Set Location and Language

Special Drawing Rights Special Drawing Rights to Nigerian Naira | Bank

Live exchange rate for Special Drawing Rights to Nigerian Naira at Bank, Wednesday, 23.04.2025 04:37

Buy 2,167.44

Sell 2,166.08

Change -0.003

Last price yesterday 2,167.4434

Special Drawing Rights (XDR) is an international reserve asset created by the International Monetary Fund (IMF) to supplement its member countries' official reserves.

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.