Convert Nigerian Naira to Uruguayan Peso
Please provide values below to convert Nigerian Naira [NGN] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to Nigerian Naira.
How to Convert Nigerian Naira to Uruguayan Peso
1 NGN = 37.982796483366 UYU
Example: convert 15 NGN to UYU:
15 NGN = 15 × 37.982796483366 UYU = 569.741947250489 UYU
Nigerian Naira to Uruguayan Peso Conversion Table
| Nigerian Naira | Uruguayan Peso |
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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.
Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.