Convert Philippine Peso to Nigerian Naira
Please provide values below to convert Philippine Peso [PHP] to Nigerian Naira [NGN], or Convert Nigerian Naira to Philippine Peso.
How to Convert Philippine Peso to Nigerian Naira
1 PHP = 0.0372000993791806 NGN
Example: convert 15 PHP to NGN:
15 PHP = 15 × 0.0372000993791806 NGN = 0.55800149068771 NGN
Philippine Peso to Nigerian Naira Conversion Table
| Philippine Peso | Nigerian Naira |
|---|
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.
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.