Convert NGN to KRW — live rate

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

NGN
KRW
1 NGN = 1.0663 KRW Mid-market rate
Updated just now
Compare transfers for NGN → KRW
No signup required FCA-regulated providers only

Historical NGN/KRW exchange rate

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

Quick reference: NGN to KRW

1 NGN 1.07 KRW
5 NGN 5.33 KRW
10 NGN 10.66 KRW
50 NGN 53.31 KRW
100 NGN 106.63 KRW
500 NGN 533.14 KRW
1,000 NGN 1,066.27 KRW
5,000 NGN 5,331.35 KRW

Real cost of NGN → KRW

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

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