Rand to Naira Black Market Rate

Updated on 19:45 26/02/2021
South African Rand (ZAR)ZAR NGNGet Updates: OffSell: 29 0.00%Buy: 22Naira to Rand Exchange Rate₦ 1 = R 0.04545
Previous Day Comparison
% Change
0.00%
Last 30 Days High/Low
Highest
₦ 30 on 11/02/2021
Lowest
₦ 29 on 26/02/2021
Last 365 Days High/Low
Highest
₦ 31 on 22/01/2021
Lowest
₦ 29 on 26/02/2021

Rand to Naira Black Market (Lagos) Rate Chart

Daily Rand to Naira Black Market (Lagos) Review

South African Rand to Naira exchange rate is ₦29 in Nigeria Lagos Parallel Market today, February 26, 2021. Initial Rand rate was noted as ₦29 at the beginning of this week on Monday, February 22, 2021. This corresponds to no movement for South African Rand this week.

When we look at the whole month, ZAR to Naira exchange rate was noted as ₦30 as the Black Market opened on Monday, February 01, 2021 at the start of this month. As of today with Rand being traded at ₦29, we see a 3.33% fall for Rand to Naira exchange rates for this February.

Comment on South African Rand to Naira Rates


Convert Rand to Naira in Black Market

RandNaira
1 Rand to Naira₦ 29
5 Rands to Naira₦ 145
10 Rands to Naira₦ 290
20 Rands to Naira₦ 580
50 Rands to Naira₦ 1,450
100 Rands to Naira₦ 2,900
200 Rands to Naira₦ 5,800
500 Rands to Naira₦ 14,500
1000 Rands to Naira₦ 29,000
2000 Rands to Naira₦ 58,000
5000 Rands to Naira₦ 145,000

Rand to Naira Black Market sell rates are used in calculating the Rand to Naira conversion table.

Naira Currency Converter

Nigerian NairaSouth African Rand

Naira to Rand Black Market Rate

  • Sell: ₦ 1 = R 0.04545
  • Buy: ₦ 1 = R 0.03448
  • Previous Day Comparison
    • Change: R 0
    • % Change: 0.00%

Convert Naira to Rand in Black Market

NairaRand
1 Naira to RandR 0.0455
5 Nairas to RandR 0.2273
10 Nairas to RandR 0.4545
20 Nairas to RandR 0.909
50 Nairas to RandR 2.2725
100 Nairas to RandR 4.545
200 Nairas to RandR 9.09
500 Nairas to RandR 22.725
1000 Nairas to RandR 45.45
5000 Nairas to RandR 227.25

Rand to Naira Black Market buy rates are used in calculating the Naira to Rand conversion table.

Nigeria Economy Articles

Foreign currencies to Naira exchange rates have been very stable in the beginning of 2020 until mid-...

Nigerian Naira continued to gain value against most of the foreign currencies in the second half of ...