Gold, silver and exchange rates in Nigeria
Nigerian Naira · NGN
Metal prices in Nigeria today
Gold price by karat in Nigeria
Each row is the pure-gold (24K) price scaled by that karat's gold content — 22K is 91.67% gold, 21K is 87.5%, 18K is 75%. A jeweller's counter price adds making charges on top, which is why a bracelet costs more per gram than the figures here.
Exchange rates in Nigeria
Mid-market reference rates — the midpoint between buy and sell, before any bank or exchange-house spread. What a counter quotes will differ from these.
| Currency | 1 unit in NGN |
|---|---|
| USD to NGNUS Dollar | 1,331.8263 |
| EUR to NGNEuro | 1,488.9059 |
| GBP to NGNBritish Pound | 1,761.2091 |
| CHF to NGNSwiss Franc | 1,597.4887 |
| JPY to NGNJapanese Yen | 8.4125 |
| ZAR to NGNSouth African Rand | 80.3287 |
| KES to NGNKenyan Shilling | 10.2665 |
| GHS to NGNGhanaian Cedi | 113.9618 |
Prices and rates for Nigeria are quoted in Nigerian Naira (NGN). Metal prices are the international spot price converted at the live NGN rate — the wholesale benchmark a local jeweller's retail price is built on, before making charges, dealer margin and any local tax.