). It was introduced in 1973, replacing the Nigerian pound as part of Nigeria’s shift to a decimal monetary system. The Naira is crucial to Africa’s largest economy, which is driven by oil exports, agriculture, technology, and services. Despite inflation and currency fluctuations, the Naira remains one of Africa’s most widely traded currencies.

NGN - Nigerian Naira profile

Symbol
ISO 4217 Code NGN
Central Bank Central Bank of Nigeria
Nicknames Naira
Countries using this currency Nigeria

NGN - Nigerian Naira
live currency rates

Last updated:
Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.

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