Convert Nigerian Naira to Bahamian Dollar
Please provide values below to convert Nigerian Naira [NGN] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Nigerian Naira.
How to Convert Nigerian Naira to Bahamian Dollar
1 NGN = 1530.7029 BSD
Example: convert 15 NGN to BSD:
15 NGN = 15 × 1530.7029 BSD = 22960.5435 BSD
Nigerian Naira to Bahamian Dollar Conversion Table
| Nigerian Naira | Bahamian Dollar |
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.