Convert XAU to NGN — live rate

Convert Gold (troy ounce)s to Nigerian Nairas and compare the real cost of sending money.

XAU
NGN
1 XAU = 724347.0705 NGN Mid-market rate
Updated just now
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Historical XAU/NGN exchange rate

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

Quick reference: XAU to NGN

1 XAU 724,347.07 NGN
5 XAU 3,621,735.35 NGN
10 XAU 7,243,470.71 NGN
50 XAU 36,217,353.53 NGN
100 XAU 72,434,707.05 NGN
500 XAU 362,173,535.26 NGN
1,000 XAU 724,347,070.52 NGN
5,000 XAU 3,621,735,352.60 NGN

Real cost of XAU → NGN

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 XAU
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

XAU — Gold (troy ounce)
ISO Code XAU
Learn more about XAU
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

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