Convert Nigerian Naira to Cambodian Riel
Please provide values below to convert Nigerian Naira [NGN] to Cambodian Riel [KHR], or Convert Cambodian Riel to Nigerian Naira.
How to Convert Nigerian Naira to Cambodian Riel
1 NGN = 0.38124289031426 KHR
Example: convert 15 NGN to KHR:
15 NGN = 15 × 0.38124289031426 KHR = 5.71864335471389 KHR
Nigerian Naira to Cambodian Riel Conversion Table
Nigerian Naira | Cambodian Riel |
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Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.
Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.