Convert Nigerian Naira to Sri Lankan Rupee
Convert Nigerian Naira (NGN) to Sri Lankan Rupee (LKR) using daily updated exchange rates.
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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 Sri Lankan Rupee
The Sri Lankan Rupee (LKR) has been the official currency of Sri Lanka since 1872, with the Central Bank of Sri Lanka (CBSL) managing monetary policy since 1950. Sri Lanka experienced a severe economic crisis in 2022, running out of foreign exchange reserves, causing widespread fuel, medicine, and food shortages that led to political upheaval and the resignation of the president. An IMF bailout agreement in 2023 helped stabilise the situation. Sri Lanka's economy is based on tourism, garment exports, tea (a world-leading exporter), and remittances.
Quick Reference Table
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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).