NGN to ZAR
Convert Nigerian Naira to South African Rand at today's exchange rate
Amount depth · Common NGN to ZAR Conversions
NGN → ZAR · ZAR → NGNTop Currency Pairs
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About the Exchange Rate
The NGN to ZAR exchange rate fluctuates based on economic factors, market sentiment, and geopolitical events. Our rates are updated every minute from reliable third-party data providers.
Key Points:
- • Exchange rates are updated every minute
- • Rates are mid-market (interbank) — the midpoint between buy and sell quotes
- • Historical data available for trend analysis
Market Insights
Over the past 30 days, the NGN/ZAR rate has changed by -3.15%. Exchange rates respond to interest rates, inflation, trade balances, and market sentiment — these figures describe past movement, not a forecast.
Frequently Asked Questions
As of November 5, 2026 at 12:25 AM UTC, 1 Nigerian Naira (NGN) equals 0.0122 South African Rand (ZAR). This mid-market rate is updated every minute on Currency.Wiki. Actual rates from banks may vary due to fees and spreads.
The NGN/ZAR exchange rate is influenced by central bank interest rate decisions, inflation rates, GDP growth, employment data, trade balances, and political stability. Market sentiment, geopolitical events, and investor confidence also cause daily fluctuations.
Exchange rates fluctuate constantly during trading hours (24/5 across global markets). Rates can change every second based on real-time transactions, with significant movements during economic announcements or central bank decisions.
Our exchange rates are updated every minute from reliable third-party foreign exchange data providers, with automatic fallback if a provider returns incomplete data. Historical charts show daily, weekly, monthly, and yearly trends.
The mid-market rate shown here is the fairest rate without markup. Banks and exchange services typically add fees and spreads. For the best rates, compare multiple providers, consider online transfer services, and avoid airport exchanges which often have higher markups.
Currency Information
Detailed information about the selected currencies
Nigerian Naira Currency
About NGNNational Unity on Notes
Nigerian banknotes feature various national figures and symbols representing the diverse ethnic groups and unity of the country.
South African Rand Currency
About ZARNamed After a Gold-Rich Ridge
The Rand is named after the Witwatersrand, the geographical ridge on which Johannesburg is built, famous for its massive gold deposits.
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