Convert Nigerian Naira to Iraqi Dinar

Convert Nigerian Naira (NGN) to Iraqi Dinar (IQD) using daily updated exchange rates.

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Nigerian Naira (NGN)
Iraqi Dinar (IQD)

Exchange Rate

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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.

About Iraqi Dinar

The Iraqi Dinar (IQD) is the official currency of Iraq, one of the world's largest oil producers with reserves comparable to Saudi Arabia's. The dinar was introduced in 1932, replacing the Indian rupee. The Central Bank of Iraq manages monetary policy with a quasi-peg to the US Dollar. The dinar underwent a reissue in 2003 following the fall of Saddam Hussein's government, replacing both the "Swiss" dinar used in Kurdistan and the Saddam-era dinar at various exchange rates.

Quick Reference Table

Nigerian Naira (NGN)Iraqi Dinar (IQD)
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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).

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