South African Rand to Naira CBN - Central Bank of Nigeria Rates

Updated on 16:05 17/09/2020
South African Rand (ZAR)ZARNGNSell: 23.2799 -0.18%Buy: 23.2186Reverse Rate | NGN to ZAR1 NGN = 0.0430 ZAR
Previous Day Comparison
-₦ 0.0426
% Change
Last 30 Days High/Low
₦ 23.3225 on 16-Sep-2020
₦ 22.0298 on 21-Aug-2020
2020 High/Low
₦ 23.3225 on 16-Sep-2020
₦ 10.1878 on 20-Apr-2020

ZAR to NGN Historical CBN Rate Chart

Daily ZAR to NGN CBN Review

South African Rand to Naira exchange rate is set as ₦23.2799 by Central Bank of Nigeria (CBN) today, September 18, 2020. South African Rand rate has been set as ₦22.8005 by CBN when this week started on Monday, September 14, 2020. This corresponds to a %2.10 increase for South African Rand in CBN this week.

When we look at the whole month, South African Rand rate suggested by CBN was ₦22.8287 at the beginning of September on Tuesday, September 01, 2020. With Rand rate set at ₦23.2799 now, we see a %1.98 rise for Rand to Naira exchange rates in CBN for this September.

Comment on South African Rand to Naira Rates

Naira Currency Converter

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

Nigeria, having a dual exchange rate policy, is able to keep Naira rates rather stable compared to c...