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, 1:44 am WAT Convert ZAR →
ZA flag
Black Market Rate
BDC · ZAR/NGN
Live
Buy
₦85.26
Sell
₦86.38
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 (₦)
Loading...

S. African Rand to Naira black market rate: key facts

As of 19 Jun, 1:44 am WAT, BDC operators are buying ZAR at ₦85.26 and selling at ₦86.38. The spread (the difference between buy and sell) is ₦1.12 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

→
₦85.26
1 ZAR = ₦85.26 black market buy rate

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Other Black Market Rates Today

US flag
US Dollar
USD/NGN
Live
Buy
₦1,388.50
Sell
₦1,406.85
GB flag
British Pound
GBP/NGN
Live
Buy
₦1,867.96
Sell
₦1,882.93
EU flag
Euro
EUR/NGN
Live
Buy
₦1,616.84
Sell
₦1,629.80
CA flag
Canadian Dollar
CAD/NGN
Live
Buy
₦990.26
Sell
₦998.20
AU flag
Australian Dollar
AUD/NGN
Live
Buy
₦978.14
Sell
₦991.06
AE flag
UAE Dirham
AED/NGN
Live
Buy
₦378.08
Sell
₦383.08
CN flag
Chinese Yuan
CNY/NGN
Live
Buy
₦204.97
Sell
₦207.68
GH flag
Ghanaian Cedi
GHS/NGN
Live
Buy
₦124.30
Sell
₦125.94
CI flag
W. African CFA
XOF/NGN
Live
Buy
₦2.45
Sell
₦2.48

S. African Rand to Naira Conversion: ZAR1 to ZAR100

ZAR AmountBuy (₦)Sell (₦)
ZAR1 ₦85.26 ₦86.38
ZAR2 ₦170.52 ₦172.76
ZAR3 ₦255.78 ₦259.14
ZAR4 ₦341.04 ₦345.52
ZAR5 ₦426.30 ₦431.90
ZAR6 ₦511.56 ₦518.28
ZAR7 ₦596.82 ₦604.66
ZAR8 ₦682.08 ₦691.04
ZAR9 ₦767.34 ₦777.42
ZAR10 ₦852.60 ₦863.80
ZAR11 ₦937.86 ₦950.18
ZAR12 ₦1,023.12 ₦1,036.56
ZAR13 ₦1,108.38 ₦1,122.94
ZAR14 ₦1,193.64 ₦1,209.32
ZAR15 ₦1,278.90 ₦1,295.70
ZAR16 ₦1,364.16 ₦1,382.08
ZAR17 ₦1,449.42 ₦1,468.46
ZAR18 ₦1,534.68 ₦1,554.84
ZAR19 ₦1,619.94 ₦1,641.22
ZAR20 ₦1,705.20 ₦1,727.60
ZAR21 ₦1,790.46 ₦1,813.98
ZAR22 ₦1,875.72 ₦1,900.36
ZAR23 ₦1,960.98 ₦1,986.74
ZAR24 ₦2,046.24 ₦2,073.12
ZAR25 ₦2,131.50 ₦2,159.50
ZAR26 ₦2,216.76 ₦2,245.88
ZAR27 ₦2,302.02 ₦2,332.26
ZAR28 ₦2,387.28 ₦2,418.64
ZAR29 ₦2,472.54 ₦2,505.02
ZAR30 ₦2,557.80 ₦2,591.40
ZAR31 ₦2,643.06 ₦2,677.78
ZAR32 ₦2,728.32 ₦2,764.16
ZAR33 ₦2,813.58 ₦2,850.54
ZAR34 ₦2,898.84 ₦2,936.92
ZAR35 ₦2,984.10 ₦3,023.30
ZAR36 ₦3,069.36 ₦3,109.68
ZAR37 ₦3,154.62 ₦3,196.06
ZAR38 ₦3,239.88 ₦3,282.44
ZAR39 ₦3,325.14 ₦3,368.82
ZAR40 ₦3,410.40 ₦3,455.20
ZAR41 ₦3,495.66 ₦3,541.58
ZAR42 ₦3,580.92 ₦3,627.96
ZAR43 ₦3,666.18 ₦3,714.34
ZAR44 ₦3,751.44 ₦3,800.72
ZAR45 ₦3,836.70 ₦3,887.10
ZAR46 ₦3,921.96 ₦3,973.48
ZAR47 ₦4,007.22 ₦4,059.86
ZAR48 ₦4,092.48 ₦4,146.24
ZAR49 ₦4,177.74 ₦4,232.62
ZAR50 ₦4,263.00 ₦4,319.00
ZAR51 ₦4,348.26 ₦4,405.38
ZAR52 ₦4,433.52 ₦4,491.76
ZAR53 ₦4,518.78 ₦4,578.14
ZAR54 ₦4,604.04 ₦4,664.52
ZAR55 ₦4,689.30 ₦4,750.90
ZAR56 ₦4,774.56 ₦4,837.28
ZAR57 ₦4,859.82 ₦4,923.66
ZAR58 ₦4,945.08 ₦5,010.04
ZAR59 ₦5,030.34 ₦5,096.42
ZAR60 ₦5,115.60 ₦5,182.80
ZAR61 ₦5,200.86 ₦5,269.18
ZAR62 ₦5,286.12 ₦5,355.56
ZAR63 ₦5,371.38 ₦5,441.94
ZAR64 ₦5,456.64 ₦5,528.32
ZAR65 ₦5,541.90 ₦5,614.70
ZAR66 ₦5,627.16 ₦5,701.08
ZAR67 ₦5,712.42 ₦5,787.46
ZAR68 ₦5,797.68 ₦5,873.84
ZAR69 ₦5,882.94 ₦5,960.22
ZAR70 ₦5,968.20 ₦6,046.60
ZAR71 ₦6,053.46 ₦6,132.98
ZAR72 ₦6,138.72 ₦6,219.36
ZAR73 ₦6,223.98 ₦6,305.74
ZAR74 ₦6,309.24 ₦6,392.12
ZAR75 ₦6,394.50 ₦6,478.50
ZAR76 ₦6,479.76 ₦6,564.88
ZAR77 ₦6,565.02 ₦6,651.26
ZAR78 ₦6,650.28 ₦6,737.64
ZAR79 ₦6,735.54 ₦6,824.02
ZAR80 ₦6,820.80 ₦6,910.40
ZAR81 ₦6,906.06 ₦6,996.78
ZAR82 ₦6,991.32 ₦7,083.16
ZAR83 ₦7,076.58 ₦7,169.54
ZAR84 ₦7,161.84 ₦7,255.92
ZAR85 ₦7,247.10 ₦7,342.30
ZAR86 ₦7,332.36 ₦7,428.68
ZAR87 ₦7,417.62 ₦7,515.06
ZAR88 ₦7,502.88 ₦7,601.44
ZAR89 ₦7,588.14 ₦7,687.82
ZAR90 ₦7,673.40 ₦7,774.20
ZAR91 ₦7,758.66 ₦7,860.58
ZAR92 ₦7,843.92 ₦7,946.96
ZAR93 ₦7,929.18 ₦8,033.34
ZAR94 ₦8,014.44 ₦8,119.72
ZAR95 ₦8,099.70 ₦8,206.10
ZAR96 ₦8,184.96 ₦8,292.48
ZAR97 ₦8,270.22 ₦8,378.86
ZAR98 ₦8,355.48 ₦8,465.24
ZAR99 ₦8,440.74 ₦8,551.62
ZAR100 ₦8,526.00 ₦8,638.00
ZAR500 ZAR1,000 ZAR5,000 ZAR10,000