Convert Swiss Franc to Nigerian Naira
Please provide values below to convert Swiss Franc [CHF] to Nigerian Naira [NGN], or Convert Nigerian Naira to Swiss Franc.
How to Convert Swiss Franc to Nigerian Naira
1 CHF = 0.000519303909334725 NGN
Example: convert 15 CHF to NGN:
15 CHF = 15 × 0.000519303909334725 NGN = 0.00778955864002087 NGN
Swiss Franc to Nigerian Naira Conversion Table
| Swiss Franc | Nigerian Naira |
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
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.