Convert Nigerian Naira to Philippine Peso
Please provide values below to convert Nigerian Naira [NGN] to Philippine Peso [PHP], or Convert Philippine Peso to Nigerian Naira.
How to Convert Nigerian Naira to Philippine Peso
1 NGN = 26.8816486162308 PHP
Example: convert 15 NGN to PHP:
15 NGN = 15 × 26.8816486162308 PHP = 403.224729243462 PHP
Nigerian Naira to Philippine Peso Conversion Table
| Nigerian Naira | Philippine 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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.