Convert NGN to MXN — live rate

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

NGN
MXN
1 NGN = 0.0127 MXN Mid-market rate
Updated just now
Compare transfers for NGN → MXN
No signup required FCA-regulated providers only

Historical NGN/MXN exchange rate

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

Quick reference: NGN to MXN

1 NGN 0.01 MXN
5 NGN 0.06 MXN
10 NGN 0.13 MXN
50 NGN 0.63 MXN
100 NGN 1.27 MXN
500 NGN 6.34 MXN
1,000 NGN 12.68 MXN
5,000 NGN 63.41 MXN

Real cost of NGN → MXN

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

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