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 0.40||AUD 3.96||AUD 39.62||AUD 396.20||AUD 3,961.98|
|Canada||CAD 0.38||CAD 3.75||CAD 37.52||CAD 375.19||CAD 3,751.89|
|Ireland||EUR 0.25||EUR 2.49||EUR 24.89||EUR 248.94||EUR 2,489.37|
|New Zealand||NZD 0.42||NZD 4.21||NZD 42.13||NZD 421.33||NZD 4,213.32|
|South Africa||ZAR 4.00||ZAR 40.04||ZAR 400.36||ZAR 4,003.56||ZAR 40,035.55|
|United Kingdom||GBP 0.22||GBP 2.16||GBP 21.55||GBP 215.50||GBP 2,155.00|
|United States of America||USD 0.28||USD 2.79||USD 27.86||USD 278.64||USD 2,786.40|
Note: These currency exchange rates are not updated daily and should be used as a guideline only.