Convert Brazilian Real to Nigerian Naira
Please provide values below to convert Brazilian Real [BRL] to Nigerian Naira [NGN], or Convert Nigerian Naira to Brazilian Real.
How to Convert Brazilian Real to Nigerian Naira
1 BRL = 0.00363689126087107 NGN
Example: convert 15 BRL to NGN:
15 BRL = 15 × 0.00363689126087107 NGN = 0.054553368913066 NGN
Brazilian Real to Nigerian Naira Conversion Table
| Brazilian Real | Nigerian Naira |
|---|
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.
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.