Convert your NGN to HRK
NGN to HRK Comparison Table
| Feature | NGN (Nigerian Naira) | HRK (Croatian Kuna) |
|---|---|---|
| Currency Code | NGN | HRK |
| Symbol | ₦ | kn |
| Issuing Authority | Central Bank of Nigeria | Croatian National Bank |
| Economic Strength | Developing, resource-based economy | Developed, transitioning economy |
| Exchange Rate Volatility | High | Relatively stable |
| Popular Use Cases | Domestic transactions, remittances | Domestic and international transactions |
| Digital Payment Adoption | Growing adoption, mobile money prominent | High adoption, advanced infrastructure |
| Inflation Rate | Historically high | Relatively low |
| Interest Rates | High | Lower than Nigeria |
| Foreign Exchange Reserves | Moderate | Adequate |
| Foreign Direct Investment (FDI) | Increasing, resource-focused | Increasing, various sectors |
Key Observations:
- The NGN is a currency of a developing economy with high volatility, while the HRK is from a developed, transitioning economy with relative stability.
- Croatia has a more advanced digital payment infrastructure compared to Nigeria.
- The interest rate differential between the two countries is significant.
Related Currency Pairings
| African Currencies | Asian Currencies |
| NGN to MWK NGN to MZN NGN to NAD NGN to RWF | NGN to JPY NGN to JOD NGN to KGS NGN to KHR |
| European Currencies | Oceania Currencies |
| NGN to HUF NGN to MDL NGN to MKD NGN to PLN | NGN to GTQ NGN to GYD NGN to HNL NGN to JMD |
7 Facts About the Croatian Kuna
Note: The Croatian Kuna was replaced by the Euro on January 1, 2023.
- Historical Currency: The Kuna was Croatia’s official currency from 1994 until 2023, replacing the Yugoslav Dinar.
- Meaningful Name: “Kuna” is the Croatian word for marten, a small mammal, reflecting the historical use of marten pelts as currency.
- Subdivision: The Kuna was divided into 100 lipa, although these smaller units were rarely used in practice.
- Euro Adoption: Croatia joined the Eurozone in 2023, marking a significant step towards European integration.
- Economic Transition: The shift from Kuna to Euro was aimed at strengthening Croatia’s economy and reducing economic risks.
- Cash-Based Society: Croatia was predominantly a cash-based society before the Euro adoption, with ATMs widely available.
- Currency Code: HRK was the official currency code for the Croatian Kuna, used for international financial transactions.
Top Banks in Nigeria and Croatia for Naira to Kuna Exchange
| Country | Bank Name | City |
|---|---|---|
| Nigeria | Access Bank Plc | Lagos |
| Nigeria | United Bank for Africa (UBA) | Lagos |
| Nigeria | Zenith Bank Plc | Lagos |
| Croatia | Zagrebačka banka (ZABA) | Zagreb |
| Croatia | Privredna banka Zagreb (PBZ) | Zagreb |
| Croatia | Erste & Steiermärkische Bank d.d. (Erste banka) | Zagreb |