Nigerian Naira

Nigerian Naira

The naira (sign: ₦; code: NGN) is the currency of Nigeria. It is subdivided into 100 kobo. The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Nigerian Federation. It controls the volume of money supplied in the economy in order to ensure monetary and price stability. The Currency & Branch Operations Department of the CBN is in charge of currency management, through the procurement, distribution/supply, processing, reissue and disposal/disintegration of bank notes and coins.

Japanese Yen

Japanese Yen

The yen (Japanese: 円, Hepburn: en, symbol: ¥; code: JPY; also abbreviated as JP¥) is the official currency of Japan. It is the third most traded currency in the foreign exchange market after the United States dollar and the euro. It is also widely used as a reserve currency after the U.S. dollar, the euro, and the pound sterling. The concept of the yen was a component of the Meiji government's modernization program of Japan's economy; which postulated the pursuit of a uniform currency throughout the country modeled after the European decimal currency system. Before the Meiji Restoration, Japan's feudal fiefs all issued their own money, hansatsu, in an array of incompatible denominations. The New Currency Act of 1871 did away with these and established the yen, which was defined as 1.5 g (0.048 troy ounces) of gold, or 24.26 g (0.780 troy ounces) of silver, as the new decimal currency. The former han (fiefs) became prefectures and their mints private chartered banks, which initially retained the right to print money. To bring an end to this situation the Bank of Japan was founded in 1882 and given a monopoly on controlling the money supply.Following World War II the yen lost much of its prewar value. To stabilize the Japanese economy the exchange rate of the yen was fixed at ¥360 per $1 as part of the Bretton Woods system. When that system was abandoned in 1971, the yen became undervalued and was allowed to float. The yen had appreciated to a peak of ¥271 per $1 in 1973, then underwent periods of depreciation and appreciation due to the 1973 oil crisis, arriving at a value of ¥227 per $1 by 1980. Since 1973, the Japanese government has maintained a policy of currency intervention, and the yen is therefore under a "dirty float" regime. This intervention continues to this day. The Japanese government focuses on a competitive export market, and tries to ensure a low yen value through a trade surplus. The Plaza Accord of 1985 temporarily changed this situation from its average of ¥239 per US$1 in 1985 to ¥128 in 1988 and led to a peak value of ¥80 against the U.S. dollar in 1995, effectively increasing the value of Japan’s GDP to almost that of the United States. Since that time, however, the yen has greatly decreased in value. The Bank of Japan maintains a policy of zero to near-zero interest rates and the Japanese government has an extreme anti-inflation policy.

3 Nigerian Naira to Japanese Yen exchange rates chart

3 NGN to JPY exchange rates graph
3 NGN to JPY exchange rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

3 NGN to JPY exchange rates FAQs

What is 3 NGN to JPY?

The meaning of 3 NGN to JPY is to exchange 3 Nigerian Naira to Japanese Yen by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. Forex.gg is offering inter-market exchange rates to convert 3 NGN to JPY on the chart below.

Who can exchange 3 NGN to JPY?

Anyone with 3 Nigerian Naira can find a local bank or a bureau de change to convert into Nigerian Naira. However, if neither NGN nor JPY is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why Forex.gg is offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 3 NGN to JPY?

Due to the nature of the forex market, the exchange rates for 3 NGN to JPY is changing all the time in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. So the currency rate you see in this page may change any minute. It's better to lock in the exchange rates with your local broker so that you won't be affected for any future rate changes.

Why do I want to convert 3 NGN to JPY?

Most likely you are traveling and want to get some Japanese Yen cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 3 Nigerian Naira to Japanese Yen. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 3 NGN to JPY?

Usually you can find a local bank, post office or bureau de change to exchange 3 NGN to JPY. But you will soon find out that the exchange rates you can find at all thoses places vary by a lot. It's better to be prepared before hand and do your research about the local forex brokers. That's the exact reason why Forex.gg is doing the homework for you to find the best local bureau de change to avoid being ripped off. All you need to do is input the amount of Japanese Yen you wnat to buy or sell and we will show you where to find the best rate. No forex exchange commissions or fees required!

How to exchange 3 NGN to JPY?

Use the tool we provided here to find the best exchange rates for 3 Nigerian Naira to Japanese Yen. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 3 NGN in hand and exchange the cash you want in store or online. It's just that simple with no fees or commissions from Forex.gg!

3 NGN to JPY exchange rates table

Exchange NGN to JPY
3 Nigerian Naira = 0.925 Japanese Yen
6 Nigerian Naira = 1.849 Japanese Yen
15 Nigerian Naira = 4.623 Japanese Yen
30 Nigerian Naira = 9.247 Japanese Yen
Exchange Nigerian Naira to Japanese Yen
3 Nigerian Naira to Japanese Yen Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

3 NGN to JPY news tweets

3 NGN to JPY added 1 tweet
2019-03-19 13:03:28 UTC
RT @LifeOfRouvafe: So the Nigerian Senate just approves the new N30,000 naira minimum wage. I for one would have loved to know the sen… https://t.co/pvXL4VaPPw
3 NGN to JPY added 1 tweet
2019-03-19 13:03:45 UTC
RT @LifeOfRouvafe: So the Nigerian Senate just approves the new N30,000 naira minimum wage. I for one would have loved to know the sen… https://t.co/pvXL4VaPPw
3 NGN to JPY added 1 tweet
2019-03-19 13:04:04 UTC
RT @GbemiDennis: It's now Official, the New National Minimum Wage is now N30,000 (Thirty Thousand Naira Only), as approved by the Ni… https://t.co/97KGanDIgn
3 NGN to JPY added 1 tweet
2019-03-19 13:06:57 UTC
RT @GbemiDennis: It's now Official, the New National Minimum Wage is now N30,000 (Thirty Thousand Naira Only), as approved by the Ni… https://t.co/97KGanDIgn
3 NGN to JPY added 1 tweet
2019-03-19 13:15:18 UTC
@TweetsByPresley I'll answer you if you can say the exact equivalent of such money in Nigerian Naira.
3 NGN to JPY added 1 tweet
2019-03-19 06:20:23 UTC
Japanese Yen Trading Higher, Ahead Of BoJ’s Meeting Minutes https://t.co/J6gnm9w8M4
3 NGN to JPY added 1 tweet
2019-03-19 06:47:07 UTC
RT @jisoolip: Yahoo Japan starts doing pre order for BLACKPINK new EP, 2 versions + posters I checked few japanese stores and it… https://t.co/pJzglGhRHh
3 NGN to JPY added 1 tweet
2019-03-19 07:04:31 UTC
Currency pairs involving the Japanese yen are quoted to only 2 decimal places (unless there are fractional pips, th… https://t.co/aJS0lHmYXC
3 NGN to JPY added 1 tweet
2019-03-19 07:07:05 UTC
ตัวเลขการส่งออกของญี่ปุ่นแสดงให้เห็นถึงความซบเซา เกิดภาวะถดถอยอย่างมากในการส่งออกและการผลิตภาคอุตสาหกรรม #BOJ… https://t.co/5VPIMrA1UY
3 NGN to JPY added 1 tweet
2019-03-19 07:15:26 UTC
@xuxirenjaem japanese yen ¥¥¥¥

3 NGN to JPY news media

3 NGN to JPY added 1 medium
2019-03-03T16:03:42+01:00
Hahaha dont forget to follow me @realDavePartner #idontlikewhatihate #idonthatewhatilike #nigeriannaira #dance #fun #dwarfdancing #cretin #dwarf #dwarfhamster #dwaynejohnson
3 NGN to JPY added 1 medium
2019-02-27T18:02:45+01:00
Tattoos and a fade cut. Feeling freshhh #fade #tattoos #westafrica #nigeriannaira #mixedrace #vancouver #canada🇨🇦
3 NGN to JPY added 1 medium
2017-11-01T12:34:00+01:00
@grandstyle_by_tdimples : SWIPE & place ur order 😍We always have something unique and beautiful for u.Great styles and outfits for everyone❗️ Worldwide delivery DM! Call/WhatsApp 08054607518 #onlineshopping #readytowear #lagosboutique #naijawedding #madeinnigeria #lagosbabes #slayqueen #naijamum #abujababes #asoebibella #naijabase #asoebi #fashionblog #motherhood #fashionaccessories #nigerianfashion #affordablertw #pulsenigeria #maxidresses #bellanaija #lagosshopping #naijagist #naijapals #beauty #asooke #plussize #nigeriannaira #lagoswives #naijawives #owambe
3 NGN to JPY added 1 medium
2017-11-06T18:27:39+01:00
@grandstyle_by_tdimples: SWIPE & place ur order 😍We always have something unique and beautiful for u.Great styles and outfits for everyone❗️ Worldwide delivery DM! Call/WhatsApp 08054607518 #onlineshopping #readytowear #lagosboutique #naijawedding #madeinnigeria #lagosbabes #slayqueen #naijamum #abujababes #asoebibella #naijabase #asoebi #fashionblog #motherhood #fashionaccessories #nigerianfashion #affordablertw #pulsenigeria #maxidresses #bellanaija #lagosshopping #naijagist #naijapals #beauty #asooke #plussize #nigeriannaira #lagoswives #naijawives #owambe
3 NGN to JPY added 1 medium
2017-11-10T18:23:34+01:00
@grandstyle_by_tdimples: SWIPE & place ur order 😍We always have something unique and beautiful for u.Great styles and outfits for everyone❗️ Worldwide delivery DM! Call/WhatsApp 08054607518 #onlineshopping #readytowear #lagosboutique #naijawedding #madeinnigeria #lagosbabes #slayqueen #naijamum #abujababes #asoebibella #naijabase #asoebi #fashionblog #motherhood #fashionaccessories #nigerianfashion #affordablertw #pulsenigeria #maxidresses #bellanaija #lagosshopping #naijagist #naijapals #beauty #asooke #plussize #nigeriannaira #lagoswives #naijawives #owambe
3 NGN to JPY added 1 medium
2019-03-19T07:04:57+01:00
#dailycryptoupdate #cryptonews #crypscrow #kakaochat #cryptowallet #coincheck #sell #holding #btcsv #reimburse #japaneseyen #bithumb #reduce #staff #overstock #ecommerce #deferring #cash #cryptoventures #canada #proposes #cryptocurrency #shortselling #margintrading #ban
3 NGN to JPY added 1 medium
2019-03-19T15:44:23+01:00
#FOREX or #FUTURES | $USDJPY, June #JapaneseYen, $JYM19, Scalped +$263 per contract this morning with #daVinci, our #algorithmic #daytrading system for all liquid, traded markets.🎯 TRADE SMART, TRADE ALGOS! Reserve your end-user license for @MultiCharts, @TradeStation or @NinjaTrader...
3 NGN to JPY added 1 medium
2019-03-19T21:00:29+01:00
THE JAPANESE YEN Why is it considered a safe heaven?
3 NGN to JPY added 1 medium
2019-03-20T03:52:35+01:00
Trading and character... #forex #trading #news #usdcad #money #character #market #dollar #withdraw #forextrading #usd #yen #japaneseyen #trade #traders #broker #introducingbroker #stocks #mt4 #leverage #外汇 #liquidity #CFD #investor #wallstreet #外国為替 #forexlifestyle #crypto #gold #cptmarkets
3 NGN to JPY added 1 medium
2019-03-18T12:52:21+01:00
ご覧の決済を取扱中です。ポイント、マイル、キャッシュバックキャンペーン等、お得な決済方法をご利用ください。あ!画像にオリガミが入ってなかった。 #visa #master #jcb #discover #diners #amex #paypay #alipay #銀聯 #origamipay #japaneseyen

3 NGN to JPY news videos

Nigeria has set a new naira exchange rate for consumers with certain foreign expenses and stepped up dollar sales on the official ...
Nigeria's Naira traded firmer on the interbank forex market on Wednesday, after the Central Bank sold dollars to try and ease ...
Customs officers stationed in Benin City Killed an Edo indigen arriving from Europe this morning over 5000 Naira Bribe. This is not ...
Henry 8 plus Banknote Counter and Sorter for Kuwait Dinar. MoneyGuard Technologies LLC For sales please call 98877277 ...
This video is selected and uploaded by Gazunda Services Ltd. It is not our property.
I show a couple uncommon or "rare" bills/notes that I got during my trip to Japan, as well as give a quick overview of what is ...
नमस्कार दोस्तों आज इस विडियो में जापान में कौन सी मुद्रा चलती है अच्छा लगता...
Hey! This time I test it again but in Japan! If you have only 1000Yen , What you can buy at Conbini in Japan? Let see it together !
Listen to me speak Japanese and English about money and phrases. Learn new vocabulary in your sleep! :)Please subscribe to ...

3 NGN to JPY news texts

Can Someone Tell Osinbajo To Sharap? -By Festus Adedayo
Can Someone Tell Osinbajo To Sharap? -By Festus Adedayo

Articles on OpinionNigeria's platform are objective, constructive, mind buggling and compels people to take ownership of issues in order to bring about practicable solutions.

4 days conditional positive
Nigeria: what Muhammadu Buhari's re-election means for Africa's biggest economy

Investors favoured Muhammadu Buhari's opponent, Atiku Abubakar. So what are the Nigerian president's economic priorities?

15 days conditional neutral
Forget Nigerian election delay; Devaluation fears will drive markets | West Africa

Forget Nigerian election delay; Devaluation fears will drive markets Investors in Nigeria fear a large devaluation later in the year

27 days conditional neutral
Nigeria: Billionaire Pastor, Paul Adefarasin, Celebrates 56

He had a long and steady career as a trained architect in the United States before going full-time into evangelism. Blessed with a rich occidental drawl, an imposing height, unabashed taste for flashy cars and smouldering good looks that can set off fire alarms, Paul Adefarasin is a televangelist, author and founder of House on The Rock Church, a church with branches across Nigeria and a multi-billion naira-worth cathedral in Lagos housing an average 8,000 worshippers every Sunday. Some days ago, the popul

about 1 month conditional positive
Vietnam trainee, exploited in Fukushima, eyes return to Japan:

THAI BINH, Vietnam--Nguyen Duc Canh’s concerns about working in a deserted northeastern Japanese tow

10 days subjunctive positive
Major currency up

Uniindia: Mumbai, Mar 9 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit.

10 days indicative neutral
Chinese Workers Flee Japan’s Controversial Work-Training System

Unscrupulous agents in China are luring workers into overseas placements with low pay and poor conditions.

14 days conditional neutral

3 NGN to JPY currency converter

3 NGN to JPY exchange rates

100 EUR to AMD
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Baku, Republic of Azerbaijan.
20 EUR to HUF
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20 HUF to EUR
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360 KRW to AUD
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100 RUB to AMD
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100 KWD to INR
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1375 EUR to TWD
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