What is the current NGN to KRW exchange rate?

The current mid-market exchange rate is 1 NGN = 1.1132 KRW. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best NGN to KRW rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert NGN to KRW?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the NGN/KRW rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert NGN to KRW — live rate

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

You send

NGN

They receive

KRW

1 NGN = 1.1132 KRW • Mid-market rate

Updated just now

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Historical NGN/KRW exchange rate

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

Quick reference: NGN to KRW

1 NGN → 1.11 KRW

5 NGN → 5.57 KRW

10 NGN → 11.13 KRW

50 NGN → 55.66 KRW

100 NGN → 111.32 KRW

500 NGN → 556.62 KRW

1,000 NGN → 1,113.23 KRW

5,000 NGN → 5,566.15 KRW

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.

Convert NGN to KRW — live rate

Historical NGN/KRW exchange rate

Quick reference: NGN to KRW

Real cost of NGN → KRW

Estimated savings

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Currency snapshots