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

Updated on 16:05 10/07/2020
South African Rand (ZAR)ZARNGNSell: 21.3407 -0.51%Buy: 21.2816Reverse Rate | NGN to ZAR1 NGN = 0.0469 ZAR
Previous Day Comparison
-₦ 0.1087
% Change
Last 30 Days High/Low
₦ 21.8325 on 10-June-2020
₦ 20.7101 on 25-June-2020
2020 High/Low
₦ 21.8948 on 02-January-2020
₦ 10.1878 on 20-April-2020

ZAR to NGN Historical CBN Rate Chart

Daily ZAR to NGN CBN Review

South African Rand rate is ₦21.3407 announced by Central Bank of Nigeria (CBN) today, July 10, 2020. Initial ZAR rate was noted as ₦21.1606 at the beginning of this week on Monday, July 06, 2020. This corresponds to a %0.85 increase for South African Rand in CBN this week.

When we look at the whole month, we see that Rand rate started July at ₦20.9523 on Wednesday, July 01, 2020. As of today with Rand seen at ₦21.3407, we see a %1.85 increase for South African Rand to Naira exchange rates in CBN for this July.

Comment on South African Rand to Naira Rates

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...

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