Nigerian Naira (NGN) TradingHours.com
The Nigerian Naira is the primary currency of Nigeria. This currency is used by an estimated 195,874,740 people. Based on our estimate, Nigerian Naira is the #8 most popular currency is the world.
The currency code for the Nigerian Naira is "NGN". The ISO 4217 number for this currency is 566. The currency symbol for the Naira is "₦".
Nigerian Naira conversion rates, useful facts, and holiday schedule can be found below.
NGN Currency Demographics
The primary country using the Nigerian Naira is Nigeria.
There are approximately 195,874,740 people around the world who use the Nigerian Naira. The Nigerian Naira is the #8 most used widely currency is the world.
195,874,740 user populationRanked #8 in the world
NGN Exchange Rates
1 Nigerian Naira equals:
† Rates last updated at 41 minutes ago
‡ Rates are the interbank rate and are only available on large transactions
NGN Currency Facts
|ISO 4217 Code||NGN|
|ISO 4217 Number||566|
|Minor Unit Name||N.a.|
|Minor Unit Symbol||N.a.|
|Frequently Used banknotes||₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000|
|Rarely Used Banknotes||N.a.|
|Frequently Used Coins||₦1, ₦2, 50|
|Rarely Used Coins||N.a.|
|Central Bank||Central Bank of Nigeria|
|Central Bank Website||http://www.cenbank.org|
World Bank Statistics
|Estimated User Population||195,874,740 people|
|NGN Inflation Rate||12.095%|
† Population and Inflation rate as based on data from the World Bank.
‡ Corrections or suggestions? Please contact us.
2020 NGN Currency Holidays
Based on holidays observed by the Central Bank of Nigeria. On these dates banks and payment systems may be closed. Settlement in Nigerian Naira may also be closed on these dates.
|New Year's Day||January 1, 2020||Closed|
|Good Friday||April 10, 2020||Closed|
|Easter Monday||April 13, 2020||Closed|
|Labour Day||May 1, 2020||Closed|
|Id-el-Fitri||May 24, 2020||Closed|
|Id-el-Fitri||May 25, 2020||Closed|
|Democracy Day||June 12, 2020||Closed|
|Id-el-Kabir||July 31, 2020||Closed|
|Id-el-Kabir||August 1, 2020||Closed|
|National Day||October 1, 2020||Closed|
|Id-el-Maulud||October 29, 2020||Closed|
|Christmas Day||December 25, 2020||Closed|
|Boxing Day||December 26, 2020||Closed|