1 NGN to NOK Norwegian Krone

1 Nigerian Naira ( NGN ) = 0.023885456478977 Norwegian Krone (NOK)

1 NGN = 0.023885456478977 NOK

1 NOK = 41.866480587472 NGN

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1 Nigerian Naira ( NGN ) Is equal to 0.023885456478977 Norwegian Krone (NOK)
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

Norwegian Krone

Norway Krone,Bouvet Island,Svalbard,Jan Mayen,Queen Maud Land,Peter I Island , The krone ([ˈkrûːnə], abbreviation: kr (also NKr for distinction); code: NOK), plural kroner, is currency of the Kingdom of Norway (including Svalbard). Traditionally known as the Norwegian crown in English. It is nominally subdivided into 100 øre, although the last coins denominated in øre were withdrawn in 2012. The krone was the thirteenth-most-traded currency in the world by value in April 2010, down three positions from 2007. The Norwegian krone is also informally accepted in many shops in Sweden and Finland that are close to the Norwegian border, and also in some shops in the Danish ferry ports of Hirtshals and Frederikshavn. Norwegians spent 14.1 billion NOK on border shopping in 2015 compared to 10.5 billion NOK spent in 2010. Border shopping is a fairly common practice amongst Norwegians, though it is seldom done on impulse. Money is spent mainly on food articles, alcohol, and tobacco, in that order, usually in bulk or large quantities. This is due to considerably higher taxes and fees on tobacco and alcohol purchased domestically in Norway. The krone was introduced in 1875, replacing the Norwegian speciedaler/spesidaler at a rate of 4 kroner = 1 speciedaler. In doing so, Norway joined the Scandinavian Monetary Union, which had been established in 1873. The Scandinavian currencies were mutually exchangeable at par until 1914 with the suspension of the gold standard due to World War I. After this date, the currencies of Denmark, Norway, and Sweden ceased to be mutually equivalent to each other. Within the Scandinavian Monetary Union, the krone was on a gold standard of 2,480 kroner = 1 kilogram of pure gold (1 krone = 403.226 milligrams of gold). The gold standard was suspended from 1914 to 1916 and from 1920 to 1928, and in 1931 it was permanently suspended. In 1933 the krone was pegged to the pound sterling at 1 pound = 19.9 kroner, and in 1939 the krone was pegged to the U.S. dollar at $1 = 4.4 kroner. During the German occupation (1940–1945) in the Second World War, the krone was initially pegged to the Reichsmark at a rate of 1 krone = 0.6 Reichsmark, later reduced to 0.57. After the war, a peg of 1 pound = 20 kroner was established in 1946, equivalent to US$1 = 4.963 kroner before the 1949 devaluation of sterling revised it to US$1 = 7.142 kroner. In December 1992, the Central Bank of Norway abandoned the fixed exchange rate system in favor of floating exchange rates (managed float) due to the heavy speculation against the Norwegian currency in the early 1990s, which lost the central bank around two billion kroner in defensive purchases of the NOK through the usage of foreign currency reserves for a relatively short period of time.
Find out more from wikipedia


5 NGN	=	0.1194 NOK
10 NGN	=	0.2389 NOK
15 NGN	=	0.3583 NOK
20 NGN	=	0.4777 NOK
25 NGN	=	0.5971 NOK
30 NGN	=	0.7166 NOK
35 NGN	=	0.836 NOK
40 NGN	=	0.9554 NOK
45 NGN	=	1.0748 NOK
50 NGN	=	1.1943 NOK
55 NGN	=	1.3137 NOK
60 NGN	=	1.4331 NOK
65 NGN	=	1.5526 NOK
70 NGN	=	1.672 NOK
75 NGN	=	1.7914 NOK
80 NGN	=	1.9108 NOK
85 NGN	=	2.0303 NOK
90 NGN	=	2.1497 NOK
95 NGN	=	2.2691 NOK
100 NGN	=	2.3885 NOK
105 NGN	=	2.508 NOK
110 NGN	=	2.6274 NOK
115 NGN	=	2.7468 NOK
120 NGN	=	2.8663 NOK
125 NGN	=	2.9857 NOK
130 NGN	=	3.1051 NOK
135 NGN	=	3.2245 NOK
140 NGN	=	3.344 NOK
145 NGN	=	3.4634 NOK
150 NGN	=	3.5828 NOK
155 NGN	=	3.7022 NOK
160 NGN	=	3.8217 NOK
165 NGN	=	3.9411 NOK
170 NGN	=	4.0605 NOK
175 NGN	=	4.18 NOK
180 NGN	=	4.2994 NOK
185 NGN	=	4.4188 NOK
190 NGN	=	4.5382 NOK
195 NGN	=	4.6577 NOK
200 NGN	=	4.7771 NOK
205 NGN	=	4.8965 NOK
210 NGN	=	5.0159 NOK
215 NGN	=	5.1354 NOK
220 NGN	=	5.2548 NOK
225 NGN	=	5.3742 NOK
230 NGN	=	5.4937 NOK
235 NGN	=	5.6131 NOK
240 NGN	=	5.7325 NOK
245 NGN	=	5.8519 NOK
250 NGN	=	5.9714 NOK
255 NGN	=	6.0908 NOK
260 NGN	=	6.2102 NOK
265 NGN	=	6.3296 NOK
270 NGN	=	6.4491 NOK
275 NGN	=	6.5685 NOK
280 NGN	=	6.6879 NOK
285 NGN	=	6.8074 NOK
290 NGN	=	6.9268 NOK
295 NGN	=	7.0462 NOK
300 NGN	=	7.1656 NOK
305 NGN	=	7.2851 NOK
310 NGN	=	7.4045 NOK
315 NGN	=	7.5239 NOK
320 NGN	=	7.6433 NOK
325 NGN	=	7.7628 NOK
330 NGN	=	7.8822 NOK
335 NGN	=	8.0016 NOK
340 NGN	=	8.1211 NOK
345 NGN	=	8.2405 NOK
350 NGN	=	8.3599 NOK
355 NGN	=	8.4793 NOK
360 NGN	=	8.5988 NOK
365 NGN	=	8.7182 NOK
370 NGN	=	8.8376 NOK
375 NGN	=	8.957 NOK
380 NGN	=	9.0765 NOK
385 NGN	=	9.1959 NOK
390 NGN	=	9.3153 NOK
395 NGN	=	9.4348 NOK
400 NGN	=	9.5542 NOK
405 NGN	=	9.6736 NOK
410 NGN	=	9.793 NOK
415 NGN	=	9.9125 NOK
420 NGN	=	10.0319 NOK
425 NGN	=	10.1513 NOK
430 NGN	=	10.2707 NOK
435 NGN	=	10.3902 NOK
440 NGN	=	10.5096 NOK
445 NGN	=	10.629 NOK
450 NGN	=	10.7485 NOK
455 NGN	=	10.8679 NOK
460 NGN	=	10.9873 NOK
465 NGN	=	11.1067 NOK
470 NGN	=	11.2262 NOK
475 NGN	=	11.3456 NOK
480 NGN	=	11.465 NOK
485 NGN	=	11.5844 NOK
490 NGN	=	11.7039 NOK
495 NGN	=	11.8233 NOK
500 NGN	=	11.9427 NOK


5 NOK	=	209.3324 NGN
10 NOK	=	418.6648 NGN
15 NOK	=	627.9972 NGN
20 NOK	=	837.3296 NGN
25 NOK	=	1046.662 NGN
30 NOK	=	1255.9944 NGN
35 NOK	=	1465.3268 NGN
40 NOK	=	1674.6592 NGN
45 NOK	=	1883.9916 NGN
50 NOK	=	2093.324 NGN
55 NOK	=	2302.6564 NGN
60 NOK	=	2511.9888 NGN
65 NOK	=	2721.3212 NGN
70 NOK	=	2930.6536 NGN
75 NOK	=	3139.986 NGN
80 NOK	=	3349.3184 NGN
85 NOK	=	3558.6508 NGN
90 NOK	=	3767.9833 NGN
95 NOK	=	3977.3157 NGN
100 NOK	=	4186.6481 NGN
105 NOK	=	4395.9805 NGN
110 NOK	=	4605.3129 NGN
115 NOK	=	4814.6453 NGN
120 NOK	=	5023.9777 NGN
125 NOK	=	5233.3101 NGN
130 NOK	=	5442.6425 NGN
135 NOK	=	5651.9749 NGN
140 NOK	=	5861.3073 NGN
145 NOK	=	6070.6397 NGN
150 NOK	=	6279.9721 NGN
155 NOK	=	6489.3045 NGN
160 NOK	=	6698.6369 NGN
165 NOK	=	6907.9693 NGN
170 NOK	=	7117.3017 NGN
175 NOK	=	7326.6341 NGN
180 NOK	=	7535.9665 NGN
185 NOK	=	7745.2989 NGN
190 NOK	=	7954.6313 NGN
195 NOK	=	8163.9637 NGN
200 NOK	=	8373.2961 NGN
205 NOK	=	8582.6285 NGN
210 NOK	=	8791.9609 NGN
215 NOK	=	9001.2933 NGN
220 NOK	=	9210.6257 NGN
225 NOK	=	9419.9581 NGN
230 NOK	=	9629.2905 NGN
235 NOK	=	9838.6229 NGN
240 NOK	=	10047.9553 NGN
245 NOK	=	10257.2877 NGN
250 NOK	=	10466.6201 NGN
255 NOK	=	10675.9525 NGN
260 NOK	=	10885.285 NGN
265 NOK	=	11094.6174 NGN
270 NOK	=	11303.9498 NGN
275 NOK	=	11513.2822 NGN
280 NOK	=	11722.6146 NGN
285 NOK	=	11931.947 NGN
290 NOK	=	12141.2794 NGN
295 NOK	=	12350.6118 NGN
300 NOK	=	12559.9442 NGN
305 NOK	=	12769.2766 NGN
310 NOK	=	12978.609 NGN
315 NOK	=	13187.9414 NGN
320 NOK	=	13397.2738 NGN
325 NOK	=	13606.6062 NGN
330 NOK	=	13815.9386 NGN
335 NOK	=	14025.271 NGN
340 NOK	=	14234.6034 NGN
345 NOK	=	14443.9358 NGN
350 NOK	=	14653.2682 NGN
355 NOK	=	14862.6006 NGN
360 NOK	=	15071.933 NGN
365 NOK	=	15281.2654 NGN
370 NOK	=	15490.5978 NGN
375 NOK	=	15699.9302 NGN
380 NOK	=	15909.2626 NGN
385 NOK	=	16118.595 NGN
390 NOK	=	16327.9274 NGN
395 NOK	=	16537.2598 NGN
400 NOK	=	16746.5922 NGN
405 NOK	=	16955.9246 NGN
410 NOK	=	17165.257 NGN
415 NOK	=	17374.5894 NGN
420 NOK	=	17583.9218 NGN
425 NOK	=	17793.2542 NGN
430 NOK	=	18002.5867 NGN
435 NOK	=	18211.9191 NGN
440 NOK	=	18421.2515 NGN
445 NOK	=	18630.5839 NGN
450 NOK	=	18839.9163 NGN
455 NOK	=	19049.2487 NGN
460 NOK	=	19258.5811 NGN
465 NOK	=	19467.9135 NGN
470 NOK	=	19677.2459 NGN
475 NOK	=	19886.5783 NGN
480 NOK	=	20095.9107 NGN
485 NOK	=	20305.2431 NGN
490 NOK	=	20514.5755 NGN
495 NOK	=	20723.9079 NGN
500 NOK	=	20933.2403 NGN

1 NGN to NOK Norwegian Krone