What is the current NGN to PHP exchange rate?

The current mid-market exchange rate is 1 NGN = 0.0422 PHP. 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 PHP 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 PHP?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the NGN/PHP 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 PHP — live rate

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

You send

NGN

They receive

PHP

1 NGN = 0.0422 PHP • Mid-market rate

Updated just now

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Historical NGN/PHP exchange rate

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

Quick reference: NGN to PHP

1 NGN → 0.04 PHP

5 NGN → 0.21 PHP

10 NGN → 0.42 PHP

50 NGN → 2.11 PHP

100 NGN → 4.22 PHP

500 NGN → 21.10 PHP

1,000 NGN → 42.20 PHP

5,000 NGN → 211.00 PHP

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

PHP — Philippine Peso

ISO Code PHP

Symbol ₱

Central Bank Central Bank of the Philippines

Common Notes ₱20, ₱50, ₱100, ₱200, ₱500, ₱1000

Learn more about PHP

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

Convert NGN to PHP — live rate

Historical NGN/PHP exchange rate

Quick reference: NGN to PHP

Real cost of NGN → PHP

Estimated savings

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Currency snapshots