Convert Nigerian Naira to New Zealand Dollar
Please provide values below to convert Nigerian Naira [NGN] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Nigerian Naira.
How to Convert Nigerian Naira to New Zealand Dollar
1 NGN = 917.137747153984 NZD
Example: convert 15 NGN to NZD:
15 NGN = 15 × 917.137747153984 NZD = 13757.0662073098 NZD
Nigerian Naira to New Zealand Dollar Conversion Table
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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.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.