Rand to Naira FX Market Rate

Updated on 21/09/2026

Exchange Rate:₦— —

Rand to Naira Foreign Exchange Market Sell Rate Chart

Rate unavailable

Rand to Naira FX Market Summary

Current reported ratesA current reported rate is not available.

Market movementThere is not enough recent reported data to calculate a change.

30-day position

Practical readingUse this reported rate as an indication, then confirm the amount, location, payment method, and any fees directly before a transaction.

The averages are calculated from user-submitted comments, not confirmed dealer quotes. Rates may differ by location, cash or transfer method, transaction size, and time of day; compare multiple sources before trading.

How to Read These Rates

Sell rate: the Naira amount quoted when buying Rand.
Buy rate: the Naira amount quoted when selling Rand.
Spread: the difference between the reported sell and buy rates.

Rate Comparison Details — Comparison data is unavailable.

Reverse RateNaira to Rand FX Market Rate
Value: ₦ 1 = R —
Daily Comparison

Change

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Change%

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See all South African Rand to Naira exchange rates >>

Daily Rand to Naira Foreign Exchange Market Review

South African Rand rate is ₦87.2206 against Naira in foreign exchange markets (FX markets) today, July 24, 2024. Initial Rand rate was noted as ₦88.9545 at the beginning of this week on Monday, July 22, 2024. This makes a 1.95% decrease for South African Rand rate against Naira in FX market this week.

When we look at the whole month, we see that South African Rand to Naira exchange rate was ₦84.1564 on Monday, July 01, 2024 at the beginning of July. With ZAR being traded at ₦87.2206 now, we see a 3.64% increase for ZAR to Naira exchange rates in FX markets for this July.

Comment on South African Rand to Naira FX Market Rates

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Haykins 12:02 25/08/2020

Thank you for this rate update. But pls where can I exchange my NGN to ZAR at the rate of 25NGN to 1 ZAR (at most).I am having a doubt if bank will allow that to happen easily due to lot of process one might go through :)

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