Nigeria Currency to Pakistani Rupees Conversion Tips and Rates

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Currency in Nigeria
Credit: pexels.com, Currency in Nigeria

If you're planning a trip to Pakistan from Nigeria, you'll need to know how to convert your Nigerian currency to Pakistani rupees. The Nigerian naira (NGN) and Pakistani rupee (PKR) are two different currencies, and knowing the conversion rate is essential for a smooth trip.

The current exchange rate is around 1 NGN to 3.5 PKR, but this can fluctuate depending on market conditions. It's always a good idea to check the latest exchange rate before your trip.

To get the best conversion rate, you can use online currency conversion tools or visit a local bank. Some banks also offer a better exchange rate than others, so it's worth shopping around.

Convert with Our Currency Converter

You can easily convert Nigerian Naira (NGN) to Pakistani Rupee (PKR) using our currency converter. The conversion rate is 0.1799 PKR per 1 NGN.

To give you a better idea, here are some common conversions:

Keep in mind that the exchange rate can fluctuate, so it's always a good idea to check the current rate before making a conversion.

Currency Information

Credit: youtube.com, Pakistan Currency to Nigerian Naira | Nigeria ka 1 Naira kitna Pakistani Rupees hota hai

As of January 13, 2025, the exchange rate is 1 Nigerian Naira = 0.1798 Pakistani Rupee. This means that if you have 1 Nigerian Naira, you can exchange it for approximately 0.18 Pakistani Rupees.

The exchange rate is constantly changing, so it's essential to check the latest rates before making any transactions. You can find the most up-to-date exchange rates on websites that provide live currency conversion tools.

If you want to convert a specific amount of Nigerian Naira to Pakistani Rupees, you can use a currency converter tool that provides conversion rates for various amounts, such as 1, 10, 50, 100, 500, and 1000 Nigerian Naira. For example, 100 Nigerian Naira is equivalent to 17.98 Pakistani Rupees.

Here's a table showing the conversion rates for various amounts of Nigerian Naira to Pakistani Rupees:

Currency vs Rupees Last Year

The Nigerian Naira (NGN) had a significant impact on the Pakistani Rupee (PKR) last year. The highest NGN to PKR exchange rate in the last year was 0.3205 Pakistan Rupees per Nigerian Naira on January 17, 2024.

Consider reading: Nigerian Dollar to Gbp

Banknotes on White Surface
Credit: pexels.com, Banknotes on White Surface

This means that if you were exchanging Nigerian Nairas for Pakistani Rupees last year, you would have gotten a decent exchange rate. Unfortunately, the NGN/PKR rate is down -39.09% compared to the previous year, indicating a decrease in the value of the Nigerian Naira.

If you're planning a trip to Pakistan, it's essential to keep an eye on the exchange rates to get the best deal. The highest NGN to PKR exchange rate in the last 10 years was on May 11, 2023, when each Nigerian Naira was worth 0.6398 Pakistan Rupees.

Expand your knowledge: Pakistan Currency to Naira

What is

Currency is a system of money that is widely accepted as a medium of exchange for goods and services. It's a vital part of our daily lives, and understanding how it works is essential.

The most widely used currencies are the US dollar, the euro, and the yen. These currencies are accepted globally and are often used for international transactions.

Credit: youtube.com, What is Currency? Exchange Rates | Money Instructor

Currency can be physical, like coins and banknotes, or digital, like e-wallets and cryptocurrencies. This flexibility makes it easier for people to use and trade currency.

The value of currency is determined by supply and demand in the foreign exchange market. This means that the value of a currency can fluctuate constantly.

Currency is often pegged to a reserve currency, like the US dollar, to stabilize its value. This is especially common in countries with unstable economies.

Currency has been around for thousands of years, with early forms of currency including commodities like gold and silver. These early currencies were used for trade and commerce.

Conversion Rates

The Nigerian Naira (NGN) can be converted to Pakistani Rupees (PKR) at various exchange rates. The exchange rate for 1 NGN is approximately 0.1799 PKR.

To give you a better idea, here are some conversion rates for different amounts of NGN:

The average exchange rate over a certain period was 0.1910 Pakistan Rupees per Nigerian Naira. This information can be useful for making informed decisions about currency conversions.

Conversion Tips

Detailed view of South African Krugerrand gold coins for investment and currency exchange.
Credit: pexels.com, Detailed view of South African Krugerrand gold coins for investment and currency exchange.

To get the best exchange rate, it's essential to use reliable financial institutions or currency converter tools that provide real-time data. These tools can help you make informed decisions during conversions.

The exchange rate between Nigerian Naira and Pakistani Rupee can fluctuate based on market demand, geopolitical events, and economic indicators from both countries. This means that the rate can change rapidly, so it's crucial to stay up-to-date.

One important thing to note is that the exchange rate is not always a straightforward conversion. For example, if the exchange rate is $1 NGN = 0.0050 PKR, an individual with 1000 Naira would receive approximately $1000 × 0.0050 = 5 PKR.

To give you a better idea, here's a list of conversion rates for different amounts of Nigerian Naira:

It's also worth noting that the conversion rate can be affected by the amount of money being converted. For example, converting 1000 NGN to PKR might give you a different rate than converting 500 NGN to PKR.

To get the most accurate conversion, it's best to use a reliable currency converter tool or financial institution.

Lillie Skiles

Writer

Lillie Skiles is a rising voice in the world of journalism, known for her in-depth coverage of financial and consumer-related topics. With a keen eye for detail and a passion for storytelling, Lillie has established herself as a trusted source for readers seeking accurate and informative articles. Her writing has been featured in various publications, with notable pieces including an exposé on Wells Fargo's banking issues, which shed light on the company's practices and their impact on customers.

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