Convert 20000 Nigerian Naira (NGN) to Indian Rupee (INR)
Exchange rates used for currency conversion updated on 20th November 2018 ( 20/11/2018 )
Below you will find the latest exchange rate for exchanging Nigerian Naira (NGN) to Indian Rupee (INR) , a table containing most common conversions and a chart with the pair's evolution.
The Nigerian Naira (NGN) to Indian Rupee (INR) 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.
*Disclaimer: AVERAGE intraday quotes were used for this conversion. The exchange rate the system calculated between Nigerian Naira and Indian Rupee on 20/11/2018 is 1 NGN = 0.3738 INR
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.
About Indian Rupee (INR)
Under the monetary policy of the Reserve Bank of India (RBI) the INR, Indian rupee, having once been held back by a centrally planned economy it is increasing its presence in world currency markets as the central planning and controls are released and the Indian economy is released, embracing the free markets. The INR is a floats against a basket of goods and other currencies and it is increasing in worldwide importance as the underlying economy grows and the RBI continues to focus on price stability and the general well being of the country.