Convert Nigerian Naira to Salvadoran Colón
Please provide values below to convert Nigerian Naira [NGN] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Nigerian Naira.
How to Convert Nigerian Naira to Salvadoran Colón
1 NGN = 175.150557449606 SVC
Example: convert 15 NGN to SVC:
15 NGN = 15 × 175.150557449606 SVC = 2627.25836174409 SVC
Nigerian Naira to Salvadoran Colón Conversion Table
| Nigerian Naira | Salvadoran Colón |
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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.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.