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1 LUF to NGN Nigerian Naira

1 LUF to NGN Nigerian Naira

1 LUF to NGN Nigerian Naira

1 Luxembourg Franc ( LUF ) = 12.233183429684 Nigerian Naira (NGN)


1 LUF = 12.233183429684 NGN


1 NGN = 0.081744870887288 LUF


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1 Luxembourg Franc ( LUF ) Is equal to 12.233183429684 Nigerian Naira (NGN)
Luxembourg Franc
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Luxembourg Franc
Luxembourg Franc , The Luxembourg franc (F or ISO LUF, Luxembourgish: Frang), subdivided into 100 centimes, was the currency of Luxembourg between 1854 and 2002, except from 1941 to 44. From 1944 to 2002, its value was equal to that of the Belgian franc. The franc remained in circulation until 2002, when it was replaced by the euro. From 1999 to 2002, the franc was officially a subdivision of the euro (€1 = 40.3399F), but the euro did not circulate in physical form before 1 January 2002. Under the principle of "no obligation and no prohibition", financial transactions could be conducted in euros and francs, but physical payments could be made only in francs, as euro notes and coins were not available yet. The conquest of most of western Europe by Revolutionary and Napoleonic France led to the French franc's wide circulation, including in Luxembourg. However, incorporation into the Netherlands in 1815 resulted in the Dutch guilder becoming Luxembourg's currency. Following Belgium's independence from the Netherlands, the Belgian franc was adopted in 1839 and circulated in Luxembourg until 1842 and again from 1848. Between 1842 and 1848, Luxembourg (as part of the German Zollverein) used the Prussian Thaler. 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.
Find out more from wikipedia

Convertion Chart LUF to NGN
NGN LUF Nigerian Naira NGN
5 LUF = 61.1659 NGN
10 LUF = 122.3318 NGN
15 LUF = 183.4978 NGN
20 LUF = 244.6637 NGN
25 LUF = 305.8296 NGN
30 LUF = 366.9955 NGN
35 LUF = 428.1614 NGN
40 LUF = 489.3273 NGN
45 LUF = 550.4933 NGN
50 LUF = 611.6592 NGN
55 LUF = 672.8251 NGN
60 LUF = 733.991 NGN
65 LUF = 795.1569 NGN
70 LUF = 856.3228 NGN
75 LUF = 917.4888 NGN
80 LUF = 978.6547 NGN
85 LUF = 1039.8206 NGN
90 LUF = 1100.9865 NGN
95 LUF = 1162.1524 NGN
100 LUF = 1223.3183 NGN
105 LUF = 1284.4843 NGN
110 LUF = 1345.6502 NGN
115 LUF = 1406.8161 NGN
120 LUF = 1467.982 NGN
125 LUF = 1529.1479 NGN
130 LUF = 1590.3138 NGN
135 LUF = 1651.4798 NGN
140 LUF = 1712.6457 NGN
145 LUF = 1773.8116 NGN
150 LUF = 1834.9775 NGN
155 LUF = 1896.1434 NGN
160 LUF = 1957.3093 NGN
165 LUF = 2018.4753 NGN
170 LUF = 2079.6412 NGN
175 LUF = 2140.8071 NGN
180 LUF = 2201.973 NGN
185 LUF = 2263.1389 NGN
190 LUF = 2324.3049 NGN
195 LUF = 2385.4708 NGN
200 LUF = 2446.6367 NGN
205 LUF = 2507.8026 NGN
210 LUF = 2568.9685 NGN
215 LUF = 2630.1344 NGN
220 LUF = 2691.3004 NGN
225 LUF = 2752.4663 NGN
230 LUF = 2813.6322 NGN
235 LUF = 2874.7981 NGN
240 LUF = 2935.964 NGN
245 LUF = 2997.1299 NGN
250 LUF = 3058.2959 NGN
255 LUF = 3119.4618 NGN
260 LUF = 3180.6277 NGN
265 LUF = 3241.7936 NGN
270 LUF = 3302.9595 NGN
275 LUF = 3364.1254 NGN
280 LUF = 3425.2914 NGN
285 LUF = 3486.4573 NGN
290 LUF = 3547.6232 NGN
295 LUF = 3608.7891 NGN
300 LUF = 3669.955 NGN
305 LUF = 3731.1209 NGN
310 LUF = 3792.2869 NGN
315 LUF = 3853.4528 NGN
320 LUF = 3914.6187 NGN
325 LUF = 3975.7846 NGN
330 LUF = 4036.9505 NGN
335 LUF = 4098.1164 NGN
340 LUF = 4159.2824 NGN
345 LUF = 4220.4483 NGN
350 LUF = 4281.6142 NGN
355 LUF = 4342.7801 NGN
360 LUF = 4403.946 NGN
365 LUF = 4465.112 NGN
370 LUF = 4526.2779 NGN
375 LUF = 4587.4438 NGN
380 LUF = 4648.6097 NGN
385 LUF = 4709.7756 NGN
390 LUF = 4770.9415 NGN
395 LUF = 4832.1075 NGN
400 LUF = 4893.2734 NGN
405 LUF = 4954.4393 NGN
410 LUF = 5015.6052 NGN
415 LUF = 5076.7711 NGN
420 LUF = 5137.937 NGN
425 LUF = 5199.103 NGN
430 LUF = 5260.2689 NGN
435 LUF = 5321.4348 NGN
440 LUF = 5382.6007 NGN
445 LUF = 5443.7666 NGN
450 LUF = 5504.9325 NGN
455 LUF = 5566.0985 NGN
460 LUF = 5627.2644 NGN
465 LUF = 5688.4303 NGN
470 LUF = 5749.5962 NGN
475 LUF = 5810.7621 NGN
480 LUF = 5871.928 NGN
485 LUF = 5933.094 NGN
490 LUF = 5994.2599 NGN
495 LUF = 6055.4258 NGN
500 LUF = 6116.5917 NGN

Convertion Chart NGN to LUF
Nigerian Naira Nigerian Naira LUF LUF
5 NGN = 0.4087 LUF
10 NGN = 0.8174 LUF
15 NGN = 1.2262 LUF
20 NGN = 1.6349 LUF
25 NGN = 2.0436 LUF
30 NGN = 2.4523 LUF
35 NGN = 2.8611 LUF
40 NGN = 3.2698 LUF
45 NGN = 3.6785 LUF
50 NGN = 4.0872 LUF
55 NGN = 4.496 LUF
60 NGN = 4.9047 LUF
65 NGN = 5.3134 LUF
70 NGN = 5.7221 LUF
75 NGN = 6.1309 LUF
80 NGN = 6.5396 LUF
85 NGN = 6.9483 LUF
90 NGN = 7.357 LUF
95 NGN = 7.7658 LUF
100 NGN = 8.1745 LUF
105 NGN = 8.5832 LUF
110 NGN = 8.9919 LUF
115 NGN = 9.4007 LUF
120 NGN = 9.8094 LUF
125 NGN = 10.2181 LUF
130 NGN = 10.6268 LUF
135 NGN = 11.0356 LUF
140 NGN = 11.4443 LUF
145 NGN = 11.853 LUF
150 NGN = 12.2617 LUF
155 NGN = 12.6705 LUF
160 NGN = 13.0792 LUF
165 NGN = 13.4879 LUF
170 NGN = 13.8966 LUF
175 NGN = 14.3054 LUF
180 NGN = 14.7141 LUF
185 NGN = 15.1228 LUF
190 NGN = 15.5315 LUF
195 NGN = 15.9402 LUF
200 NGN = 16.349 LUF
205 NGN = 16.7577 LUF
210 NGN = 17.1664 LUF
215 NGN = 17.5751 LUF
220 NGN = 17.9839 LUF
225 NGN = 18.3926 LUF
230 NGN = 18.8013 LUF
235 NGN = 19.21 LUF
240 NGN = 19.6188 LUF
245 NGN = 20.0275 LUF
250 NGN = 20.4362 LUF
255 NGN = 20.8449 LUF
260 NGN = 21.2537 LUF
265 NGN = 21.6624 LUF
270 NGN = 22.0711 LUF
275 NGN = 22.4798 LUF
280 NGN = 22.8886 LUF
285 NGN = 23.2973 LUF
290 NGN = 23.706 LUF
295 NGN = 24.1147 LUF
300 NGN = 24.5235 LUF
305 NGN = 24.9322 LUF
310 NGN = 25.3409 LUF
315 NGN = 25.7496 LUF
320 NGN = 26.1584 LUF
325 NGN = 26.5671 LUF
330 NGN = 26.9758 LUF
335 NGN = 27.3845 LUF
340 NGN = 27.7933 LUF
345 NGN = 28.202 LUF
350 NGN = 28.6107 LUF
355 NGN = 29.0194 LUF
360 NGN = 29.4282 LUF
365 NGN = 29.8369 LUF
370 NGN = 30.2456 LUF
375 NGN = 30.6543 LUF
380 NGN = 31.0631 LUF
385 NGN = 31.4718 LUF
390 NGN = 31.8805 LUF
395 NGN = 32.2892 LUF
400 NGN = 32.6979 LUF
405 NGN = 33.1067 LUF
410 NGN = 33.5154 LUF
415 NGN = 33.9241 LUF
420 NGN = 34.3328 LUF
425 NGN = 34.7416 LUF
430 NGN = 35.1503 LUF
435 NGN = 35.559 LUF
440 NGN = 35.9677 LUF
445 NGN = 36.3765 LUF
450 NGN = 36.7852 LUF
455 NGN = 37.1939 LUF
460 NGN = 37.6026 LUF
465 NGN = 38.0114 LUF
470 NGN = 38.4201 LUF
475 NGN = 38.8288 LUF
480 NGN = 39.2375 LUF
485 NGN = 39.6463 LUF
490 NGN = 40.055 LUF
495 NGN = 40.4637 LUF
500 NGN = 40.8724 LUF
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