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 19 Jun, 0:44 am WAT Convert ZAR →
ZA flag
Black Market Rate
BDC · ZAR/NGN
Live
Buy
₦85.65
Sell
₦86.78
Official CBN Rate
NAFEM · ZAR/NGN
CBN
Buy
₦83.46
Sell
₦83.46

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 19 Jun, 0:44 am WAT, BDC operators are buying ZAR at ₦85.65 and selling at ₦86.78. The spread (the difference between buy and sell) is ₦1.13 per ZAR. The official CBN rate for ZAR/NGN is ₦83.46.

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 every 30 minutes on AbokiFx.

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 ₦3 per ZAR.

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

₦85.65
1 ZAR = ₦85.65 black market buy rate

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Other Black Market Rates Today

S. African Rand to Naira Conversion: ZAR1 to ZAR100

ZAR AmountBuy (₦)Sell (₦)
ZAR1 ₦85.65 ₦86.78
ZAR2 ₦171.30 ₦173.56
ZAR3 ₦256.95 ₦260.34
ZAR4 ₦342.60 ₦347.12
ZAR5 ₦428.25 ₦433.90
ZAR6 ₦513.90 ₦520.68
ZAR7 ₦599.55 ₦607.46
ZAR8 ₦685.20 ₦694.24
ZAR9 ₦770.85 ₦781.02
ZAR10 ₦856.50 ₦867.80
ZAR11 ₦942.15 ₦954.58
ZAR12 ₦1,027.80 ₦1,041.36
ZAR13 ₦1,113.45 ₦1,128.14
ZAR14 ₦1,199.10 ₦1,214.92
ZAR15 ₦1,284.75 ₦1,301.70
ZAR16 ₦1,370.40 ₦1,388.48
ZAR17 ₦1,456.05 ₦1,475.26
ZAR18 ₦1,541.70 ₦1,562.04
ZAR19 ₦1,627.35 ₦1,648.82
ZAR20 ₦1,713.00 ₦1,735.60
ZAR21 ₦1,798.65 ₦1,822.38
ZAR22 ₦1,884.30 ₦1,909.16
ZAR23 ₦1,969.95 ₦1,995.94
ZAR24 ₦2,055.60 ₦2,082.72
ZAR25 ₦2,141.25 ₦2,169.50
ZAR26 ₦2,226.90 ₦2,256.28
ZAR27 ₦2,312.55 ₦2,343.06
ZAR28 ₦2,398.20 ₦2,429.84
ZAR29 ₦2,483.85 ₦2,516.62
ZAR30 ₦2,569.50 ₦2,603.40
ZAR31 ₦2,655.15 ₦2,690.18
ZAR32 ₦2,740.80 ₦2,776.96
ZAR33 ₦2,826.45 ₦2,863.74
ZAR34 ₦2,912.10 ₦2,950.52
ZAR35 ₦2,997.75 ₦3,037.30
ZAR36 ₦3,083.40 ₦3,124.08
ZAR37 ₦3,169.05 ₦3,210.86
ZAR38 ₦3,254.70 ₦3,297.64
ZAR39 ₦3,340.35 ₦3,384.42
ZAR40 ₦3,426.00 ₦3,471.20
ZAR41 ₦3,511.65 ₦3,557.98
ZAR42 ₦3,597.30 ₦3,644.76
ZAR43 ₦3,682.95 ₦3,731.54
ZAR44 ₦3,768.60 ₦3,818.32
ZAR45 ₦3,854.25 ₦3,905.10
ZAR46 ₦3,939.90 ₦3,991.88
ZAR47 ₦4,025.55 ₦4,078.66
ZAR48 ₦4,111.20 ₦4,165.44
ZAR49 ₦4,196.85 ₦4,252.22
ZAR50 ₦4,282.50 ₦4,339.00
ZAR51 ₦4,368.15 ₦4,425.78
ZAR52 ₦4,453.80 ₦4,512.56
ZAR53 ₦4,539.45 ₦4,599.34
ZAR54 ₦4,625.10 ₦4,686.12
ZAR55 ₦4,710.75 ₦4,772.90
ZAR56 ₦4,796.40 ₦4,859.68
ZAR57 ₦4,882.05 ₦4,946.46
ZAR58 ₦4,967.70 ₦5,033.24
ZAR59 ₦5,053.35 ₦5,120.02
ZAR60 ₦5,139.00 ₦5,206.80
ZAR61 ₦5,224.65 ₦5,293.58
ZAR62 ₦5,310.30 ₦5,380.36
ZAR63 ₦5,395.95 ₦5,467.14
ZAR64 ₦5,481.60 ₦5,553.92
ZAR65 ₦5,567.25 ₦5,640.70
ZAR66 ₦5,652.90 ₦5,727.48
ZAR67 ₦5,738.55 ₦5,814.26
ZAR68 ₦5,824.20 ₦5,901.04
ZAR69 ₦5,909.85 ₦5,987.82
ZAR70 ₦5,995.50 ₦6,074.60
ZAR71 ₦6,081.15 ₦6,161.38
ZAR72 ₦6,166.80 ₦6,248.16
ZAR73 ₦6,252.45 ₦6,334.94
ZAR74 ₦6,338.10 ₦6,421.72
ZAR75 ₦6,423.75 ₦6,508.50
ZAR76 ₦6,509.40 ₦6,595.28
ZAR77 ₦6,595.05 ₦6,682.06
ZAR78 ₦6,680.70 ₦6,768.84
ZAR79 ₦6,766.35 ₦6,855.62
ZAR80 ₦6,852.00 ₦6,942.40
ZAR81 ₦6,937.65 ₦7,029.18
ZAR82 ₦7,023.30 ₦7,115.96
ZAR83 ₦7,108.95 ₦7,202.74
ZAR84 ₦7,194.60 ₦7,289.52
ZAR85 ₦7,280.25 ₦7,376.30
ZAR86 ₦7,365.90 ₦7,463.08
ZAR87 ₦7,451.55 ₦7,549.86
ZAR88 ₦7,537.20 ₦7,636.64
ZAR89 ₦7,622.85 ₦7,723.42
ZAR90 ₦7,708.50 ₦7,810.20
ZAR91 ₦7,794.15 ₦7,896.98
ZAR92 ₦7,879.80 ₦7,983.76
ZAR93 ₦7,965.45 ₦8,070.54
ZAR94 ₦8,051.10 ₦8,157.32
ZAR95 ₦8,136.75 ₦8,244.10
ZAR96 ₦8,222.40 ₦8,330.88
ZAR97 ₦8,308.05 ₦8,417.66
ZAR98 ₦8,393.70 ₦8,504.44
ZAR99 ₦8,479.35 ₦8,591.22
ZAR100 ₦8,565.00 ₦8,678.00
ZAR500 ZAR1,000 ZAR5,000 ZAR10,000