NGN / ZAR
Live market data
Naira / South African Rand
0.01250
ZAR
Updated 13 mins ago
Graph
Description
The Naira is the official currency of Nigeria, introduced in 1973 to replace the Nigerian pound. It is issued by the Central Bank of Nigeria and is denoted by the symbol ₦. One Naira is subdivided into 100 Kobo.
Banknotes are issued in 5, 10, 20, 50, 100, 200, 500 and 1000 Naira, while coins include 50 Kobo, 1 and 2 Naira. The 200 Naira note famously features the portrait of Nigeria’s first president, Nnamdi Azikiwe, a detail often highlighted by collectors.
Key Facts
| Market Code | NGN | |
| Currency Name | Naira | |
| Native Name | Naira | |
| Country | Nigeria | |
| Country Code | NG | |
| Demonym | Nigerian | |
| Sub-unit | Kobo | |
| Languages Spoken | English, Hausa, Yoruba, Igbo, Fulfulde | |
| Symbol | ₦ | |
| Issuer | Central Bank of Nigeria |
| Current Price | 0.01250 ZAR |
| 24h Ago Price | 0.01259 ZAR |
| 24h Change | -0.7% |
| Day Range | — |
| Year Range | — |
| YTD Change | — |
| Volatility | — |
| Previous Close | — |
| Open | — |
| Last Updated | 7 October 2026, 06:00:03 |