Convert Nigerian Naira to Argentine Peso
Please provide values below to convert Nigerian Naira [NGN] to Argentine Peso [ARS], or Convert Argentine Peso to Nigerian Naira.
How to Convert Nigerian Naira to Argentine Peso
1 NGN = 1.20892368323369 ARS
Example: convert 15 NGN to ARS:
15 NGN = 15 × 1.20892368323369 ARS = 18.1338552485053 ARS
Nigerian Naira to Argentine Peso Conversion Table
| Nigerian Naira | Argentine Peso |
|---|
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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.