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The CFP Franc (XPF) is a currency used in several French overseas territories in the South Pacific, including French Polynesia, New Caledonia, and the French Southern and Antarctic Lands. It is pegged to the Euro, providing stability and facilitating trade within the region and with France.
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.