For translation Nigerian Naira in Icelandic Króna enter the desired amount in the left side converter. Swap currencies for reverse transfer. Nigerian Naira in Icelandic Króna can transfer using the Gidfinance-us.com currency converter. Data on our website updated every day – current rate Nigerian Naira to Icelandic Króna downloaded from official sources.
Information updates: 06.06.24 14:00
To calculate the cost of foreign currency conversion, we use market exchange rates 152 currencies of the world.
Country of application:
Nigeria
Currency
NGN
Code
566
Symbol
₦
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.
Country of application:
Iceland
Currency
ISK
Code
352
Symbol
Kr
Coin denominations in circulation:
1, 5, 10, 50, 100 CZK.
Denominations of banknotes in circulation:
500, 1000, 2000, 5000, 10,000 kroons.
History reference:
The Icelandic krone is the currency of Iceland. Introduced in 1885. Icelandic ATMs are located in all banks in Iceland, large supermarkets, major hotels and hotels, and on most central streets in Ice...land. In all of them, the rate of the Icelandic currency is the same. Icelandic ATMs work with all types of credit transactions. In 1961, the Central Bank of Iceland was established, which, starting in 1963, began issuing banknotes, gradually replacing the National Banks banknotes in circulation. In 1981, a monetary reform was carried out in the country: old kroons were exchanged for new ones from January 1 to June 30 at a ratio of 100:1. Currently, the Icelandic government states the need to abandon the national currency and switch to the currency of another, economically stronger country. Prior to joining the European Union and the introduction of the euro, options for the Canadian or Australian dollar are being considered.
The Nigerian Naira to Icelandic Króna online calculator is easy to use. It is enough to enter the required number of monetary units for the data to be calculated automatically.
Online currency converter is a tool that will allow you to calculate the ratio of Nigerian Naira to Icelandic Króna for today. The exchange rate of Nigerian Naira to Icelandic Króna today, 06.06.24, today 0.1784 NGN to ISK.
Over the past 7 days, the rate of Nigerian Naira to Icelandic Króna has changed by 774.436%, from to 774.436 NGN to ISK.
Over the past 30 days, the Nigerian Naira to Icelandic Króna rate has changed by 2.7%, from 753.86 to 774.436 NGN to ISK.
Over the past 365 days, the Nigerian Naira to Icelandic Króna rate has changed by 86.8%, from 414.68 to 774.436 NGN to ISK.