Convert MXN to NGN — live rate

Convert Mexican Pesos to Nigerian Nairas and compare the real cost of sending money.

MXN
NGN
1 MXN = 78.4282 NGN • Mid-market rate
Updated just now
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Historical MXN/NGN exchange rate

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

Quick reference: MXN to NGN

1 MXN → 78.43 NGN
5 MXN → 392.14 NGN
10 MXN → 784.28 NGN
50 MXN → 3,921.41 NGN
100 MXN → 7,842.82 NGN
500 MXN → 39,214.10 NGN
1,000 MXN → 78,428.20 NGN
5,000 MXN → 392,141.00 NGN

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

*Estimate based on typical provider rates

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Currency snapshots

MXN — Mexican Peso
ISO Code MXN
Symbol $
Central Bank Bank of Mexico
Common Notes $20, $50, $100, $200, $500, $1000
Learn more about MXN
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.