1 NGN to BEF Belgian Franc

December 19, 2022 by pkr_to_usd_786

1 NGN to BEF Belgian Franc
Nigeria Naira , The naira (sign: ; code: NGN; Yoruba: nr, Tyap: nera) is the currency of Nigeria. One naira is divided into 100 kobo. The Central Bank of Ni … >>> Find out more from wikipedia. category >>> NGN

1 NGN to BEF Belgian Franc

1 Nigerian Naira ( NGN ) = 0.04585579444612 Belgian Franc (BEF)

1 NGN = 0.04585579444612 BEF

1 BEF = 21.807494823255 NGN

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1 Nigerian Naira ( NGN ) Is equal to 0.04585579444612 Belgian Franc (BEF)
Nigeria Naira
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Nigerian Naira

Nigeria Naira , The naira (sign: ₦; code: NGN; Yoruba: náírá, Tyap: nera) is the currency of Nigeria. One naira is divided into 100 kobo. The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Federal Republic of Nigeria. It controls the volume of money supplied in the economy in order to ensure monetary and price stability. The Currency Operations Department of the CBN is in charge of currency management, through the designs, procurement, distribution and supply, processing, reissue and disposal or disintegration of bank notes and coins. The naira was introduced on 1 January 1973, replacing the Nigerian pound at a rate of £1 = ₦2 naira. The coins of the new currency were the first coins issued by an independent Nigeria, as all circulating coins of the Nigerian pound were all struck by the colonial government of the Federation of Nigeria in 1959, with the name of Queen Elizabeth II on the obverse. This also made Nigeria the last country in the world to abandon the £sd currency system in favour of a decimal currency system. There was a government plan to redenominate the naira at 100:1 in 2008, but the plan was suspended. The currency sign is U+20A6 ₦ NAIRA SIGN. The name "Naira" was coined from the word "Nigeria" by Obafemi Awolowo. However, Naira as a currency was launched by Shehu Shagari as minister of finance in 1973. The Central Bank of Nigeria claimed that they attempted to control the annual inflation rate below 10%. In 2011, the CBN increased key interest rate six times, rising from 6.25% to 12%. On 31 January 2012, the CBN decided to maintain the key interest rate at 12%, in order to reduce the impact of inflation due to reduction in fuel subsidies. As of 20 June 2016, the naira was allowed to float, after being pegged at ₦197 to US$1 for several months. Trades speculated the natural range of the naira would be between ₦280 and ₦350 to the dollar. In October 2021, the eNaira, the digital version of the state currency, is officially launched in Nigeria. Find out more from wikipedia

Belgian Franc

The Belgian franc (Dutch: Belgische frank, French: Franc belge, German: Belgischer Franken) was the currency of the Kingdom of Belgium from 1832 until 2002 when the Euro was introduced. It was subdivided into 100 subunits, known as centiem (Dutch), centimes (French) or Centime (German). The conquest of most of western Europe by revolutionary and Napoleonic France led to the French franc's wide circulation. In the Austrian Netherlands (the current Belgium), the franc replaced the kronenthaler. This was in turn replaced by the Dutch guilder when the United Kingdom of the Netherlands was formed. Following independence from the Kingdom of the Netherlands, the new Kingdom of Belgium in 1832 adopted its own franc, equivalent to the French franc, followed by Luxembourg in 1848 and Switzerland in 1850. Belgian mint working during the late 19th century was innovative and Belgium was the first country to introduce coins made of cupronickel, in 1860 . In 1865, Belgium, France, Switzerland and Italy created the Latin Monetary Union (to be joined by Greece in 1868): each would possess a national currency unit (franc, lira, drachma) worth 4.5 g of silver or 290.322 mg of fine gold, all freely exchangeable at a rate of 1:1. In the 1870s the gold value was made the fixed standard, a situation which was to continue until 1914. In 1926, Belgium, as well as France, experienced depreciation and an abrupt collapse of confidence, leading to the introduction of a new gold currency for international transactions, the Belga worth 5 francs, and the country's withdrawal from the monetary union, which ceased to exist at the end of the year. The Belga was tied to the British pound at a rate of 35 belgas (175 francs) = 1 pound and was thus put on a gold standard of 1 Belga = 209.211 mg fine gold. The 1921 monetary union of Belgium and Luxembourg survived, however, forming the basis for full economic union in 1932. In 1935, the Belgian franc was devalued by 28% to 150.632 mg fine gold and the link between the Luxembourg and Belgian francs was revised to 1 Luxembourgish franc = 1+1⁄4 Belgian francs. Following Belgium's occupation by Germany in May 1940, the franc was fixed at a value of 0.1 Reichsmark, reduced to 0.08 Reichsmark in July 1940. Following liberation in 1944, the franc entered into the Bretton Woods system, with an initial exchange rate of 43.77 francs = US dollar set on 5 October. This was changed to 43.8275 in 1946 and then to 50 following the devaluation of the British pound in September 1949. The Belgian franc was devaluated again in 1982. Like 10 other European currencies, the Belgian/Luxembourgish franc ceased to exist on 1 January 1999, when it became fixed at 1 EUR= 40.3399 BEF/LUF, thus a franc was worth €0.024789. Old franc coins and notes lost their legal tender status on 28 February 2002. Between 1832 and 1834, copper 1, 2, 5 and 10 centime, silver 1⁄4, 1⁄2, 1, 2 and 5 franc, and gold 20 and 40 franc coins were introduced. Some of the early 1 and 2 centimes were struck over Dutch 1⁄2 and 1 cent coins. The 40 franc was not issued after 1841, whilst silver 2+1⁄2 francs and gold 10 and 25 francs were issued between 1848 and 1850. Silver 20 centimes replaced the 1⁄4 franc in 1852. In 1860, cupro-nickel 20 centimes were introduced, followed by cupro-nickel 5 and 10 centimes in 1861. The silver 5 franc was discontinued in 1876. Between 1901 and 1908, holed, cupro-nickel 5, 10 and 25 centime coins were introduced.[citation needed] In 1914, production of the 1 centime and all silver and gold coins ceased. Zinc 5, 10 and 25 centimes were introduced in the German occupied zone, followed by holed, zinc 50 centimes in 1918. Production of 2 centimes ended in 1919. In 1922 and 1923, nickel 50 centime and 1 and 2 franc coins were introduced bearing the text "Good For" ("Bon pour" in French, "Goed Voor" in Dutch). These featured the god Mercury. Nickel-brass replaced cupro-nickel in the 5 and 10 centimes in 1930, followed by the 25 centime in 1938. Nickel 5 and 20 francs were introduced in 1930 and 1931, respectively, followed by silver 20 francs in 1933 and 50 francs in 1939. In 1938 the 5 franc was reduced in size and redesigned along with the 1 franc to depict a lion and heraldic arms. As a consequence of the German occupation in 1940, the silver coinage was discontinued. In 1941, zinc replaced all other metals in the 5, 10 and 25 centimes, and 1 and 5 francs. In 1944 the Allies minted 25 million 2 franc coins at the Philadelphia Mint using leftover planchets for the 1943 steel cent. In 1948, cupro-nickel 5 francs and silver 50 and 100 francs were produced, followed by silver 20 francs in 1949 and cupro-nickel 1 franc in 1950. These coins depicted classical allegoric figures. Bronze 20 and 50 centimes featuring a miner and lantern were minted in 1952. Despite the widely varied dates these coins were issued into circulation only a few years apart as part of a broader currency reform. The silver coinage ceased production after 1955. Cupro-nickel 25 centime coins replaced the 20 centime in 1964. The 25 centime coins were later discontinued in 1975. Nickel 10 francs depicting King Baudouin were introduced in 1969 (only struck until 1979), followed by nickel-bronze 20 francs in 1980 and nickel 50 francs in 1987, all of which - bar the 10 Franc coin - replaced the corresponding banknotes. Aluminium-bronze replaced cupro-nickel in the 5 franc in 1986, whilst nickel-plated iron replaced cupro-nickel in the 1 franc in 1988, which was also significantly reduced in size. These changes coincided with a gradual modernization of the general coinage while older issues were gradually pulled from circulation, similar to what took place during the early postwar years. The new designs were also more identifiable to vending machines and the visually impaired. 1994 saw a redesign of all denominations but the 50 centimes, with a uniform design featuring King Albert II replacing the image of Baudouin. This series ceased production after 2000.
Find out more from wikipedia

Convertion Chart NGN to BEF
NGN		BEF


5 NGN	=	0.2293 BEF
10 NGN	=	0.4586 BEF
15 NGN	=	0.6878 BEF
20 NGN	=	0.9171 BEF
25 NGN	=	1.1464 BEF
30 NGN	=	1.3757 BEF
35 NGN	=	1.605 BEF
40 NGN	=	1.8342 BEF
45 NGN	=	2.0635 BEF
50 NGN	=	2.2928 BEF
55 NGN	=	2.5221 BEF
60 NGN	=	2.7513 BEF
65 NGN	=	2.9806 BEF
70 NGN	=	3.2099 BEF
75 NGN	=	3.4392 BEF
80 NGN	=	3.6685 BEF
85 NGN	=	3.8977 BEF
90 NGN	=	4.127 BEF
95 NGN	=	4.3563 BEF
100 NGN	=	4.5856 BEF
105 NGN	=	4.8149 BEF
110 NGN	=	5.0441 BEF
115 NGN	=	5.2734 BEF
120 NGN	=	5.5027 BEF
125 NGN	=	5.732 BEF
130 NGN	=	5.9613 BEF
135 NGN	=	6.1905 BEF
140 NGN	=	6.4198 BEF
145 NGN	=	6.6491 BEF
150 NGN	=	6.8784 BEF
155 NGN	=	7.1076 BEF
160 NGN	=	7.3369 BEF
165 NGN	=	7.5662 BEF
170 NGN	=	7.7955 BEF
175 NGN	=	8.0248 BEF
180 NGN	=	8.254 BEF
185 NGN	=	8.4833 BEF
190 NGN	=	8.7126 BEF
195 NGN	=	8.9419 BEF
200 NGN	=	9.1712 BEF
205 NGN	=	9.4004 BEF
210 NGN	=	9.6297 BEF
215 NGN	=	9.859 BEF
220 NGN	=	10.0883 BEF
225 NGN	=	10.3176 BEF
230 NGN	=	10.5468 BEF
235 NGN	=	10.7761 BEF
240 NGN	=	11.0054 BEF
245 NGN	=	11.2347 BEF
250 NGN	=	11.4639 BEF
255 NGN	=	11.6932 BEF
260 NGN	=	11.9225 BEF
265 NGN	=	12.1518 BEF
270 NGN	=	12.3811 BEF
275 NGN	=	12.6103 BEF
280 NGN	=	12.8396 BEF
285 NGN	=	13.0689 BEF
290 NGN	=	13.2982 BEF
295 NGN	=	13.5275 BEF
300 NGN	=	13.7567 BEF
305 NGN	=	13.986 BEF
310 NGN	=	14.2153 BEF
315 NGN	=	14.4446 BEF
320 NGN	=	14.6739 BEF
325 NGN	=	14.9031 BEF
330 NGN	=	15.1324 BEF
335 NGN	=	15.3617 BEF
340 NGN	=	15.591 BEF
345 NGN	=	15.8202 BEF
350 NGN	=	16.0495 BEF
355 NGN	=	16.2788 BEF
360 NGN	=	16.5081 BEF
365 NGN	=	16.7374 BEF
370 NGN	=	16.9666 BEF
375 NGN	=	17.1959 BEF
380 NGN	=	17.4252 BEF
385 NGN	=	17.6545 BEF
390 NGN	=	17.8838 BEF
395 NGN	=	18.113 BEF
400 NGN	=	18.3423 BEF
405 NGN	=	18.5716 BEF
410 NGN	=	18.8009 BEF
415 NGN	=	19.0302 BEF
420 NGN	=	19.2594 BEF
425 NGN	=	19.4887 BEF
430 NGN	=	19.718 BEF
435 NGN	=	19.9473 BEF
440 NGN	=	20.1765 BEF
445 NGN	=	20.4058 BEF
450 NGN	=	20.6351 BEF
455 NGN	=	20.8644 BEF
460 NGN	=	21.0937 BEF
465 NGN	=	21.3229 BEF
470 NGN	=	21.5522 BEF
475 NGN	=	21.7815 BEF
480 NGN	=	22.0108 BEF
485 NGN	=	22.2401 BEF
490 NGN	=	22.4693 BEF
495 NGN	=	22.6986 BEF
500 NGN	=	22.9279 BEF

Convertion Chart BEF to NGN
Belgian Franc		NGN


5 BEF	=	109.0375 NGN
10 BEF	=	218.0749 NGN
15 BEF	=	327.1124 NGN
20 BEF	=	436.1499 NGN
25 BEF	=	545.1874 NGN
30 BEF	=	654.2248 NGN
35 BEF	=	763.2623 NGN
40 BEF	=	872.2998 NGN
45 BEF	=	981.3373 NGN
50 BEF	=	1090.3747 NGN
55 BEF	=	1199.4122 NGN
60 BEF	=	1308.4497 NGN
65 BEF	=	1417.4872 NGN
70 BEF	=	1526.5246 NGN
75 BEF	=	1635.5621 NGN
80 BEF	=	1744.5996 NGN
85 BEF	=	1853.6371 NGN
90 BEF	=	1962.6745 NGN
95 BEF	=	2071.712 NGN
100 BEF	=	2180.7495 NGN
105 BEF	=	2289.787 NGN
110 BEF	=	2398.8244 NGN
115 BEF	=	2507.8619 NGN
120 BEF	=	2616.8994 NGN
125 BEF	=	2725.9369 NGN
130 BEF	=	2834.9743 NGN
135 BEF	=	2944.0118 NGN
140 BEF	=	3053.0493 NGN
145 BEF	=	3162.0867 NGN
150 BEF	=	3271.1242 NGN
155 BEF	=	3380.1617 NGN
160 BEF	=	3489.1992 NGN
165 BEF	=	3598.2366 NGN
170 BEF	=	3707.2741 NGN
175 BEF	=	3816.3116 NGN
180 BEF	=	3925.3491 NGN
185 BEF	=	4034.3865 NGN
190 BEF	=	4143.424 NGN
195 BEF	=	4252.4615 NGN
200 BEF	=	4361.499 NGN
205 BEF	=	4470.5364 NGN
210 BEF	=	4579.5739 NGN
215 BEF	=	4688.6114 NGN
220 BEF	=	4797.6489 NGN
225 BEF	=	4906.6863 NGN
230 BEF	=	5015.7238 NGN
235 BEF	=	5124.7613 NGN
240 BEF	=	5233.7988 NGN
245 BEF	=	5342.8362 NGN
250 BEF	=	5451.8737 NGN
255 BEF	=	5560.9112 NGN
260 BEF	=	5669.9487 NGN
265 BEF	=	5778.9861 NGN
270 BEF	=	5888.0236 NGN
275 BEF	=	5997.0611 NGN
280 BEF	=	6106.0986 NGN
285 BEF	=	6215.136 NGN
290 BEF	=	6324.1735 NGN
295 BEF	=	6433.211 NGN
300 BEF	=	6542.2484 NGN
305 BEF	=	6651.2859 NGN
310 BEF	=	6760.3234 NGN
315 BEF	=	6869.3609 NGN
320 BEF	=	6978.3983 NGN
325 BEF	=	7087.4358 NGN
330 BEF	=	7196.4733 NGN
335 BEF	=	7305.5108 NGN
340 BEF	=	7414.5482 NGN
345 BEF	=	7523.5857 NGN
350 BEF	=	7632.6232 NGN
355 BEF	=	7741.6607 NGN
360 BEF	=	7850.6981 NGN
365 BEF	=	7959.7356 NGN
370 BEF	=	8068.7731 NGN
375 BEF	=	8177.8106 NGN
380 BEF	=	8286.848 NGN
385 BEF	=	8395.8855 NGN
390 BEF	=	8504.923 NGN
395 BEF	=	8613.9605 NGN
400 BEF	=	8722.9979 NGN
405 BEF	=	8832.0354 NGN
410 BEF	=	8941.0729 NGN
415 BEF	=	9050.1104 NGN
420 BEF	=	9159.1478 NGN
425 BEF	=	9268.1853 NGN
430 BEF	=	9377.2228 NGN
435 BEF	=	9486.2602 NGN
440 BEF	=	9595.2977 NGN
445 BEF	=	9704.3352 NGN
450 BEF	=	9813.3727 NGN
455 BEF	=	9922.4101 NGN
460 BEF	=	10031.4476 NGN
465 BEF	=	10140.4851 NGN
470 BEF	=	10249.5226 NGN
475 BEF	=	10358.56 NGN
480 BEF	=	10467.5975 NGN
485 BEF	=	10576.635 NGN
490 BEF	=	10685.6725 NGN
495 BEF	=	10794.7099 NGN
500 BEF	=	10903.7474 NGN