Convert Indonesian Rupiah to Nigerian Naira
Convert Indonesian Rupiah (IDR) to Nigerian Naira (NGN) using daily updated exchange rates.
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Exchange Rate
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About Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, the world's fourth most populous country and largest archipelago nation. The word "rupiah" derives from the Sanskrit "rupyakam" (silver). First issued in 1946, the rupiah replaced the Dutch colonial guilder. Bank Indonesia manages monetary policy. Indonesia is a member of the G20 and has one of Southeast Asia's largest economies, driven by natural resource exports (coal, palm oil, rubber, metals) and a growing domestic consumer market.
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
| Indonesian Rupiah (IDR) | 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).