Nigerian currency is the Naira (NGN), which is divided into 100 kobo. Approved exchange facilities include major hotels and the airport, but official rates are very high. It is illegal to change money on the street. Credit card fraud is a problem, and visitors are advised to exercise caution when using credit cards. Credit card facilities are also limited outside of the major cities. Prior to travel, visitors should ensure they have a variety of currency options available to them (Pounds, US Dollars or Euros) in cash. Travellers should be aware of the prevalence of commercial fraud in Nigeria.
Currency Exchange Rates
|Nigeria||NGN 1||NGN 5||NGN 10||NGN 100||NGN 1,000|
|Australia||AUD 0.39||AUD 3.92||AUD 39.20||AUD 391.99||AUD 3,919.92|
|Canada||CAD 0.37||CAD 3.69||CAD 36.92||CAD 369.19||CAD 3,691.87|
|Ireland||EUR 0.24||EUR 2.44||EUR 24.43||EUR 244.33||EUR 2,443.29|
|New Zealand||NZD 0.41||NZD 4.08||NZD 40.81||NZD 408.10||NZD 4,081.03|
|South Africa||ZAR 3.95||ZAR 39.48||ZAR 394.83||ZAR 3,948.31||ZAR 39,483.12|
|United Kingdom||GBP 0.21||GBP 2.10||GBP 21.02||GBP 210.19||GBP 2,101.90|
|United States of America||USD 0.28||USD 2.78||USD 27.78||USD 277.77||USD 2,777.72|
Note: These currency exchange rates are not updated daily and should be used as a guideline only.