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

Updated on 16:05 21/02/2020
South African Rand (ZAR)ZARNGNSell: 20.3114 -0.14%Buy: 20.2452Reverse Rate | NGN to ZAR1 NGN = 0.0492 ZAR
Previous Day Comparison
-₦ 0.0288
% Change
Last 30 Days High/Low
₦ 21.3782 on 24-January-2020
₦ 20.3114 on 21-February-2020
2020 High/Low
₦ 21.8948 on 02-January-2020
₦ 20.3114 on 21-February-2020

ZAR to NGN Historical CBN Rate Chart

Daily ZAR to NGN CBN Review

Announced South African Rand rate is ₦20.3114 against Naira by Central Bank of Nigeria (CBN) today, February 21, 2020. South African Rand rate has been set as ₦20.5943 by CBN when this week started on Monday, February 17, 2020. This makes a %1.37 decrease for Rand rate against Naira in CBN this week.

To have a monthly quick review, we see that ZAR to Naira exchange rate was ₦20.6296 on Monday, February 03, 2020 at the beginning of February. As of today with Rand seen at ₦20.3114, we see a %1.54 fall for Rand to Naira exchange rates in CBN for this February.

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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