Convert Nigerian Naira to Indonesian Rupiah
Please provide values below to convert Nigerian Naira [NGN] to Indonesian Rupiah [IDR], or Convert Indonesian Rupiah to Nigerian Naira.
How to Convert Nigerian Naira to Indonesian Rupiah
1 NGN = 0.0939777014857351 IDR
Example: convert 15 NGN to IDR:
15 NGN = 15 × 0.0939777014857351 IDR = 1.40966552228603 IDR
Nigerian Naira to Indonesian Rupiah Conversion Table
Nigerian Naira | Indonesian Rupiah |
---|
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.
Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.