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.

Israeli Shekel

Israeli Shekel

The Israeli new shekel (Hebrew: שֶׁקֶל חָדָשׁ‎ Sheqel H̱adash; Arabic: شيكل جديد‎ šēkal jadīd; sign: ₪; code: ILS), also known as simply the Israeli shekel and formerly known as the New Israeli Sheqel (NIS), is the currency of Israel and is also used as a legal tender in the Palestinian territories of the West Bank and the Gaza Strip. The new shekel is divided into 100 agora. The new shekel has been in use since 1 January 1986, when it replaced the hyperinflated old shekel at a ratio of 1000:1. The currency sign for the new shekel ⟨ ₪ ⟩ is a combination of the first Hebrew letters of the words shekel (ש) and ẖadash (ח) (new). Alongside the shekel sign, the following abbreviations of NIS, ש"ח‎ and ش.ج‎ are also used commonly to denominate prices.

98 Nigerian Naira to Israeli Shekel exchange rates chart

98 NGN to ILS exchange rates graph
98 NGN to ILS Spot 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.

98 NGN to ILS exchange rates table

Exchange NGN to ILS
98 Nigerian Naira = 0.992 Israeli Shekel
196 Nigerian Naira = 1.984 Israeli Shekel
490 Nigerian Naira = 4.960 Israeli Shekel
980 Nigerian Naira = 9.921 Israeli Shekel
Exchange Nigerian Naira to Israeli Shekel
98 Nigerian Naira to Israeli Shekel 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.

98 NGN to ILS exchange rates news

An Ode To Nigerian Home Video Entertainment

Before the evolution of Nollywood around the mid-‘00s, the film industry operated on the blissfully simple method of the home video system. It was the only route for filmmakers to showcase their works, VHS tapes spooled in black casings. Or perhaps you remember them as cassettes and all you needed to have was a television […]

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UPDATE 2-Nigerian central bank to meet MTN lenders over $8 bln fund...

Nigeria's central bank plans to meet four lenders of telecoms company MTN to discuss a dispute over a $8.1 billion fund transfer, after a court adjourned the case, a banking source said.

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Local Content Craze Fuels Box Office Boom in Nigeria
Local Content Craze Fuels Box Office Boom in Nigeria

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Smuggler caught at Gaza border with coins from time of Alexander the Great
Smuggler caught at Gaza border with coins from time of Alexander the Great

Palestinian man was attempting to take two 'rare, highly prized' tetradrachm coins, imprinted in Babylon and northern Greece between 323 and 325 BCE, out of territory

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Grapevine: An ongoing legacy
Grapevine: An ongoing legacy

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CISF detects high volume of foreign currency at Mumbai Airport

Uniindia: New Delhi, Nov 5 (UNI) The Central Industrial Security Force (CISF) on Sunday detected a high volume of foreign currencies worth over Rs 12 lakh, an official release said here on Monday.

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98 NGN to ILS currency converter