South African Rand to Nigerian Naira | Bank
Live exchange rate for South African Rand to Nigerian Naira at Bank, Wednesday, 07.05.2025 02:56
Buy 88.148
Sell 88.0932
Change -0.001
Last price yesterday 88.1486
The South African Rand (ZAR) is the official currency of South Africa. It was introduced in 1961 when it replaced the South African pound. The Rand is also legal tender in the Common Monetary Area between South Africa, Eswatini, Lesotho, and Namibia.
The Nigerian Naira (NGN) is the official currency of Nigeria. It was introduced in 1973 to replace the Nigerian pound. The currency is regulated by the Central Bank of Nigeria. The term "Naira" is derived from the word "Nigeria", while "kobo", its subunit, means "penny" in Hausa language.