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 17 Sept, 6:30 am WAT Convert ZAR →

Black Market Rate

BDC · ZAR/NGN

Live

Buy

₦74.80

Sell

₦89.75

Official CBN Rate

NAFEM · ZAR/NGN

CBN

Buy

₦81.45

Sell

₦81.45

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 17 Sept, 6:30 am WAT, BDC operators are buying ZAR at ₦74.80 and selling at ₦89.75. The spread (the difference between buy and sell) is ₦14.95 per ZAR. The official CBN rate for ZAR/NGN is ₦81.45.

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 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 ₦8 per ZAR.

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

ZAR Amount

→

NGN Result

₦74.80

1 ZAR = ₦74.80 black market buy rate

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S. African Rand to Naira Conversion: ZAR1 to ZAR100

ZAR Amount	Buy (₦)	Sell (₦)
ZAR1	₦74.80	₦89.75
ZAR2	₦149.60	₦179.50
ZAR3	₦224.40	₦269.25
ZAR4	₦299.20	₦359.00
ZAR5	₦374.00	₦448.75
ZAR6	₦448.80	₦538.50
ZAR7	₦523.60	₦628.25
ZAR8	₦598.40	₦718.00
ZAR9	₦673.20	₦807.75
ZAR10	₦748.00	₦897.50
ZAR11	₦822.80	₦987.25
ZAR12	₦897.60	₦1,077.00
ZAR13	₦972.40	₦1,166.75
ZAR14	₦1,047.20	₦1,256.50
ZAR15	₦1,122.00	₦1,346.25
ZAR16	₦1,196.80	₦1,436.00
ZAR17	₦1,271.60	₦1,525.75
ZAR18	₦1,346.40	₦1,615.50
ZAR19	₦1,421.20	₦1,705.25
ZAR20	₦1,496.00	₦1,795.00
ZAR21	₦1,570.80	₦1,884.75
ZAR22	₦1,645.60	₦1,974.50
ZAR23	₦1,720.40	₦2,064.25
ZAR24	₦1,795.20	₦2,154.00
ZAR25	₦1,870.00	₦2,243.75
ZAR26	₦1,944.80	₦2,333.50
ZAR27	₦2,019.60	₦2,423.25
ZAR28	₦2,094.40	₦2,513.00
ZAR29	₦2,169.20	₦2,602.75
ZAR30	₦2,244.00	₦2,692.50
ZAR31	₦2,318.80	₦2,782.25
ZAR32	₦2,393.60	₦2,872.00
ZAR33	₦2,468.40	₦2,961.75
ZAR34	₦2,543.20	₦3,051.50
ZAR35	₦2,618.00	₦3,141.25
ZAR36	₦2,692.80	₦3,231.00
ZAR37	₦2,767.60	₦3,320.75
ZAR38	₦2,842.40	₦3,410.50
ZAR39	₦2,917.20	₦3,500.25
ZAR40	₦2,992.00	₦3,590.00
ZAR41	₦3,066.80	₦3,679.75
ZAR42	₦3,141.60	₦3,769.50
ZAR43	₦3,216.40	₦3,859.25
ZAR44	₦3,291.20	₦3,949.00
ZAR45	₦3,366.00	₦4,038.75
ZAR46	₦3,440.80	₦4,128.50
ZAR47	₦3,515.60	₦4,218.25
ZAR48	₦3,590.40	₦4,308.00
ZAR49	₦3,665.20	₦4,397.75
ZAR50	₦3,740.00	₦4,487.50
ZAR51	₦3,814.80	₦4,577.25
ZAR52	₦3,889.60	₦4,667.00
ZAR53	₦3,964.40	₦4,756.75
ZAR54	₦4,039.20	₦4,846.50
ZAR55	₦4,114.00	₦4,936.25
ZAR56	₦4,188.80	₦5,026.00
ZAR57	₦4,263.60	₦5,115.75
ZAR58	₦4,338.40	₦5,205.50
ZAR59	₦4,413.20	₦5,295.25
ZAR60	₦4,488.00	₦5,385.00
ZAR61	₦4,562.80	₦5,474.75
ZAR62	₦4,637.60	₦5,564.50
ZAR63	₦4,712.40	₦5,654.25
ZAR64	₦4,787.20	₦5,744.00
ZAR65	₦4,862.00	₦5,833.75
ZAR66	₦4,936.80	₦5,923.50
ZAR67	₦5,011.60	₦6,013.25
ZAR68	₦5,086.40	₦6,103.00
ZAR69	₦5,161.20	₦6,192.75
ZAR70	₦5,236.00	₦6,282.50
ZAR71	₦5,310.80	₦6,372.25
ZAR72	₦5,385.60	₦6,462.00
ZAR73	₦5,460.40	₦6,551.75
ZAR74	₦5,535.20	₦6,641.50
ZAR75	₦5,610.00	₦6,731.25
ZAR76	₦5,684.80	₦6,821.00
ZAR77	₦5,759.60	₦6,910.75
ZAR78	₦5,834.40	₦7,000.50
ZAR79	₦5,909.20	₦7,090.25
ZAR80	₦5,984.00	₦7,180.00
ZAR81	₦6,058.80	₦7,269.75
ZAR82	₦6,133.60	₦7,359.50
ZAR83	₦6,208.40	₦7,449.25
ZAR84	₦6,283.20	₦7,539.00
ZAR85	₦6,358.00	₦7,628.75
ZAR86	₦6,432.80	₦7,718.50
ZAR87	₦6,507.60	₦7,808.25
ZAR88	₦6,582.40	₦7,898.00
ZAR89	₦6,657.20	₦7,987.75
ZAR90	₦6,732.00	₦8,077.50
ZAR91	₦6,806.80	₦8,167.25
ZAR92	₦6,881.60	₦8,257.00
ZAR93	₦6,956.40	₦8,346.75
ZAR94	₦7,031.20	₦8,436.50
ZAR95	₦7,106.00	₦8,526.25
ZAR96	₦7,180.80	₦8,616.00
ZAR97	₦7,255.60	₦8,705.75
ZAR98	₦7,330.40	₦8,795.50
ZAR99	₦7,405.20	₦8,885.25
ZAR100	₦7,480.00	₦8,975.00