What is the current NGN to ZAR exchange rate?

The current mid-market exchange rate is 1 NGN = 0.0123 ZAR. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best NGN to ZAR rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert NGN to ZAR?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the NGN/ZAR rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert NGN to ZAR — live rate

Convert Nigerian Nairas to South African Rands and compare the real cost of sending money.

You send

NGN

They receive

ZAR

1 NGN = 0.0123 ZAR • Mid-market rate

Updated just now

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Historical NGN/ZAR exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: NGN to ZAR

1 NGN → 0.01 ZAR

5 NGN → 0.06 ZAR

10 NGN → 0.12 ZAR

50 NGN → 0.61 ZAR

100 NGN → 1.23 ZAR

500 NGN → 6.14 ZAR

1,000 NGN → 12.27 ZAR

5,000 NGN → 61.36 ZAR

Currency snapshots

NGN — Nigerian Naira

ISO Code NGN

Symbol ₦

Central Bank Central Bank of Nigeria

Common Notes ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000

Learn more about NGN

ZAR — South African Rand

ISO Code ZAR

Symbol R

Central Bank South African Reserve Bank

Common Notes R10, R20, R50, R100, R200

Learn more about ZAR

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert NGN to ZAR — live rate

Historical NGN/ZAR exchange rate

Quick reference: NGN to ZAR

Real cost of NGN → ZAR

Estimated savings

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Currency snapshots