100,000,000 NGN = 1,121,190 ZAR September 3, 2024 03:05 AM UTC
100,000,000 Nigerian Nairas are worth R1,121,190 today as of 3:05 AM UTC.Check the latest currency exchange rates for the Nigerian Naira, South African Rand and all major world currencies. Our currency converter is simple to use and also shows the latest currency rates.
Live NGN to ZAR Currency Converter
▼
▼
100,000,000Nigerian Nairas=1,121,190South African Rands
1 NGN = 0.01121 ZAR1 ZAR = 89.191 NGN
Last update 2024-9-3 3:05 AM UTC
InvertNGN to ZAR Conversion Chart
- 1M
- 3M
- 6M
- 1Y
- 3Y
- 5Y
This chart shows data from 2023-9-4 to 2024-9-2. The average exchange rate over this period was 0.01709 South African Rands per Nigerian Naira.
What was the highest NGN to ZAR exchange rate in the lastyear?
The high point for the NGN/ZAR ratewas 0.02569 South African Rands per Nigerian Naira on October 5, 2023.
What was the lowest NGN to ZAR exchange rate in the lastyear?
The low point was 0.01098 South African Rands per Nigerian Naira on August 1, 2024.
Is NGN up or down compared to ZAR in the lastyear?
The NGN/ZAR rate is down -55.73%. This means the Nigerian Naira has decreased in value compared to the South African Rand.
View History Table
NGN to ZAR Exchange Rates
| Last 30 Days | Last 90 Days | |
|---|---|---|
| High | R0.01175 | R0.01267 |
| Low | R0.01111 | R0.01098 |
| Avg | R0.01138 | R0.01166 |
| Volatility | -3.91% | -11.30% |
In the past 30 days, the NGN to ZAR exchange rate reached a high of 0.01175 and a low of 0.01111, with an average rate of 0.01138. The overall change in this period was -3.91%. Over the last 90 days, the NGN to ZAR exchange rate peaked at 0.01267 and dipped to a low of 0.01098, averaging 0.01166. The total change for this period was -11.30%. | ||
| Download History | ||
Conversion Rates Nigerian Naira/South African Rand
| Nigerian Naira | South African Rand |
| 100 NGN | 1.1212 ZAR |
| 500 NGN | 5.6060 ZAR |
| 1,000 NGN | 11.212 ZAR |
| 1,500 NGN | 16.818 ZAR |
| 2,000 NGN | 22.424 ZAR |
| 2,500 NGN | 28.030 ZAR |
| 5,000 NGN | 56.060 ZAR |
| 10,000 NGN | 112.12 ZAR |
| 50,000 NGN | 560.60 ZAR |
| 100,000 NGN | 1,121.19 ZAR |
| 250,000 NGN | 2,802.98 ZAR |
| 500,000 NGN | 5,605.95 ZAR |
| 1,000,000 NGN | 11,212 ZAR |
| 2,500,000 NGN | 28,030 ZAR |
| 5,000,000 NGN | 56,060 ZAR |
| 10,000,000 NGN | 112,119 ZAR |
Conversion Rates South African Rand/Nigerian Naira
| South African Rand | Nigerian Naira |
| 1 ZAR | 89.191 NGN |
| 5 ZAR | 445.95 NGN |
| 10 ZAR | 891.91 NGN |
| 15 ZAR | 1,337.86 NGN |
| 20 ZAR | 1,783.82 NGN |
| 25 ZAR | 2,229.77 NGN |
| 50 ZAR | 4,459.55 NGN |
| 100 ZAR | 8,919.09 NGN |
| 500 ZAR | 44,595 NGN |
| 1,000 ZAR | 89,191 NGN |
| 2,500 ZAR | 222,977 NGN |
| 5,000 ZAR | 445,955 NGN |
| 10,000 ZAR | 891,909 NGN |
| 25,000 ZAR | 2,229,773 NGN |
| 50,000 ZAR | 4,459,546 NGN |
| 100,000 ZAR | 8,919,093 NGN |
Nigerian Naira to South African Rand Rates by Year
To view rates between the Nigerian Naira and the South African Rand for a particular year, click on one of the links below.
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
Popular NGN Conversions
NGN to AED
NGN to AUD
NGN to BRL
NGN to CAD
NGN to CHF
NGN to CNY
NGN to CZK
NGN to DKK
NGN to EUR
NGN to GBP
NGN to HKD
NGN to HUF
NGN to IDR
NGN to ILS
NGN to INR
NGN to JPY
NGN to KRW
NGN to MXN
NGN to NOK
NGN to NZD
NGN to PLN
NGN to SAR
NGN to SEK
NGN to SGD
NGN to THB
NGN to TRY
NGN to TWD
NGN to USD
How to Convert Nigerian Nairas to South African Rands?
You can convert Nigerian Nairas to South African Rands using the exchange-rates.org currency converter in just one easy step: Enter the amount of NGN you want to convert to ZAR in the box labeled "Amount".
That's it! You’ll now see the value of the converted currency according to the most recent exchange rate.
Frequently Asked Question about NGN to ZAR
How much is 1 Nigerian Naira in South African Rands?
1 Nigerian Naira = 0.01121 South African Rands as of September 3, 2024 03:05 AM UTC.You can get live exchange rates between Nigerian Nairas and South African Rands using exchange-rates.org,which aggregates real-time forex data from the most authoritative sources.
How much is 100,000,000 Nigerian Nairas in South African Rands?
As of September 3, 2024 03:05 AM UTC, 100,000,000 Nigerian Nairas is equivalent to 1,121,190 South African Rands. The exchange rate at this time is 0.01121 South African Rands per Nigerian Naira.
What was the highest NGN to ZAR exchange rate in the last 10 years?
In the last 10 years, the highest rate from Nigerian Nairas to South African Rands was on January 10, 2016 when each Nigerian Naira was worth 0.08682 South African Rands.
When is the best time to convert NGN to ZAR?
The NGN and ZAR can be traded 24x5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York. Exchange rates can fluctuate by the minute while markets are open. However, the period between 3-4 PM GMT is often a good time to convert Nigerian Nairas to South African Rands because currency market liquidity and trading volume tend to be the highest during this time. Additionally, it's advisable to convert Nigerian Nairas to South African Rands early in the week if you need ZAR urgently. Executing a trade late in the week might result in a delayed settlement until the following week, as forex markets are closed on weekends.
Which is stronger, the Nigerian Naira or the South African Rand?
The South African Rand is currently stronger than the Nigerian Naira, as 1 ZAR is equal to 89.191 NGN.Conversely, 1 NGN is worth 0.01121 ZAR.
Is the Nigerian Naira up or down against the South African Rand?
The Nigerian Nairahas decreased -44.97%year-to-date against the South African Rand.Over the past 10 years, the Nigerian Nairahas declined -82.16%against the South African Rand.Consequently, the Nigerian Naira haslostpurchasing power compared to the South African Rand over the lastdecade.
What's the bestNGN toZAR exchange rate today?
As of September 3, 2024 03:05 AM UTC, the best NGN to ZAR exchange rate is 0.01121 ZAR. This means that for every Nigerian Naira you exchange, you will receive 0.01121 South African Rands.
Why Trust Us?
Exchange-rates.org has been a leading provider of currency, cryptocurrency and precious metal prices for nearly 20 years. Our information is trusted by millions of users across the globe each month . We have been featured in some of the most prestigious financial publications in the world including Business Insider, Investopedia, Washington Post, and CoinDesk.
We partner with leading data providers to bring you the latest and most accurate prices for all major currencies, cryptocurrencies and precious metals. The currency, cryptocurrency and precious metals prices displayed on our site are aggregated from millions of data points and pass through proprietary algorithms in order to deliver timely and accurate prices to our users.
Used and trusted by millions
of people.
Featured in reputable financial publications like Business Insider, Investopedia and Coindesk
Popular Conversions
20000 Yen to USD
400 Pesos to US Dollars
100 Million Won to USD
1500 Euros to US Dollars
3000 CAD to USD
600 Pesos to US Dollars
50 Million Won to USD
2000 Yen to USD
300 US Dollars to Pesos
1200 Euros to US Dollars
