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

Updated on 16:05 03/04/2020
South African Rand (ZAR)ZARNGNSell: 19.1991 -1.58%Buy: 19.1459Reverse Rate | NGN to ZAR1 NGN = 0.0521 ZAR
Previous Day Comparison
-₦ 0.3081
% Change
Last 30 Days High/Low
₦ 20.8331 on 20-March-2020
₦ 17.6524 on 19-March-2020
2020 High/Low
₦ 21.8948 on 02-January-2020
₦ 17.6524 on 19-March-2020

ZAR to NGN Historical CBN Rate Chart

Daily ZAR to NGN CBN Review

Suggested South African Rand trade rate is ₦19.1991 according to Central Bank of Nigeria (CBN) today, April 03, 2020. ZAR started this week at ₦20.1541 in CBN exchange rate lists on Monday, March 30, 2020. This makes a %4.74 decrease for Rand rate against Naira in CBN this week.

To have a monthly quick review, Rand to Naira exchange rate was noted as ₦19.6026 in CBN lists on Monday, March 02, 2020 at the start of last month. With ZAR rate set at ₦19.1991 now, we see a %2.06 fall for Rand to Naira exchange rates in CBN since the begining of last March.

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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