HomeIRR / NGN • Currency
add
IRR / NGN
Previous close
0.034
Market news
About Iranian Rial
The rial is the official currency of the Islamic Republic of Iran. It is subdivided into 100 dinars, but due to the rial's low purchasing power, the dinar is not practically used.
Although there is no official symbol for the currency, the Iranian standard ISIRI 820 defined a symbol for use on typewriters, and the two Iranian standards ISIRI 2900 and ISIRI 3342 define a character code to be used for it. The Unicode Standard also has a compatibility character defined U+FDFC ﷼ RIAL SIGN. WikipediaAbout Nigerian Naira
The naira is the currency of Nigeria. One naira is divided into 100 kobo.
The Central Bank of Nigeria 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.
A major cash crunch occurred in February 2023 when the Nigerian government used a currency note changeover—delivering too few of the new notes into circulation—to attempt to force citizens to use a newly created government-sponsored central bank digital currency. This led to extensive street protests. Wikipedia