CURRENCY .wiki

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 March 31 2025, at 02:53:07 UTC.
1  NGN =
0.01 ZAR
1  Nigerian Naira = 0.012084  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 weakened by 0.96% against the South African Rand, declining from R0.0122 to R0.0121 for each Nigerian Naira. This trend reflects the changing economic dynamics 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

Interesting fact about Nigerian Naira

Rapid fintech growth and mobile payments expand financial inclusion, reshaping day-to-day transactions.

R

South African Rand Currency

Country:
Lesotho, Namibia, South Africa
Symbol:
R
ISO Code:
ZAR

Interesting fact about South African Rand

Banknotes show Nelson Mandela on the front and the 'Big Five' wildlife on the back.

Quick Conversion Guide
Nigerian Nairas (NGN) to South African Rand (ZAR)
₦1 Nigerian Nairas
R 0.01 South African Rand
R 0.12 South African Rand
R 0.24 South African Rand
R 0.36 South African Rand
R 0.48 South African Rand
R 0.6 South African Rand
R 0.73 South African Rand
R 0.85 South African Rand
R 0.97 South African Rand
R 1.09 South African Rand
R 1.21 South African Rand
R 2.42 South African Rand
R 3.63 South African Rand
R 4.83 South African Rand
R 6.04 South African Rand
R 7.25 South African Rand
R 8.46 South African Rand
R 9.67 South African Rand
R 10.88 South African Rand
R 12.08 South African Rand
R 24.17 South African Rand
R 36.25 South African Rand
R 48.34 South African Rand
R 60.42 South African Rand
South African Rand (ZAR) to Nigerian Nairas (NGN)
₦ 82.75 Nigerian Nairas
₦ 827.54 Nigerian Nairas
₦ 1655.09 Nigerian Nairas
₦ 2482.63 Nigerian Nairas
₦ 3310.18 Nigerian Nairas
₦ 4137.72 Nigerian Nairas
₦ 4965.27 Nigerian Nairas
₦ 5792.81 Nigerian Nairas
₦ 6620.36 Nigerian Nairas
₦ 7447.9 Nigerian Nairas
₦ 8275.45 Nigerian Nairas
₦ 16550.9 Nigerian Nairas
₦ 24826.34 Nigerian Nairas
₦ 33101.79 Nigerian Nairas
₦ 41377.24 Nigerian Nairas
₦ 49652.69 Nigerian Nairas
₦ 57928.14 Nigerian Nairas
₦ 66203.58 Nigerian Nairas
₦ 74479.03 Nigerian Nairas
₦ 82754.48 Nigerian Nairas
₦ 165508.96 Nigerian Nairas
₦ 248263.44 Nigerian Nairas
₦ 331017.92 Nigerian Nairas
₦ 413772.4 Nigerian Nairas

Frequently Asked Questions

The exchange rate of Nigerian Naira (NGN) = 0.01 South African Rand (ZAR) as of March 31, 2025, at 2:53 AM UTC.
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.
The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.
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.
While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.