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Convert MTL to NGN — live rate

Convert Maltese Liras to Nigerian Nairas and compare the real cost of sending money.

MTL
NGN
1 MTL = 3987.8000 NGN Mid-market rate
Updated just now
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Historical MTL/NGN exchange rate

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

Quick reference: MTL to NGN

1 MTL 3,987.80 NGN
5 MTL 19,939.00 NGN
10 MTL 39,878.00 NGN
50 MTL 199,390.00 NGN
100 MTL 398,780.00 NGN
500 MTL 1,993,900.00 NGN
1,000 MTL 3,987,800.00 NGN
5,000 MTL 19,939,000.00 NGN

Real cost of MTL → 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 MTL
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

MTL — Maltese Lira
ISO Code MTL
Central Bank Central Bank of Malta
Common Notes 2, 5, 10, 20 liri
Learn more about MTL
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.

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