Current ZAR-NGN mid-market exchange rate

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Today's ZAR-NGN commentary

The ZAR-NGN exchange rate is currently close to its minimal level of the last fourteen days. Its lowest value during this timeframe was ZAR 1 = NGN 29.9383 (only 0.41% lower than its current value of ZAR 1 = NGN 30.0597), attained. The stark contrast between the current low value of the ZAR-NGN exchange rate and the highest value (ZAR 1 = NGN 30.7375) recorded during the last two weeks means that, for example, sending 3,500 ZAR today converts to roughly 2,372 NGN less than if you had transferred your money at the most advantageous time of the past 14 days.

ZAR Profile

Name: South African rand

Symbol: R

Minor Unit: 1/100 Cent

Central Bank: South African Reserve Bank

Country(ies): Lesotho, Namibia, South Africa

Rank in the most traded currencies: #20

NGN Profile

Name: Nigerian naira


Minor Unit: 1/100 Kobo

Central Bank: Central Bank of Nigeria

Country(ies): Nigeria