Convert Egyptian Pound to Nigerian Naira
Convert Egyptian Pound (EGP) to Nigerian Naira (NGN) using daily updated exchange rates.
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Exchange Rate
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About Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt and one of the oldest currency systems in the world, with versions of the pound used since Egypt adopted a monetary system in the 19th century. The Central Bank of Egypt manages monetary policy. Egypt is the most populous Arab country and the third most populous in Africa, with an economy driven by tourism, Suez Canal revenues, remittances, oil exports, and agriculture. The pound underwent significant devaluations in 2016 and 2023 as Egypt moved to a more flexible exchange rate policy under IMF-backed economic reform programmes.
About Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, Africa's most populous country and largest economy by GDP. Introduced in 1973 to replace the Nigerian pound, the naira has experienced severe long-term depreciation relative to major currencies. The Central Bank of Nigeria (CBN) manages monetary policy. Nigeria is a major oil producer - crude oil and natural gas account for the vast majority of government revenues and export earnings. The economy has faced structural challenges including dependence on oil, inflation, currency shortages, and foreign exchange controls.
Quick Reference Table
| Egyptian Pound (EGP) | Nigerian Naira (NGN) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).