ZA flag ZAR/NGN

S. African Rand to Naira Black Market Rate Today

Live S. African Rand to Nigerian Naira exchange rate. Black market BDC rate cross-rated from USD and official rate from the Central Bank of Nigeria.

Updated 14 Nov, 0:07 pm WAT Convert ZAR →
ZA flag
Black Market Rate
BDC · ZAR/NGN
Live
Buy
₦70.21
Sell
₦80.09
Official CBN Rate
NAFEM · ZAR/NGN
CBN
Buy
₦80.03
Sell
₦80.03

Price history

Parallel market sell rate · daily close

ZAR/NGN Rate: Last 30 Days

Date Black Market Buy (₦) Black Market Sell (₦) CBN Official (₦)
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S. African Rand to Naira black market rate: key facts

As of 14 Nov, 0:07 pm WAT, BDC operators are buying ZAR at ₦70.21 and selling at ₦80.09. The spread (the difference between buy and sell) is ₦9.88 per ZAR. The official CBN rate for ZAR/NGN is ₦80.03.

How the ZAR/NGN black market rate is calculated

Nigeria's informal FX market is anchored to the US dollar. To price ZAR in naira, BDC operators take the USD/NGN parallel rate and apply the live ZAR/USD global cross-rate. This rate updates daily on AbokiRate.

Official CBN rate vs black market rate for ZAR

The CBN publishes an official rate for ZAR/NGN through the NAFEM window for regulated transactions. The black market rate is typically higher because official supply cannot meet demand. Today the gap between the two is approximately ₦0 per ZAR.

Quick S. African Rand to Naira Black Market Rate Converter Buy rate · ZAR to NGN

→
₦70.21
1 ZAR = ₦70.21 black market buy rate

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Other Black Market Rates Today

US flag
US Dollar
USD/NGN
Live
Buy
₦1,431.76
Sell
₦1,437.51
GB flag
British Pound
GBP/NGN
Live
Buy
₦1,860.71
Sell
₦1,880.36
EU flag
Euro
EUR/NGN
Live
Buy
₦1,531.90
Sell
₦1,556.60
CA flag
Canadian Dollar
CAD/NGN
Live
Buy
₦948.35
Sell
₦998.10
AU flag
Australian Dollar
AUD/NGN
Live
Buy
₦971.41
Sell
₦975.31
AE flag
UAE Dirham
AED/NGN
Live
Buy
₦349.49
Sell
₦369.40
CN flag
Chinese Yuan
CNY/NGN
Live
Buy
₦189.67
Sell
₦209.60
GH flag
Ghanaian Cedi
GHS/NGN
Live
Buy
₦99.77
Sell
₦114.72
CI flag
W. African CFA
XOF/NGN
Live
Buy
₦2.25
Sell
₦2.31

S. African Rand to Naira Conversion: ZAR1 to ZAR100

ZAR AmountBuy (₦)Sell (₦)
ZAR1 ₦70.21 ₦80.09
ZAR2 ₦140.42 ₦160.18
ZAR3 ₦210.63 ₦240.27
ZAR4 ₦280.84 ₦320.36
ZAR5 ₦351.05 ₦400.45
ZAR6 ₦421.26 ₦480.54
ZAR7 ₦491.47 ₦560.63
ZAR8 ₦561.68 ₦640.72
ZAR9 ₦631.89 ₦720.81
ZAR10 ₦702.10 ₦800.90
ZAR11 ₦772.31 ₦880.99
ZAR12 ₦842.52 ₦961.08
ZAR13 ₦912.73 ₦1,041.17
ZAR14 ₦982.94 ₦1,121.26
ZAR15 ₦1,053.15 ₦1,201.35
ZAR16 ₦1,123.36 ₦1,281.44
ZAR17 ₦1,193.57 ₦1,361.53
ZAR18 ₦1,263.78 ₦1,441.62
ZAR19 ₦1,333.99 ₦1,521.71
ZAR20 ₦1,404.20 ₦1,601.80
ZAR21 ₦1,474.41 ₦1,681.89
ZAR22 ₦1,544.62 ₦1,761.98
ZAR23 ₦1,614.83 ₦1,842.07
ZAR24 ₦1,685.04 ₦1,922.16
ZAR25 ₦1,755.25 ₦2,002.25
ZAR26 ₦1,825.46 ₦2,082.34
ZAR27 ₦1,895.67 ₦2,162.43
ZAR28 ₦1,965.88 ₦2,242.52
ZAR29 ₦2,036.09 ₦2,322.61
ZAR30 ₦2,106.30 ₦2,402.70
ZAR31 ₦2,176.51 ₦2,482.79
ZAR32 ₦2,246.72 ₦2,562.88
ZAR33 ₦2,316.93 ₦2,642.97
ZAR34 ₦2,387.14 ₦2,723.06
ZAR35 ₦2,457.35 ₦2,803.15
ZAR36 ₦2,527.56 ₦2,883.24
ZAR37 ₦2,597.77 ₦2,963.33
ZAR38 ₦2,667.98 ₦3,043.42
ZAR39 ₦2,738.19 ₦3,123.51
ZAR40 ₦2,808.40 ₦3,203.60
ZAR41 ₦2,878.61 ₦3,283.69
ZAR42 ₦2,948.82 ₦3,363.78
ZAR43 ₦3,019.03 ₦3,443.87
ZAR44 ₦3,089.24 ₦3,523.96
ZAR45 ₦3,159.45 ₦3,604.05
ZAR46 ₦3,229.66 ₦3,684.14
ZAR47 ₦3,299.87 ₦3,764.23
ZAR48 ₦3,370.08 ₦3,844.32
ZAR49 ₦3,440.29 ₦3,924.41
ZAR50 ₦3,510.50 ₦4,004.50
ZAR51 ₦3,580.71 ₦4,084.59
ZAR52 ₦3,650.92 ₦4,164.68
ZAR53 ₦3,721.13 ₦4,244.77
ZAR54 ₦3,791.34 ₦4,324.86
ZAR55 ₦3,861.55 ₦4,404.95
ZAR56 ₦3,931.76 ₦4,485.04
ZAR57 ₦4,001.97 ₦4,565.13
ZAR58 ₦4,072.18 ₦4,645.22
ZAR59 ₦4,142.39 ₦4,725.31
ZAR60 ₦4,212.60 ₦4,805.40
ZAR61 ₦4,282.81 ₦4,885.49
ZAR62 ₦4,353.02 ₦4,965.58
ZAR63 ₦4,423.23 ₦5,045.67
ZAR64 ₦4,493.44 ₦5,125.76
ZAR65 ₦4,563.65 ₦5,205.85
ZAR66 ₦4,633.86 ₦5,285.94
ZAR67 ₦4,704.07 ₦5,366.03
ZAR68 ₦4,774.28 ₦5,446.12
ZAR69 ₦4,844.49 ₦5,526.21
ZAR70 ₦4,914.70 ₦5,606.30
ZAR71 ₦4,984.91 ₦5,686.39
ZAR72 ₦5,055.12 ₦5,766.48
ZAR73 ₦5,125.33 ₦5,846.57
ZAR74 ₦5,195.54 ₦5,926.66
ZAR75 ₦5,265.75 ₦6,006.75
ZAR76 ₦5,335.96 ₦6,086.84
ZAR77 ₦5,406.17 ₦6,166.93
ZAR78 ₦5,476.38 ₦6,247.02
ZAR79 ₦5,546.59 ₦6,327.11
ZAR80 ₦5,616.80 ₦6,407.20
ZAR81 ₦5,687.01 ₦6,487.29
ZAR82 ₦5,757.22 ₦6,567.38
ZAR83 ₦5,827.43 ₦6,647.47
ZAR84 ₦5,897.64 ₦6,727.56
ZAR85 ₦5,967.85 ₦6,807.65
ZAR86 ₦6,038.06 ₦6,887.74
ZAR87 ₦6,108.27 ₦6,967.83
ZAR88 ₦6,178.48 ₦7,047.92
ZAR89 ₦6,248.69 ₦7,128.01
ZAR90 ₦6,318.90 ₦7,208.10
ZAR91 ₦6,389.11 ₦7,288.19
ZAR92 ₦6,459.32 ₦7,368.28
ZAR93 ₦6,529.53 ₦7,448.37
ZAR94 ₦6,599.74 ₦7,528.46
ZAR95 ₦6,669.95 ₦7,608.55
ZAR96 ₦6,740.16 ₦7,688.64
ZAR97 ₦6,810.37 ₦7,768.73
ZAR98 ₦6,880.58 ₦7,848.82
ZAR99 ₦6,950.79 ₦7,928.91
ZAR100 ₦7,021.00 ₦8,009.00
ZAR500 ZAR1,000 ZAR5,000 ZAR10,000