Convert Nigerian Naira to Armenian Dram
Please provide values below to convert Nigerian Naira [NGN] to Armenian Dram [AMD], or Convert Armenian Dram to Nigerian Naira.
How to Convert Nigerian Naira to Armenian Dram
1 NGN = 3.98565536527511 AMD
Example: convert 15 NGN to AMD:
15 NGN = 15 × 3.98565536527511 AMD = 59.7848304791266 AMD
Nigerian Naira to Armenian Dram Conversion Table
| Nigerian Naira | Armenian Dram |
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Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.