Convert 1 Australian Dollar (AUD) to Nigerian Naira (NGN)
Exchange rates used for currency conversion updated on 22nd May 2019 ( 22/05/2019 )
Below you will find the latest exchange rate for exchanging Australian Dollar (AUD) to Nigerian Naira (NGN) , a table containing most common conversions and a chart with the pair's evolution.
The Australian Dollar (AUD) to Nigerian Naira (NGN) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The Australian dollar (AUD) is the official currency of the Commonwealth of Australia as well as 7 territories and 3 surrounding countries. The AUD is symbolized with the "$" symbol and each dollar is subdivided into 100 cents. The coins are issued in 5¢, 10¢, 20¢, 50¢ , $1, $2 increments and the banknotes are printed in $5, $10, $20, $50, $100 denominations. The AUD is the fifth most traded currency in worldwide currency markets.
Unique attributes of the AUD are that the banknotes are printed on polymer as opposed to paper which is the traditional stock for currency banknotes. This polymer is more durable and allows for more advance security features than does its paper counterpart. The AUD banknotes are also printed in different lengths in order to make denomination differentiation easier.
About Nigerian Naira (NGN)
Nigeria is a country in Africa that borders the Gulf of Guinea on the Atlantic Ocean. The naira is the official currency of the country and is divided into 100 kobo. Denominations of the naira include N5, N10, N20, N50, N100, N200 and N500. Most banks do not offer currency exchange so visitors must find moneychangers in order to convert foreign currency into naira.