Convert Nigerian Naira to Brazilian Real
Please provide values below to convert Nigerian Naira [NGN] to Brazilian Real [BRL], or Convert Brazilian Real to Nigerian Naira.
How to Convert Nigerian Naira to Brazilian Real
1 NGN = 274.960104185378 BRL
Example: convert 15 NGN to BRL:
15 NGN = 15 × 274.960104185378 BRL = 4124.40156278067 BRL
Nigerian Naira to Brazilian Real 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.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.