What does naira stand for?

naira. stands for The main currency of Nigeria. The naira is subdivided into 100 kobo, the fractional currency of the country.

What does the word naira mean?

Naira is a Muslim Girl Name. Naira name meaning is Shinning, Glittering. … The name is originated from Urdu. The lucky number of Naira name is 7.

Is naira in English word?

noun. The basic monetary unit of Nigeria, equal to 100 kobo. ‘The dollar mustered a 0.6% gain against the Nigerian naira and 0.9% rise versus the Uruguay peso, and that was about it. ‘

What means N in money?

N stands for Nigerian Naira (national currency)

When was 1 dollar converted to Naira?

In September 1986, the SFEM was introduced as part of a package of IMF reforms that general Ibrahim Babangida (IBB) was forced to accept given the mess that Nigeria had managed to find itself. Before this, in the 70s to early 80s, the naira exchanged for something like 90 kobo to $1.

Is naira a Hindu name?

View the Meaning & Numerology of Hindu Girl Name Naira.


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Name Naira
Meaning Woman with Big Eyes
Category/Origin Hindu
Gender Girl
Numerology 7

How much is 1million dollars in Nigeria money?

For one million dollars you get today 412,540,215 naira 00 kobo.

What is the origin of Naira?

The name of the Nigerian currency was changed from Pounds to Naira in 1 January, 1973 and the name, naira was coined from the word Nigeria by Obafemi Awolowo. The Central Bank of Nigeria claimed that they attempted to control the annual inflation rate below 10%.

What is the meaning of naira in Urdu?

Naira name meaning is radiant, brilliant, full of light. Naira is a Muslim girl name and it is an Urdu originated name with multiple meanings and the associated lucky number is 7.

What is K and M in money?

What does “K” or “M” behind numbers mean? On the Internet, 1K is used to represent 1 thousand and 10K is used to represent 10 thousand, similarly, 1M is used to represent 1 million. 1M = 1 Million (ie 10 Lakh)

What does AA mean in money?

Currency Display

Represantation Real Value Pronounced As
1 B 1 x 109 One Billion
1 T 1 x 1012 One Trillion
1 aa 1 x 1015 One Quadrillion
1 ab 1 x 1018 One Quintillion

What is full form of money?

MONEY: Medium Of Net Exchange by You.

What is the world’s weakest currency?

TOP 10 – The Weakest World Currencies in 2021

  • #1 – Venezuelan Sovereign Bolívar (1,552,540 VES/USD)
  • #2 – Iranian Rial (~229,500 IRR/USD)
  • #3 – Vietnamese Dong (23,002 VND/USD)
  • #4 – Indonesian Rupiah (14,032 IDR/USD)
  • #5 – Uzbek Sum (10,483 UZS/USD)
  • #6 – Guinean Franc (10,234 GNF/USD)
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How much is 1ghana Cedis to Nigeria naira?

Quick Conversions from Ghana Cedi to Nigerian Naira : 1 GHS = 70.75627 NGN

GH₵ 1 ₦ 70.76
GH₵ 5 ₦ 353.78
GH₵ 10 ₦ 707.56
GH₵ 50 ₦ 3,537.81

Who is on Nigeria 1000 naira note?

The 1000 Naira banknote is the highest value paper money note in Nigeria. On the obverse side of the ₦1000 bill are the portraits of Mallam Alijy Mai-Bornu and Dr Clement Nyong Isong. Both men are governors: the former of the Central Bank of Nigeria and the latter of Cross River State, South Nigeria.

Hai Afrika!