CURRENCYHUB

Historical Exchange Rates

NGN to ZAR Historical Exchange Rates

Review date-based historical exchange-rate data for Nigerian Naira and South African Rand. This page is designed for historical lookup, not current conversion.

1. Choose currencies
2. Choose a date or range
3. Enter an amount

Showing the 30D range. Providers may omit weekends, holidays or dates without published data.

Requested dateRange view
Actual published date
Reference rate1 NGN = 0.0123827 ZAR
Converted amount0.012383 ZAR

Data source: Frankfurter | Rate date:

Historical Chart

NGN/ZAR range data

Historical result1 NGN = 0.012383 ZAR

1 NGN = 0.0123827 ZAR on

High0.0125113
Low0.01220278
Average0.01237425
Change+1.47%

Monthly and annual reference summary

Calculated from available daily provider observations for 2026-10 and 2026.

Monthly average0.0124372412 observations
Annual average0.01197691203 observations
Month-end published rate0.01238272026-10-16
Most recent available rows
DateRate
2026-09-281 NGN = 0.01230795 ZAR
2026-09-291 NGN = 0.01233857 ZAR
2026-09-301 NGN = 0.01232191 ZAR
2026-10-011 NGN = 0.0123945 ZAR
2026-10-021 NGN = 0.01249201 ZAR
2026-10-051 NGN = 0.0125113 ZAR
2026-10-061 NGN = 0.01245927 ZAR
2026-10-071 NGN = 0.01247743 ZAR
2026-10-081 NGN = 0.01249878 ZAR
2026-10-091 NGN = 0.01244119 ZAR
2026-10-121 NGN = 0.01241658 ZAR
2026-10-131 NGN = 0.01238632 ZAR
2026-10-141 NGN = 0.01237056 ZAR
2026-10-151 NGN = 0.01241631 ZAR
2026-10-161 NGN = 0.0123827 ZAR

Historical trend summary

Observed changes in NGN/ZAR

30 days+1.20% to
3 months+4.22% to

Across 20 provider observations from to , NGN/ZAR finished above its first observation. The observed change was +1.47%.

The lowest observed rate was 1 NGN = 0.01220278 ZAR on . The highest was 1 NGN = 0.0125113 ZAR on . These statements describe the selected data only and are not a forecast.

Historical Context

Understanding NGN/ZAR historical data

NGN/ZAR records how many south african rand 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.