Convert Ugandan Shilling to Nigerian Naira
Please provide values below to convert Ugandan Shilling [UGX] to Nigerian Naira [NGN], or Convert Nigerian Naira to Ugandan Shilling.
How to Convert Ugandan Shilling to Nigerian Naira
1 UGX = 2.32982416117458 NGN
Example: convert 15 UGX to NGN:
15 UGX = 15 × 2.32982416117458 NGN = 34.9473624176187 NGN
Ugandan Shilling to Nigerian Naira Conversion Table
| Ugandan Shilling | Nigerian Naira |
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Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.