What is Naira?
The naira is the currency of Nigeria. One naira is divided into 100 kobo. The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federal Republic of Nigeria. It controls the volume of money supplied in the economy in order to ensure monetary and price stability
How Much Is Naira In south Africa?
0.0378 ZAR
Handy Conversion Data Table
| NIGERIAN-NAIRA TO SOUTH-AFRICAN-RANDS | SOUTH-AFRICAN-RANDS TO NIGERIAN-NAIRA | |
|---|---|---|
| 1 NGN | 0.0378 ZAR | 1 ZAR |
| 2 NGN | 0.0756 ZAR | 2 ZAR |
| 5 NGN | 0.1891 ZAR | 5 ZAR |
| 10 NGN | 0.3782 ZAR | 10 ZAR |
Is rands higher than Naira?
The naira is the currency of Nigeria. It is subdivided into 100 kobo. The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federation.
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Quick Conversions from South African Rand to Nigerian Naira : 1 ZAR = 26.41312 NGN.
| ZAR | NGN |
|---|---|
| R 10 | ₦ 264.13 |
| R 50 | ₦ 1,320.66 |
| R 100 | ₦ 2,641.31 |
| R 250 | ₦ 6,603.28 |
How can I send money from Nigeria to South Africa?
Open an account online with one of the money transfer operators of your choice. Set-up your transfer and provide your beneficiary bank details in Nigeria. Pay for your transfer in ZAR by wire transfer, debit or credit card. The money is on its way to Nigeria 💸
Which Nigerian bank is in South Africa?
Nigeria’s Access Bank has big plans for South Africa as it launches a new retail bank. Bennie van Rooy. The Access Bank Group has launched Access Bank South Africa. The Nigeria-headquartered bank acquired Grobank in March and will add retail banking operations to it.