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 4 May, 9:38 pm WAT Convert ZAR →

Black Market Rate

BDC · ZAR/NGN

Live

Buy

₦83.14

Sell

₦84.42

Official CBN Rate

NAFEM · ZAR/NGN

CBN

Buy

₦82.89

Sell

₦82.89

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 4 May, 9:38 pm WAT, BDC operators are buying ZAR at ₦83.14 and selling at ₦84.42. The spread (the difference between buy and sell) is ₦1.28 per ZAR. The official CBN rate for ZAR/NGN is ₦82.89.

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 ₦2 per ZAR.

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

ZAR Amount

→

NGN Result

₦83.14

1 ZAR = ₦83.14 black market buy rate

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Other Black Market Rates Today

Canadian Dollar

Australian Dollar

S. African Rand to Naira Conversion: ZAR1 to ZAR100

ZAR Amount	Buy (₦)	Sell (₦)
ZAR1	₦83.14	₦84.42
ZAR2	₦166.28	₦168.84
ZAR3	₦249.42	₦253.26
ZAR4	₦332.56	₦337.68
ZAR5	₦415.70	₦422.10
ZAR6	₦498.84	₦506.52
ZAR7	₦581.98	₦590.94
ZAR8	₦665.12	₦675.36
ZAR9	₦748.26	₦759.78
ZAR10	₦831.40	₦844.20
ZAR11	₦914.54	₦928.62
ZAR12	₦997.68	₦1,013.04
ZAR13	₦1,080.82	₦1,097.46
ZAR14	₦1,163.96	₦1,181.88
ZAR15	₦1,247.10	₦1,266.30
ZAR16	₦1,330.24	₦1,350.72
ZAR17	₦1,413.38	₦1,435.14
ZAR18	₦1,496.52	₦1,519.56
ZAR19	₦1,579.66	₦1,603.98
ZAR20	₦1,662.80	₦1,688.40
ZAR21	₦1,745.94	₦1,772.82
ZAR22	₦1,829.08	₦1,857.24
ZAR23	₦1,912.22	₦1,941.66
ZAR24	₦1,995.36	₦2,026.08
ZAR25	₦2,078.50	₦2,110.50
ZAR26	₦2,161.64	₦2,194.92
ZAR27	₦2,244.78	₦2,279.34
ZAR28	₦2,327.92	₦2,363.76
ZAR29	₦2,411.06	₦2,448.18
ZAR30	₦2,494.20	₦2,532.60
ZAR31	₦2,577.34	₦2,617.02
ZAR32	₦2,660.48	₦2,701.44
ZAR33	₦2,743.62	₦2,785.86
ZAR34	₦2,826.76	₦2,870.28
ZAR35	₦2,909.90	₦2,954.70
ZAR36	₦2,993.04	₦3,039.12
ZAR37	₦3,076.18	₦3,123.54
ZAR38	₦3,159.32	₦3,207.96
ZAR39	₦3,242.46	₦3,292.38
ZAR40	₦3,325.60	₦3,376.80
ZAR41	₦3,408.74	₦3,461.22
ZAR42	₦3,491.88	₦3,545.64
ZAR43	₦3,575.02	₦3,630.06
ZAR44	₦3,658.16	₦3,714.48
ZAR45	₦3,741.30	₦3,798.90
ZAR46	₦3,824.44	₦3,883.32
ZAR47	₦3,907.58	₦3,967.74
ZAR48	₦3,990.72	₦4,052.16
ZAR49	₦4,073.86	₦4,136.58
ZAR50	₦4,157.00	₦4,221.00
ZAR51	₦4,240.14	₦4,305.42
ZAR52	₦4,323.28	₦4,389.84
ZAR53	₦4,406.42	₦4,474.26
ZAR54	₦4,489.56	₦4,558.68
ZAR55	₦4,572.70	₦4,643.10
ZAR56	₦4,655.84	₦4,727.52
ZAR57	₦4,738.98	₦4,811.94
ZAR58	₦4,822.12	₦4,896.36
ZAR59	₦4,905.26	₦4,980.78
ZAR60	₦4,988.40	₦5,065.20
ZAR61	₦5,071.54	₦5,149.62
ZAR62	₦5,154.68	₦5,234.04
ZAR63	₦5,237.82	₦5,318.46
ZAR64	₦5,320.96	₦5,402.88
ZAR65	₦5,404.10	₦5,487.30
ZAR66	₦5,487.24	₦5,571.72
ZAR67	₦5,570.38	₦5,656.14
ZAR68	₦5,653.52	₦5,740.56
ZAR69	₦5,736.66	₦5,824.98
ZAR70	₦5,819.80	₦5,909.40
ZAR71	₦5,902.94	₦5,993.82
ZAR72	₦5,986.08	₦6,078.24
ZAR73	₦6,069.22	₦6,162.66
ZAR74	₦6,152.36	₦6,247.08
ZAR75	₦6,235.50	₦6,331.50
ZAR76	₦6,318.64	₦6,415.92
ZAR77	₦6,401.78	₦6,500.34
ZAR78	₦6,484.92	₦6,584.76
ZAR79	₦6,568.06	₦6,669.18
ZAR80	₦6,651.20	₦6,753.60
ZAR81	₦6,734.34	₦6,838.02
ZAR82	₦6,817.48	₦6,922.44
ZAR83	₦6,900.62	₦7,006.86
ZAR84	₦6,983.76	₦7,091.28
ZAR85	₦7,066.90	₦7,175.70
ZAR86	₦7,150.04	₦7,260.12
ZAR87	₦7,233.18	₦7,344.54
ZAR88	₦7,316.32	₦7,428.96
ZAR89	₦7,399.46	₦7,513.38
ZAR90	₦7,482.60	₦7,597.80
ZAR91	₦7,565.74	₦7,682.22
ZAR92	₦7,648.88	₦7,766.64
ZAR93	₦7,732.02	₦7,851.06
ZAR94	₦7,815.16	₦7,935.48
ZAR95	₦7,898.30	₦8,019.90
ZAR96	₦7,981.44	₦8,104.32
ZAR97	₦8,064.58	₦8,188.74
ZAR98	₦8,147.72	₦8,273.16
ZAR99	₦8,230.86	₦8,357.58
ZAR100	₦8,314.00	₦8,442.00

ZAR500 ZAR1,000 ZAR5,000 ZAR10,000