5 Chinese Yuan to Nigerian Naira
Convert CNY to NGN.
We aggregate and weigh exchange rates from popular exchanges for this conversion. Our rates are also a close estimate of what applies in the black market. This is for informational purposes only.
Convert Chinese Yuan to Nigerian Naira
Convert Nigerian Naira to Chinese Yuan
Currency Information
Chinese Yuan
The Chinese Yuan (CNY), also known as the Renminbi (RMB), is the official currency of the People's Republic of China and a rising force in global finance. As China's economy has grown to become the second-largest in the world, the Yuan has gained increasing importance in international trade and investment. Supported by China's economic influence and government initiatives to internationalize the currency, the Yuan is increasingly used in global transactions and held as a reserve currency by central banks.
Nigerian Naira
The Naira (NGN) is the official currency of Nigeria, one of Africa's largest economies. Introduced in 1973 to replace the pound, the Naira plays a crucial role in the economic activities of the most populous country on the continent. Despite facing challenges like inflation and fluctuating exchange rates, the Naira remains central to Nigeria's domestic and international trade.
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