Nigerian Naira to Australian Dollar | Black Market

The Nigerian Naira (NGN) is the official currency of Nigeria. It was introduced in 1973 to replace the Nigerian pound. The currency is regulated by the Central Bank of Nigeria. The term "Naira" is derived from the word "Nigeria", while "kobo", its subunit, means "penny" in Hausa language.

The Australian Dollar (AUD) is the official currency of Australia. It is one of the most traded currencies in the world and is known as the "Aussie" in forex markets. The Australian Dollar is subdivided into 100 cents and is managed by the Reserve Bank of Australia.