Nigerian Naira in Haitian Gourde

NGN Nigerian Naira

Country of application:
Nigeria

Coin denominations in circulation:
50 kobo, 1, 2.

Denominations of banknotes in circulation:
5, 10, 20, 50, 100, 200, 500, 1000 naira.

History reference:
The Nigerian Naira is the currency of Nigeria, the name of the currency comes from the name of the state and the river. The naira was put into circulation on January 1, 1973 instead of the Nigerian p...ound, 1 pound = 2 naira. Thus, Nigeria became the last African state to abandon the duodecimal monetary system. Rampant inflation has occurred in Nigeria. The Central Bank of Nigeria said they were trying to keep the annual inflation rate below 10%. In 2011, CBN increased its key interest rate 6 times from 6.25% to 12%. On January 31, 2012, CBN decided to keep its key interest rate at 12% to reduce the impact of inflation due to cuts in fuel subsidies. On October 25, 2021, eNaira, an electronic analogue of the national currency, was launched in Nigeria. eNaira is not a cryptocurrency, all transactions are controlled by financial government agencies.

HTG Haitian Gourde

Country of application:
Haiti

Coin denominations in circulation:
5, 10, 20, 50 centimes, 1, 5 gourdes.

Denominations of banknotes in circulation:
10, 25, 50, 100, 250, 500, 1000 gourdes.

History reference:
The Haitian gourde is the currency of Haiti. Its ISO 4217 code is HTG and is divided into 100 centimes (French) or centimes (Creole). The word gourde is French. cognate to the Spanish term "gordo", f...rom "pesos gordos" (also known in English as "hard eights" and in French as "piastres fortes espagnoles") in which colonial-era contracts were made in the Spanish sphere of influence often referred to as Haiti (officially - the Republic of Haiti) - a state located in the western part of the island of Hispaniola (Haiti). In the east, it has a common land border with the Dominican Republic (Diminican Republic). In addition, it has common borders on the division of maritime economic zones with Cuba in the west in the Windward Strait, the Bahamas in the north and Jamaica in the southwest in the San Geno and Jamaica straits. The name of the state comes from the language of the Taino Indians, from which the word "Haiti" is translated as "Mountain Country".