20000 Nigerian naira to Philippine peso Historical Exchange Rates
Welcome to the NGN to PHP exchange rate history page. This page contains detailed daily historical exchange rates between NGN and PHP from 2025-3-8 to 2026-05-03, making it easy to look up and reference.
1 NGN = 0.0446584 PHP
04:30 Exchange Rate
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1 Nigerian naira to Philippine peso Historical Exchange Rate Trends
1 NGN = -- PHP
04:30 Exchange Rate
1 Nigerian naira to Philippine peso Data Statistics
This section organizes the historical exchange rate data of 1 NGN to PHP, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.
Past 7 days historical exchange rates
Below are the daily average exchange rates of NGN to PHP for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of PHP to NGN, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.
NGN to PHP - Last 7 Days
NGN
PHPNGNPHPNGNPHPNGNPHPNGNPHPNGNPHPNGNPHPPHP to NGN - Last 7 Days
PHPNGNPHPNGNPHPNGNPHPNGNPHPNGNPHPNGNPHPNGNNGN - Nigerian Naira
The naira was introduced in 1973 as a replacement for the Nigerian pound. The NGN plays a central role in Africa's largest economy, supporting a diversified economy, particularly the oil and agriculture industries.
- Supporting unit:1 Naira = 100 Kobo
- Denomination of banknotes:5, 10, 20, 50, 100, 200, 500, 1000 Naira
- Reserve currency:No, the primary reserves consist of foreign currencies such as USD, EUR, and RMB.
- Banknote material:Most are paper-based, while some small denominations are made of polymer.
- Metal composition:Nickel-plated steel core, copper alloy, aluminum alloy, etc.
- Currency symbol:₦
- Paper currency size:For example, 1000 Naira is approximately 151mm × 78mm.
- language:en
- Main unit:Naira
- ISO code:NGN
- Currency name:Nigerian Naira
- Exchange Rate System:Regulated floating exchange rate system
- Central Bank:Central Bank of Nigeria
- Safe-haven currency:No, there are significant fluctuations in exchange rates and strong capital controls.
- Coin denomination:50 Cobos, 1, 2 Naira (seldom used).
- Countries of Use:Nigeria is the only country where it is used officially.
- Cross-border payment:Naira is not freely convertible in the international market and is primarily settled through the SWIFT network and banking intermediaries. Cross-border payments often use the US dollar or euro as intermediary currencies, which limits efficiency.
PHP - Philippine Peso
The Philippine Peso has been in circulation since 1852 and has undergone several reforms. PHP is an important carrier of the Philippine economy and overseas remittances, promoting domestic consumption and investment.
- Supporting unit:1 peso = 100 centavos
- Denomination of banknotes:20, 50, 100, 200, 500, 1000 pesos
- Reserve currency:No, the reserve currencies are primarily the US dollar and the euro.
- Banknote material:Combination of paper and polymer, equipped with advanced anti-counterfeiting technology.
- Metal composition:Copper-nickel alloy, stainless steel
- Currency symbol:₱
- Paper currency size:For example, 1000 pesos is approximately 160mm × 66mm.
- language:en
- Main unit:1 peso
- ISO code:PHP
- Currency name:Philippine Peso
- Exchange Rate System:Freely floating exchange rate system
- Central Bank:Bangko Sentral ng Pilipinas
- Safe-haven currency:No, the fluctuations are significant and primarily depend on foreign exchange reserves and capital flow management.
- Coin denomination:1, 5, and 10 pesos (smaller denominations gradually phased out)
- Countries of Use:Philippines
- Cross-border payment:The Philippine peso supports international remittances through the SWIFT network, mainly using the US dollar as an intermediary currency in trade with Southeast Asia and North America, resulting in high efficiency in cross-border settlements.
