South African Rand to Naira Foreign Exchange Market Rates

Updated on 10:15 02/04/2020
South African Rand (ZAR)ZARNGN20.4307 -1.87%Reverse Rate | NGN to ZAR1 NGN = 0.0489 ZAR
Previous Day Comparison
-₦ 0.3898
% Change
Last 30 Days High/Low
₦ 23.745985 on 04-March-2020
₦ 20.430712 on 02-April-2020
2020 High/Low
₦ 25.720778 on 02-January-2020
₦ 20.430712 on 02-April-2020

ZAR to NGN Historical FX Market Rate Chart

Daily ZAR to NGN FX Market Review

South African Rand rate is ₦20.4307 against Naira in foreign exchange markets (FX markets) today, April 03, 2020. Rand started this week at ₦20.705 in foreign exchange markets on Monday, March 30, 2020. This equals to a %1.32 fall for ZAR to Naira exchange rate in FX markets for this week so far.

To have a monthly quick review, South African Rand to Naira exchange rate was noted as ₦23.349 on Monday, March 02, 2020 at the start of last month. As of today with Rand being traded at ₦20.4307, we see a %12.50 decrease for South African Rand to Naira exchange rates in FX markets 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...

Naira Currency Converter