Nigerian Naira (₦) to South African Rand (R) Conversion
| Currency | Amount | Variation (%) |
|---|---|---|
 NGN | 1 | - |
 ZAR | 0.012 | -0.5573% |
 USD | 0.0007 | -0.3524% |
 EUR | 0.0006 | -0.1399% |
 GBP | 0.0005 | -0.1871% |
 JPY | 0.115 | -0.1291% |
 CAD | 0.001 | -0.3881% |
 BRL | 0.0036 | -0.1954% |
 CNY | 0.0049 | -0.3914% |
 AUD | 0.001 | -0.4408% |
 CHF | 0.0006 | -0.1736% |
Updated: May 13, 2026
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, Africa's most populous country and largest economy by nominal GDP. Managed by the Central Bank of Nigeria, the naira has experienced significant depreciation in recent years following the unification of multiple exchange rate windows in 2023. Nigeria is a major oil producer and OPEC member, making the naira heavily exposed to global oil price volatility. The naira symbol (₦) was designed by Alhaji Abubakar Usman and adopted when the naira replaced the pound in 1973.
South African Rand
The South African Rand (ZAR) is the official currency of South Africa and is also accepted as legal tender in Lesotho, Eswatini, and Namibia. Introduced in 1961 to replace the pound at decimal independence, the rand takes its name from the Witwatersrand ridge where South Africa's gold deposits were discovered in 1886. The ZAR is a commodity currency heavily correlated with gold, platinum, and mining sector performance. It is the most traded African currency and is sensitive to global risk appetite.
Frequently Asked Questions (FAQ)
How many South African Rand are in 1 Nigerian Naira?
1 Nigerian Naira (₦) is exactly 1 South African Rand (R).
How do I convert Nigerian Naira to South African Rand?
Multiply the value in Nigerian Naira by 1 to get the result in South African Rand. Or use the converter above — type any number and see the result instantly.