Convert Indonesian Rupiah to Nigerian Naira
Please provide values below to convert Indonesian Rupiah [IDR] to Nigerian Naira [NGN], or Convert Nigerian Naira to Indonesian Rupiah.
How to Convert Indonesian Rupiah to Nigerian Naira
1 IDR = 10.6408220693905 NGN
Example: convert 15 IDR to NGN:
15 IDR = 15 × 10.6408220693905 NGN = 159.612331040857 NGN
Indonesian Rupiah to Nigerian Naira Conversion Table
| Indonesian Rupiah | Nigerian Naira |
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Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.
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.