Nigerian Naira (₦) to Mexican Peso (MX$) Conversion
| Currency | Amount | Variation (%) |
|---|---|---|
 NGN | 1 | - |
 MXN | 0.0126 | -0.4505% |
 USD | 0.0007 | -0.3524% |
 EUR | 0.0006 | -0.1399% |
 GBP | 0.0005 | -0.1871% |
 JPY | 0.115 | -0.1291% |
 CAD | 0.001 | -0.3881% |
 BRL | 0.0036 | -0.1954% |
 CNY | 0.0049 | -0.3914% |
 AUD | 0.001 | -0.4408% |
 CHF | 0.0006 | -0.1736% |
Updated: May 13, 2026
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, Africa's most populous country and largest economy by nominal GDP. Managed by the Central Bank of Nigeria, the naira has experienced significant depreciation in recent years following the unification of multiple exchange rate windows in 2023. Nigeria is a major oil producer and OPEC member, making the naira heavily exposed to global oil price volatility. The naira symbol (₦) was designed by Alhaji Abubakar Usman and adopted when the naira replaced the pound in 1973.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico and the most traded Latin American currency after the Brazilian Real. The current peso was introduced in 1993 as the Nuevo Peso, replacing the old peso at a rate of 1:1,000 to end the confusion caused by decades of high inflation. Mexico's close economic integration with the United States — formalised by NAFTA (now USMCA) — means the MXN is highly sensitive to US Federal Reserve policy, trade developments, and oil prices, since Mexico is a significant oil producer.
Frequently Asked Questions (FAQ)
How many Mexican Peso are in 1 Nigerian Naira?
1 Nigerian Naira (₦) is exactly 1 Mexican Peso (MX$).
How do I convert Nigerian Naira to Mexican Peso?
Multiply the value in Nigerian Naira by 1 to get the result in Mexican Peso. Or use the converter above — type any number and see the result instantly.