Chinese Yuan to Nigerian Naira | Bank

The Chinese Yuan (CNY) is the official currency of the People's Republic of China, also known as Renminbi (RMB). It is used for all domestic transactions in mainland China.

The Nigerian Naira (NGN) is the official currency of Nigeria. It was introduced in 1973 to replace the Nigerian pound. The currency is regulated by the Central Bank of Nigeria. The term "Naira" is derived from the word "Nigeria", while "kobo", its subunit, means "penny" in Hausa language.