Nigerian Naira to Macedonian Denar | Bank

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 Macedonian Denar (MKD) is the official currency of North Macedonia. Introduced in 1992 following the country's independence, it is issued by the National Bank of the Republic of North Macedonia. The currency plays a crucial role in the nation's economy and financial stability.