South Africa Rand to Naira Exchange Rate

Rand to Naira Exchange Rate at the Black Market

The table below provides the South African Rand to Naira Exchange Rate at the Lagos Black Market
South African Rand to Naira Exchange Rate at the Black Market
Date BUY SELL
25
30
25
30
25
30
25
30
25
30
10 Rand Note
20 Rand

Naira to Rand Exchange Rate at CBN

The table below presents the Rand to Naira Exchange at the CBN
Naira to Rand Exchange Rate at the Central Bank of Nigeria
Date CBN (BUY) CBN (SELL)
Not Available Not Available
21.6395
21.7103
21.3405
21.4104
Not Available Not Available
21.4327
21.5029

South African Rand

The South African Rand is the official currency of South Africa. It is the legal tender in countries such as South Africa, Swaziland, Lesotho and Namibia. The currency code of Rand is ZAR and its currency symbol is R. The rand is subdivided into 100 cents with its sign ‘c’.

The rand is coined from the Witwatersrand (translated as white waters ridge), the ridge where most of South Africa’s gold were found and where Johannesburg is located. In 1961, the South African Rand replaced the Pound and had a ratio of 2 ZAR to 1 GBP. Currently, the most popular exchange rate is the dollar to ZAR rate.

The table above provides the current South African Rand Rate to Nigerian Naira.Moreover, you can subscribe to our newsletters to get updates on the South African rates.

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Currency Facts : ZAR Stats

Name: South African Rand
Symbol: R Cent: c
Minor Unit:
1/100 = Cent
Top ZAR Conversion: USD/ZAR
Top ZAR Chart: USD/ZAR Chart
Coins: Frequently Used: R1, R2, R5, 5c, 10c, 20c
Banknotes: Frequently Used: R10, R20, R50, R100, R200
Central Bank: South African Reserve Bank
Website: http://www.reservebank.co.za
Users: South Africa, Lesotho, Namibia, Swaziland and Zimbabwe

Naira to Rand Exchange Rate at Hellopaiza and Transferwise

The table below compares the Naira to Rand Exchange rate from Money Transfer Services. Here, we compare rand to naira rates from Transferwise and Hellopaisa
Naira to Rand Exchange Rate at Hellopaiza and Transferwise
Date HelloPaiza Transferwise
25.13 25.17
25.17 24.95
24.78 24.71
24.19 24.62
24.19 24.62
50 Rand Note
200 Rand Note