Convert NGN to THB — live rate

Convert Nigerian Nairas to Thai Bahts and compare the real cost of sending money.

NGN
THB
1 NGN = 0.0228 THB Mid-market rate
Updated just now
Compare transfers for NGN → THB
No signup required FCA-regulated providers only

Historical NGN/THB exchange rate

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

Quick reference: NGN to THB

1 NGN 0.02 THB
5 NGN 0.11 THB
10 NGN 0.23 THB
50 NGN 1.14 THB
100 NGN 2.28 THB
500 NGN 11.41 THB
1,000 NGN 22.81 THB
5,000 NGN 114.05 THB

Real cost of NGN → THB

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
THB — Thai Baht
ISO Code THB
Symbol ฿
Central Bank Bank of Thailand
Common Notes ฿20, ฿50, ฿100, ฿500, ฿1000
Learn more about THB

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