Convert Nigerian Naira to Ethiopian Birr
Please provide values below to convert Nigerian Naira [NGN] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Nigerian Naira.
How to Convert Nigerian Naira to Ethiopian Birr
1 NGN = 11.2026805291678 ETB
Example: convert 15 NGN to ETB:
15 NGN = 15 × 11.2026805291678 ETB = 168.040207937516 ETB
Nigerian Naira to Ethiopian Birr Conversion Table
| Nigerian Naira | Ethiopian Birr |
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.