Historical Exchange Rates
NGN to MAD Historical Exchange Rates
Review date-based historical exchange-rate data for Nigerian Naira and Moroccan Dirham. This page is designed for historical lookup, not current conversion.
Showing the 3M range. Providers may omit weekends, holidays or dates without published data.
Data source: Frankfurter | Rate date:
Historical Chart
NGN/MAD range data
1 NGN = 0.0068796482 MAD on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-07 and 2026.
| Date | Rate |
|---|---|
| 2026-07-08 | 1 NGN = 0.0068212466 MAD |
| 2026-07-09 | 1 NGN = 0.0067985844 MAD |
| 2026-07-10 | 1 NGN = 0.0067917039 MAD |
| 2026-07-13 | 1 NGN = 0.0067335219 MAD |
| 2026-07-14 | 1 NGN = 0.0067282179 MAD |
| 2026-07-15 | 1 NGN = 0.0067632567 MAD |
| 2026-07-16 | 1 NGN = 0.0067550423 MAD |
| 2026-07-17 | 1 NGN = 0.0067218939 MAD |
| 2026-07-20 | 1 NGN = 0.0067357124 MAD |
| 2026-07-21 | 1 NGN = 0.0067542081 MAD |
| 2026-07-22 | 1 NGN = 0.0068226141 MAD |
| 2026-07-23 | 1 NGN = 0.0068310377 MAD |
| 2026-07-24 | 1 NGN = 0.0068445418 MAD |
| 2026-07-27 | 1 NGN = 0.0068603356 MAD |
| 2026-07-28 | 1 NGN = 0.0068796482 MAD |
Historical trend summary
Observed changes in NGN/MAD
Across 63 provider observations from to , NGN/MAD finished above its first observation. The observed change was +3.09%.
The lowest observed rate was 1 NGN = 0.0066513289 MAD on . The highest was 1 NGN = 0.0068796482 MAD on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding NGN/MAD historical data
NGN/MAD records how many moroccan dirham units one nigerian naira represented at each provider publication. Both currencies are associated with Africa, but they remain separate monetary units with their own issuing and policy arrangements. The series can support dated price comparisons, cross-currency records and research into how the relationship changed over the selected period.
Observed movement can reflect relative inflation, economic activity, monetary-policy conditions, trade and demand for the two currencies. The monetary authorities responsible for each currency can operate under different policy frameworks. These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.
Exchange-rate information is provided for reference only and is not financial, trading or investment advice.
Source and calculation method
CurrencyHub preserves the requested date separately from the actual provider publication date. Monthly and annual averages are arithmetic means of available daily observations, and the month-end value is the final published observation in that calendar month. No missing weekend or holiday rate is invented or interpolated. Review the policy that applies to any accounting, tax or legal use.
Data interpretation note
These observations are reference rates for comparison and research, not bank execution prices. A requested weekend or holiday may have no publication because the provider follows its own release calendar; CurrencyHub identifies the actual published date instead of inventing or interpolating a value. Banks and payment services can use different processing dates, spreads and fees.