East Caribbean Dollar to Nigerian Naira | Bank

The East Caribbean Dollar (XCD) is the official currency of the Organisation of Eastern Caribbean States. It is used by eight member countries. The currency is divided into 100 cents and is pegged to the US dollar at a fixed rate.

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.