Convert Salvadoran Colón to Nigerian Naira
Please provide values below to convert Salvadoran Colón [SVC] to Nigerian Naira [NGN], or Convert Nigerian Naira to Salvadoran Colón.
How to Convert Salvadoran Colón to Nigerian Naira
1 SVC = 0.00570937377854318 NGN
Example: convert 15 SVC to NGN:
15 SVC = 15 × 0.00570937377854318 NGN = 0.0856406066781477 NGN
Salvadoran Colón to Nigerian Naira Conversion Table
| Salvadoran Colón | Nigerian Naira |
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Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.
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.