1 YER to NGN Nigerian Naira

December 20, 2022 by pkr_to_usd_786

1 YER to NGN Nigerian Naira
Yemen Rial , The rial (Arabic: ; sign: ; abbreviation: YRl (singular) and YRls (plural) in Latin,. in Arabic; ISO code: YER) is the official currency of the R … >>> Find out more from wikipedia. category >>> YER

1 YER to NGN Nigerian Naira

1 Yemeni Rial ( YER ) = 3.1591505553896 Nigerian Naira (NGN)

1 YER = 3.1591505553896 NGN

1 NGN = 0.31654078603312 YER

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1 Yemeni Rial ( YER ) Is equal to 3.1591505553896 Nigerian Naira (NGN)
Yemen Rial
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Yemeni Rial

Yemen Rial , The rial (Arabic: ريال يمني; sign: ﷼; abbreviation: YRl (singular) and YRls (plural) in Latin,ر.ي in Arabic; ISO code: YER) is the official currency of the Republic of Yemen. It is technically divided into 100 fils, although coins denominated in fils have not been issued since Yemeni unification. Due to the ongoing political instability, the value of Yemeni rial continues to fall. The Yemeni Civil War has caused the currency to diverge. In southern Yemen, which is primarily controlled by UAE-backed separatists and the former government backed by Saudi Arabia, ongoing printing has caused the currency to plummet into freefall. In northern Yemen, which is primarily controlled by Ansar Allah with support from Iran, banknotes printed after 2017 are not considered legal tender, and therefore, the exchange rate has remained stable. The differences in banknotes printed before and after 2017 can be determined by its size. History In the 18th and 19th century, the riyal was traditionally associated with the Maria Theresa thaler, a currency that was widely in use in Yemen owing to the Mocha coffee trade with the French, and a Yemeni request that its produce be paid with thalers. As Yemen progressed, it developed its own legal currency. After the union between the North (the Yemen Arab Republic) and the South (the People's Democratic Republic of Yemen) in 1990, both the northern rial and the southern dinar remained legal tender during a transitional period, with 1 dinar exchanged for 26 rials. On 11 June 1996, the dinar was withdrawn from circulation. In 1993, the first coins were issued for the Republic of Yemen. The value of the Yemeni rial against the United States dollar dropped significantly, compared to 12.01 rials per dollar in early the 1990s. Since the mid-1990s, the Yemeni rial has been freely convertible. Though it dropped from YRls 20 to approximately YRls 215 against the US dollar since then, the rial has been stable for several years. However, since 2010 the Central Bank of Yemen had to intervene many times, resulting in a serious decline of foreign reserves. By late 2013, the Economic Intelligence Unit expects reserves to decline to approximately 1.3 months of imports over the following years, despite information that Saudi Arabia would transfer $1 billion to the Yemeni Central Bank. Due to the war, the exchange rate for the Yemeni rial has hovered between 470 and 500 Yemeni rials for 1 US dollar. Coins When Yemen unified, coins had been issued in North Yemen in denominations of 1, 5, 10, 25 and 50 fils and 1 rial. The fils denominations have all disappeared from circulation. In 1993, new coins were introduced by the Central Bank of Yemen in denominations of 1 and 5 rials. These were followed by coins of 10 rials in 1995 and 20 rials in 2004. Find out more from wikipedia

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.
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Convertion Chart YER to NGN
YER		NGN


5 YER	=	15.7958 NGN
10 YER	=	31.5915 NGN
15 YER	=	47.3873 NGN
20 YER	=	63.183 NGN
25 YER	=	78.9788 NGN
30 YER	=	94.7745 NGN
35 YER	=	110.5703 NGN
40 YER	=	126.366 NGN
45 YER	=	142.1618 NGN
50 YER	=	157.9575 NGN
55 YER	=	173.7533 NGN
60 YER	=	189.549 NGN
65 YER	=	205.3448 NGN
70 YER	=	221.1405 NGN
75 YER	=	236.9363 NGN
80 YER	=	252.732 NGN
85 YER	=	268.5278 NGN
90 YER	=	284.3235 NGN
95 YER	=	300.1193 NGN
100 YER	=	315.9151 NGN
105 YER	=	331.7108 NGN
110 YER	=	347.5066 NGN
115 YER	=	363.3023 NGN
120 YER	=	379.0981 NGN
125 YER	=	394.8938 NGN
130 YER	=	410.6896 NGN
135 YER	=	426.4853 NGN
140 YER	=	442.2811 NGN
145 YER	=	458.0768 NGN
150 YER	=	473.8726 NGN
155 YER	=	489.6683 NGN
160 YER	=	505.4641 NGN
165 YER	=	521.2598 NGN
170 YER	=	537.0556 NGN
175 YER	=	552.8513 NGN
180 YER	=	568.6471 NGN
185 YER	=	584.4429 NGN
190 YER	=	600.2386 NGN
195 YER	=	616.0344 NGN
200 YER	=	631.8301 NGN
205 YER	=	647.6259 NGN
210 YER	=	663.4216 NGN
215 YER	=	679.2174 NGN
220 YER	=	695.0131 NGN
225 YER	=	710.8089 NGN
230 YER	=	726.6046 NGN
235 YER	=	742.4004 NGN
240 YER	=	758.1961 NGN
245 YER	=	773.9919 NGN
250 YER	=	789.7876 NGN
255 YER	=	805.5834 NGN
260 YER	=	821.3791 NGN
265 YER	=	837.1749 NGN
270 YER	=	852.9706 NGN
275 YER	=	868.7664 NGN
280 YER	=	884.5622 NGN
285 YER	=	900.3579 NGN
290 YER	=	916.1537 NGN
295 YER	=	931.9494 NGN
300 YER	=	947.7452 NGN
305 YER	=	963.5409 NGN
310 YER	=	979.3367 NGN
315 YER	=	995.1324 NGN
320 YER	=	1010.9282 NGN
325 YER	=	1026.7239 NGN
330 YER	=	1042.5197 NGN
335 YER	=	1058.3154 NGN
340 YER	=	1074.1112 NGN
345 YER	=	1089.9069 NGN
350 YER	=	1105.7027 NGN
355 YER	=	1121.4984 NGN
360 YER	=	1137.2942 NGN
365 YER	=	1153.09 NGN
370 YER	=	1168.8857 NGN
375 YER	=	1184.6815 NGN
380 YER	=	1200.4772 NGN
385 YER	=	1216.273 NGN
390 YER	=	1232.0687 NGN
395 YER	=	1247.8645 NGN
400 YER	=	1263.6602 NGN
405 YER	=	1279.456 NGN
410 YER	=	1295.2517 NGN
415 YER	=	1311.0475 NGN
420 YER	=	1326.8432 NGN
425 YER	=	1342.639 NGN
430 YER	=	1358.4347 NGN
435 YER	=	1374.2305 NGN
440 YER	=	1390.0262 NGN
445 YER	=	1405.822 NGN
450 YER	=	1421.6177 NGN
455 YER	=	1437.4135 NGN
460 YER	=	1453.2093 NGN
465 YER	=	1469.005 NGN
470 YER	=	1484.8008 NGN
475 YER	=	1500.5965 NGN
480 YER	=	1516.3923 NGN
485 YER	=	1532.188 NGN
490 YER	=	1547.9838 NGN
495 YER	=	1563.7795 NGN
500 YER	=	1579.5753 NGN

Convertion Chart NGN to YER
Nigerian Naira		YER


5 NGN	=	1.5827 YER
10 NGN	=	3.1654 YER
15 NGN	=	4.7481 YER
20 NGN	=	6.3308 YER
25 NGN	=	7.9135 YER
30 NGN	=	9.4962 YER
35 NGN	=	11.0789 YER
40 NGN	=	12.6616 YER
45 NGN	=	14.2443 YER
50 NGN	=	15.827 YER
55 NGN	=	17.4097 YER
60 NGN	=	18.9924 YER
65 NGN	=	20.5752 YER
70 NGN	=	22.1579 YER
75 NGN	=	23.7406 YER
80 NGN	=	25.3233 YER
85 NGN	=	26.906 YER
90 NGN	=	28.4887 YER
95 NGN	=	30.0714 YER
100 NGN	=	31.6541 YER
105 NGN	=	33.2368 YER
110 NGN	=	34.8195 YER
115 NGN	=	36.4022 YER
120 NGN	=	37.9849 YER
125 NGN	=	39.5676 YER
130 NGN	=	41.1503 YER
135 NGN	=	42.733 YER
140 NGN	=	44.3157 YER
145 NGN	=	45.8984 YER
150 NGN	=	47.4811 YER
155 NGN	=	49.0638 YER
160 NGN	=	50.6465 YER
165 NGN	=	52.2292 YER
170 NGN	=	53.8119 YER
175 NGN	=	55.3946 YER
180 NGN	=	56.9773 YER
185 NGN	=	58.56 YER
190 NGN	=	60.1427 YER
195 NGN	=	61.7255 YER
200 NGN	=	63.3082 YER
205 NGN	=	64.8909 YER
210 NGN	=	66.4736 YER
215 NGN	=	68.0563 YER
220 NGN	=	69.639 YER
225 NGN	=	71.2217 YER
230 NGN	=	72.8044 YER
235 NGN	=	74.3871 YER
240 NGN	=	75.9698 YER
245 NGN	=	77.5525 YER
250 NGN	=	79.1352 YER
255 NGN	=	80.7179 YER
260 NGN	=	82.3006 YER
265 NGN	=	83.8833 YER
270 NGN	=	85.466 YER
275 NGN	=	87.0487 YER
280 NGN	=	88.6314 YER
285 NGN	=	90.2141 YER
290 NGN	=	91.7968 YER
295 NGN	=	93.3795 YER
300 NGN	=	94.9622 YER
305 NGN	=	96.5449 YER
310 NGN	=	98.1276 YER
315 NGN	=	99.7103 YER
320 NGN	=	101.2931 YER
325 NGN	=	102.8758 YER
330 NGN	=	104.4585 YER
335 NGN	=	106.0412 YER
340 NGN	=	107.6239 YER
345 NGN	=	109.2066 YER
350 NGN	=	110.7893 YER
355 NGN	=	112.372 YER
360 NGN	=	113.9547 YER
365 NGN	=	115.5374 YER
370 NGN	=	117.1201 YER
375 NGN	=	118.7028 YER
380 NGN	=	120.2855 YER
385 NGN	=	121.8682 YER
390 NGN	=	123.4509 YER
395 NGN	=	125.0336 YER
400 NGN	=	126.6163 YER
405 NGN	=	128.199 YER
410 NGN	=	129.7817 YER
415 NGN	=	131.3644 YER
420 NGN	=	132.9471 YER
425 NGN	=	134.5298 YER
430 NGN	=	136.1125 YER
435 NGN	=	137.6952 YER
440 NGN	=	139.2779 YER
445 NGN	=	140.8606 YER
450 NGN	=	142.4434 YER
455 NGN	=	144.0261 YER
460 NGN	=	145.6088 YER
465 NGN	=	147.1915 YER
470 NGN	=	148.7742 YER
475 NGN	=	150.3569 YER
480 NGN	=	151.9396 YER
485 NGN	=	153.5223 YER
490 NGN	=	155.105 YER
495 NGN	=	156.6877 YER
500 NGN	=	158.2704 YER