Convert Indian Rupee to Nigerian Naira
Please provide values below to convert Indian Rupee [INR] to Nigerian Naira [NGN], or Convert Nigerian Naira to Indian Rupee.
How to Convert Indian Rupee to Nigerian Naira
1 INR = 0.0564363600539334 NGN
Example: convert 15 INR to NGN:
15 INR = 15 × 0.0564363600539334 NGN = 0.846545400809001 NGN
Indian Rupee to Nigerian Naira Conversion Table
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Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.
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.