Convert NGN to ISK — live rate

Convert Nigerian Nairas to Icelandic Krónas and compare the real cost of sending money.

NGN
ISK
1 NGN = 0.0910 ISK Mid-market rate
Updated just now
Compare transfers for NGN → ISK
No signup required FCA-regulated providers only

Historical NGN/ISK exchange rate

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

Quick reference: NGN to ISK

1 NGN 0.09 ISK
5 NGN 0.45 ISK
10 NGN 0.91 ISK
50 NGN 4.55 ISK
100 NGN 9.10 ISK
500 NGN 45.49 ISK
1,000 NGN 90.98 ISK
5,000 NGN 454.90 ISK

Real cost of NGN → ISK

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 NGN
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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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
ISK — Icelandic Króna
ISO Code ISK
Symbol kr
Central Bank Central Bank of Iceland
Common Notes kr500, kr1000, kr2000, kr5000
Learn more about ISK

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