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Easily convert NGN to MAD with ConvertOnline's efficient tool.
The Nigerian Naira (NGN) is the official currency of Nigeria, introduced in 1973 to replace the Nigerian pound. It is subdivided into 100 kobo and is regulated by the Central Bank of Nigeria, which is responsible for issuing banknotes and coins as well as managing monetary policy.
The Moroccan Dirham (MAD) is the official currency of Morocco, serving as a medium of exchange for goods and services within the country. It is subdivided into 100 centimes, and its symbol is often represented as د.م. or MAD. The currency is regulated by Bank Al-Maghrib, the central bank of Morocco, which helps maintain its stability and manage inflation.