Rand to Naira Black Market Rate
Rand to Naira Black Market (Lagos) Rate Chart
Daily Rand to Naira Black Market (Lagos) Review
South African Rand is being traded at ₦45 in Black Market (Lagos) today, August 02, 2021. Initial ZAR rate was noted as ₦40 at the beginning of last week on Monday, July 26, 2021. This equals to a 12.50% rise for Rand to Naira exchange rate for since last week so far.
When we look at the rates monthly, we see that Rand to Naira exchange rate was ₦40 on Thursday, July 01, 2021 at the beginning of July. With Rand being traded at ₦45 now, we see a 12.50% increase for South African Rand to Naira exchange rates since the begining of last July.
Comment on South African Rand to Naira Rates
Convert Rand to Naira in Black Market
| Rand | Naira |
|---|---|
| 1 Rand to Naira | ₦ 45 |
| 5 Rands to Naira | ₦ 225 |
| 10 Rands to Naira | ₦ 450 |
| 20 Rands to Naira | ₦ 900 |
| 50 Rands to Naira | ₦ 2,250 |
| 100 Rands to Naira | ₦ 4,500 |
| 200 Rands to Naira | ₦ 9,000 |
| 500 Rands to Naira | ₦ 22,500 |
| 1000 Rands to Naira | ₦ 45,000 |
| 2000 Rands to Naira | ₦ 90,000 |
| 5000 Rands to Naira | ₦ 225,000 |
Rand to Naira Black Market sell rates are used in calculating the Rand to Naira conversion table.
Naira to Rand Black Market Rate
- Sell: ₦ 1 = R 0.02857
- Buy: ₦ 1 = R 0.02222
- Previous Day Comparison
- Change: R 0
- % Change: 0.00%
Convert Naira to Rand in Black Market
| Naira | Rand |
|---|---|
| 1 Naira to Rand | R 0.0286 |
| 5 Nairas to Rand | R 0.1429 |
| 10 Nairas to Rand | R 0.2857 |
| 20 Nairas to Rand | R 0.5714 |
| 50 Nairas to Rand | R 1.4285 |
| 100 Nairas to Rand | R 2.857 |
| 200 Nairas to Rand | R 5.714 |
| 500 Nairas to Rand | R 14.285 |
| 1000 Nairas to Rand | R 28.57 |
| 5000 Nairas to Rand | R 142.85 |
Rand to Naira Black Market buy rates are used in calculating the Naira to Rand conversion table.
Nigeria Economy Articles
31/12/2020 11:30
Foreign currencies to Naira exchange rates have been very stable in the beginning of 2020 until mid-...
23/01/2020 16:00
Nigerian Naira continued to gain value against most of the foreign currencies in the second half of ...
