Convert Japanese Yen to Nigerian Naira
Please provide values below to convert Japanese Yen [JPY] to Nigerian Naira [NGN], or Convert Nigerian Naira to Japanese Yen.
How to Convert Japanese Yen to Nigerian Naira
1 JPY = 0.0959240359445324 NGN
Example: convert 15 JPY to NGN:
15 JPY = 15 × 0.0959240359445324 NGN = 1.43886053916799 NGN
Japanese Yen to Nigerian Naira Conversion Table
| Japanese Yen | Nigerian Naira |
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Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.
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.