South African Rand to Naira Foreign Exchange Market Rates

Updated on 10:15 09/07/2020
South African Rand (ZAR)ZARNGN22.8693 0.96%Reverse Rate | NGN to ZAR1 NGN = 0.0437 ZAR
Previous Day Comparison
Change
+₦ 0.2184
% Change
+0.96%
Last 30 Days High/Low
Highest
₦ 23.278419 on 10-June-2020
Lowest
₦ 22.121037 on 21-June-2020
2020 High/Low
Highest
₦ 25.720778 on 02-January-2020
Lowest
₦ 19.681761 on 05-April-2020

ZAR to NGN Historical FX Market Rate Chart

Daily ZAR to NGN FX Market Review

South African Rand to Naira exchange rate is ₦22.8693 in Nigeria foreign exchange markets (FX markets) today, July 10, 2020. Initial South African Rand rate was noted as ₦22.7228 at the beginning of this week on Monday, July 06, 2020. This equals to a %0.64 increase for Rand to Naira exchange rate in FX markets for this week so far.

To have a monthly quick review, we see that South African Rand to Naira exchange rate was ₦22.4417 on Wednesday, July 01, 2020 at the beginning of July. As of today with ZAR being traded at ₦22.8693, we see a %1.91 rise for Rand to Naira exchange rates in FX markets 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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