Convert Nigerian Naira to New Taiwan Dollar
Please provide values below to convert Nigerian Naira [NGN] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Nigerian Naira.
How to Convert Nigerian Naira to New Taiwan Dollar
1 NGN = 52.126780180487 TWD
Example: convert 15 NGN to TWD:
15 NGN = 15 × 52.126780180487 TWD = 781.901702707305 TWD
Nigerian Naira to New Taiwan Dollar Conversion Table
| Nigerian Naira | New Taiwan 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.
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.