Convert NGN to SAR — live rate

Convert Nigerian Nairas to Saudi Riyals and compare the real cost of sending money.

NGN
SAR
1 NGN = 0.0028 SAR Mid-market rate
Updated just now
Compare transfers for NGN → SAR
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Historical NGN/SAR exchange rate

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

Quick reference: NGN to SAR

1 NGN 0.00 SAR
5 NGN 0.01 SAR
10 NGN 0.03 SAR
50 NGN 0.14 SAR
100 NGN 0.28 SAR
500 NGN 1.39 SAR
1,000 NGN 2.77 SAR
5,000 NGN 13.85 SAR

Real cost of NGN → SAR

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
SAR — Saudi Riyal
ISO Code SAR
Symbol
Central Bank Saudi Arabian Monetary Agency
Common Notes ﷼1, ﷼5, ﷼10, ﷼20, ﷼50, ﷼100, ﷼500
Learn more about SAR

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