Convert KRW to NGN — live rate

Convert South Korean Wons to Nigerian Nairas and compare the real cost of sending money.

KRW
NGN
1 KRW = 0.9500 NGN Mid-market rate
Updated just now
Compare transfers for KRW → NGN
No signup required FCA-regulated providers only

Historical KRW/NGN exchange rate

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

Quick reference: KRW to NGN

1 KRW 0.95 NGN
5 KRW 4.75 NGN
10 KRW 9.50 NGN
50 KRW 47.50 NGN
100 KRW 95.00 NGN
500 KRW 475.01 NGN
1,000 KRW 950.01 NGN
5,000 KRW 4,750.07 NGN

Real cost of KRW → NGN

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 KRW
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

KRW — South Korean Won
ISO Code KRW
Symbol
Central Bank The Bank of Korea
Common Notes ₩1000, ₩5000, ₩10000, ₩50000
Learn more about KRW
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

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