Convert Nigerian Naira to Iranian Rial
Please provide values below to convert Nigerian Naira [NGN] to Iranian Rial [IRR], or Convert Iranian Rial to Nigerian Naira.
How to Convert Nigerian Naira to Iranian Rial
1 NGN = 0.0360694261925516 IRR
Example: convert 15 NGN to IRR:
15 NGN = 15 × 0.0360694261925516 IRR = 0.541041392888274 IRR
Nigerian Naira to Iranian Rial Conversion Table
| Nigerian Naira | Iranian Rial |
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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.
Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.