How much is 1 NGN to ZAR today?

As of February 24, 2025, the exchange rate from 1 Nigerian Naira (NGN) to South African Rand (ZAR) is 0.01. Therefore, ₦1 converts to R0.01. Rates are sourced from Currency.Wiki for real-time accuracy.

NGN to ZAR Exchange Rate

Convert 1 Nigerian Naira to South African Rand instantly. With Currency.Wiki browser extensions (Chrome and Edge extensions) or Android app, accurate rates are always at your fingertips.

Updated 3 minutes ago on February 24 2025, at 15:23:40 UTC.

NGN =

ZAR

Nigerian Naira = South African Rand

Trending: ₦ exchange rates for the last 24 hours

NGN/ZAR Exchange Rate Overview

The Nigerian Naira Performance Against the South African Rand: Over the last 90 days, the Nigerian Naira has strengthened by 12.27% against the South African Rand, moving from R0.0108 to R0.0123 for each Nigerian Naira. This trend highlights the evolving economic relationship between Nigeria and Lesotho, Namibia, South Africa.

Note: This rate indicates how many Nigerian Naira one South African Rand can buy.

Trade Trends: Changes in trade flows between Nigeria and Lesotho, Namibia, South Africa may have impacted demand for Nigerian Naira.
Economic Performance: Indicators like GDP, employment, or inflation in Nigeria or Lesotho, Namibia, South Africa can influence currency values.
Policy Shifts: Monetary or fiscal policies in Nigeria, such as interest rate changes, may affect investment in Nigerian Naira.
Global Market Dynamics: Worldwide events, such as geopolitical tensions or market fluctuations, often influence exchange rates.

₦

Nigerian Naira Currency

Country:

Nigeria

Symbol:

₦

ISO Code:

NGN

Bank:

Central Bank of Nigeria

Interesting fact about Nigerian Naira

Africa’s largest economy by population, with oil exports dictating major currency inflows and volatility.

South African Rand Currency

Country:

Lesotho, Namibia, South Africa

Symbol:

ISO Code:

ZAR

Bank:

South African Reserve Bank

Interesting fact about South African Rand

Introduced in 1961, replacing the South African pound when the Republic was formed.

Quick Conversion Guide

Nigerian Nairas (NGN) to South African Rand (ZAR)
₦1 Nigerian Nairas R 0.01 South African Rand
₦10 Nigerian Nairas R 0.12 South African Rand
₦20 Nigerian Nairas R 0.25 South African Rand
₦30 Nigerian Nairas R 0.37 South African Rand
₦40 Nigerian Nairas R 0.49 South African Rand
₦50 Nigerian Nairas R 0.61 South African Rand
₦60 Nigerian Nairas R 0.74 South African Rand
₦70 Nigerian Nairas R 0.86 South African Rand
₦80 Nigerian Nairas R 0.98 South African Rand
₦90 Nigerian Nairas R 1.1 South African Rand
₦100 Nigerian Nairas R 1.23 South African Rand
₦200 Nigerian Nairas R 2.45 South African Rand
₦300 Nigerian Nairas R 3.68 South African Rand
₦400 Nigerian Nairas R 4.9 South African Rand
₦500 Nigerian Nairas R 6.13 South African Rand
₦600 Nigerian Nairas R 7.35 South African Rand
₦700 Nigerian Nairas R 8.58 South African Rand
₦800 Nigerian Nairas R 9.8 South African Rand
₦900 Nigerian Nairas R 11.03 South African Rand
₦1000 Nigerian Nairas R 12.26 South African Rand
₦2000 Nigerian Nairas R 24.51 South African Rand
₦3000 Nigerian Nairas R 36.77 South African Rand
₦4000 Nigerian Nairas R 49.02 South African Rand
₦5000 Nigerian Nairas R 61.28 South African Rand

South African Rand (ZAR) to Nigerian Nairas (NGN)
R1 South African Rand ₦ 81.6 Nigerian Nairas
R10 South African Rand ₦ 815.98 Nigerian Nairas
R20 South African Rand ₦ 1631.96 Nigerian Nairas
R30 South African Rand ₦ 2447.95 Nigerian Nairas
R40 South African Rand ₦ 3263.93 Nigerian Nairas
R50 South African Rand ₦ 4079.91 Nigerian Nairas
R60 South African Rand ₦ 4895.89 Nigerian Nairas
R70 South African Rand ₦ 5711.88 Nigerian Nairas
R80 South African Rand ₦ 6527.86 Nigerian Nairas
R90 South African Rand ₦ 7343.84 Nigerian Nairas
R100 South African Rand ₦ 8159.82 Nigerian Nairas
R200 South African Rand ₦ 16319.65 Nigerian Nairas
R300 South African Rand ₦ 24479.47 Nigerian Nairas
R400 South African Rand ₦ 32639.3 Nigerian Nairas
R500 South African Rand ₦ 40799.12 Nigerian Nairas
R600 South African Rand ₦ 48958.95 Nigerian Nairas
R700 South African Rand ₦ 57118.77 Nigerian Nairas
R800 South African Rand ₦ 65278.6 Nigerian Nairas
R900 South African Rand ₦ 73438.42 Nigerian Nairas
R1000 South African Rand ₦ 81598.25 Nigerian Nairas
R2000 South African Rand ₦ 163196.49 Nigerian Nairas
R3000 South African Rand ₦ 244794.74 Nigerian Nairas
R4000 South African Rand ₦ 326392.98 Nigerian Nairas
R5000 South African Rand ₦ 407991.23 Nigerian Nairas

Frequently Asked Questions

What is the exchange rate of NGN to ZAR today?

The exchange rate of Nigerian Naira (NGN) = 0.01 South African Rand (ZAR) as of February 24, 2025, at 3:23 PM UTC.

What factors influence the Nigerian Naira to South African Rand exchange rate?

The Nigerian Naira to South African Rand exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.

How often does the Nigerian Naira to South African Rand exchange rate fluctuate?

The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.

How often is the chart updated?

Our currency charts update in real-time during active forex market hours. On weekends, the exchange rate remains static, with the last Friday rate holding until trading resumes on Sunday evening (UTC). We also offer a decade of historical data for deeper insights. Check out our real-time charts for the NGN to ZAR exchange rate.

Can I predict the future Nigerian Naira to South African Rand rate?

While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.