Geo Countries
Edo State, Nigeria – Nigeria Flag

Current Date And Time In Edo State, Nigeria

Monday, 10 August 2026
07:50:29 WAT
Capital: Benin City
Currency: Nigerian Naira (NGN)
Timezone: UTC +01:00 (WAT)
Population: 5,500,000
Area: 17,802.00 km²
State Code: ED

💰 Nigerian Naira (NGN) — Edo State, Nigeria Currency & Exchange Rates


The official currency of Edo State, Nigeria is the Nigerian Naira (NGN), represented by the symbol . This page provides live NGN exchange rates for Edo State against the world's most actively traded currencies — USD, EUR, JPY, GBP and CNY — refreshed regularly for reliable forex reference. Whether you are a logistics planner, cross-border trade specialist or finance professional operating in Nigeria, accurate NGN conversion data is essential for cost estimation, invoice pricing and strategic financial planning.

Use this page to check the NGN exchange rate for international trade with Edo State • cross-border payment settlements • business invoice conversion • forex market research for Nigeria operations • travel budget planning • remittance and multi-currency financial management • investment valuation in Africa markets.

Edo State is a state in Nigeria, located in Africa. All financial transactions, government revenues, retail purchases and business dealings within Edo State are conducted using the Nigerian Naira (NGN) — the same national monetary unit used across all states and regions of Nigeria. For the complete country-level currency data, visit the Nigeria Currency page.

Quick Links: Edo State Overview | Edo State Map | Edo State Cities | Nearby States | Travel Info | Nigeria Currency | Converter Tool | Strength Ranking | Gold & Silver Rates

💰 Nigerian Naira Currency Profile — Edo State, Nigeria

Nigerian Naira (NGN) is the official legal tender of Nigeria, used across all states including Edo State. Identified by the currency symbol and the ISO 4217 code NGN, this currency underpins all financial transactions, government revenues and business dealings in Edo State. This profile is useful for international invoicing, forex identification, banking transactions and cross-border payment processing involving Edo State, Nigeria.

Currency Name Nigerian Naira
ISO 4217 Code NGN
Currency Symbol
State Edo State
Country Nigeria
Continent Africa

🔁 Live NGN Currency Converter — Edo State

Convert any amount between Nigerian Naira (NGN) and 162+ world currencies instantly, right on this page — no reload required.

 

⏰ Rates as of Aug 10, 2026 12:30 AM UTC

🤍 Gold & Silver Rates Today — Edo State, Nigeria (in NGN)

Indicative gold and silver prices for Edo State, converted to Nigerian Naira (NGN) from live international bullion spot rates — the same XAU/XAG benchmark used by markets worldwide.

⏰ Spot rate as of Aug 10, 2026 12:30 AM UTC

🥳 Gold Purity Per Gram Per 10 Grams Per Tola (11.66g)
24K (999, Fine Gold) ₦ 190,370.38 ₦ 1,903,703.82 ₦ 2,220,442.79
22K (916, Jewellery Standard) ₦ 174,379.27 ₦ 1,743,792.70 ₦ 2,033,925.59
18K (750) ₦ 142,777.79 ₦ 1,427,777.87 ₦ 1,665,332.09
🥈 Silver (999 Fine) Per Gram Per 10 Grams Per Kilogram
Fine Silver ₦ 2,809.78 ₦ 28,097.75 ₦ 2,809,775.04

⚠️ Note: These are indicative rates derived from live international bullion spot prices (XAU/XAG), converted to NGN. Local jewellery and bullion dealer prices in Edo State typically differ due to making/wastage charges, import duty, GST/VAT and dealer premiums — always confirm with a local jeweller or bullion dealer before any transaction.

📊 NGN Exchange Rates — Edo State, Nigeria

Live NGN exchange rates for Edo State — showing exactly how much 1 ₦ Nigerian Naira is worth in each foreign currency, plus the inverse rate (how much of each foreign currency equals 1 NGN). Rates are recalculated hourly, making this the most current NGN conversion reference for forex traders, importers, exporters, international businesses and travellers dealing with Edo State, Nigeria.

⏰ Updated hourly • Aug 10, 2026 12:30 AM UTC

Currency Code 1 NGN = Inverse Rate
United States DollarUSD0.00071 = 1,361.9900 NGN
EuroEUR0.00061 = 1,573.7362 NGN
Japanese YenJPY0.11631 = 8.6015 NGN
British Pound SterlingGBP0.00051 = 1,837.8820 NGN
Chinese YuanCNY0.00501 = 201.8989 NGN
Australian DollarAUD0.00101 = 962.7439 NGN
Canadian DollarCAD0.00101 = 975.7794 NGN
Swiss FrancCHF0.00061 = 1,683.6954 NGN
Mexican PesoMXN0.01261 = 79.4419 NGN
🔁 Use Currency Converter

💱 Nigerian Naira VS Major World Currencies — Edo State

Compare the Nigerian Naira (NGN) — the currency used in Edo State, Nigeria — against the five most traded currencies in global forex markets: US Dollar (USD), Euro (EUR), Japanese Yen (JPY), British Pound (GBP) and Chinese Yuan (CNY). This NGN vs major currencies comparison shows both the direct rate — how much foreign currency 1 ₦ buys — and the inverse rate, useful for pricing Edo State imports and exports, benchmarking NGN strength and planning international financial transactions in or with Nigeria.

⏰ Live Rate • Updated Hourly • Aug 10, 2026 12:30 AM UTC

Symbol Currency Exchange Rate Inverse Rate
$🇺🇸 USD
United States Dollar
₦ 1 = $ 0.0007$ 1 = ₦ 1,361.9900
🇪🇺 EUR
Euro
₦ 1 = € 0.0006€ 1 = ₦ 1,573.7362
¥🇯🇵 JPY
Japanese Yen
₦ 1 = ¥ 0.1163¥ 1 = ₦ 8.6015
£🇬🇧 GBP
British Pound Sterling
₦ 1 = £ 0.0005£ 1 = ₦ 1,837.8820
¥🇨🇳 CNY
Chinese Yuan
₦ 1 = ¥ 0.0050¥ 1 = ₦ 201.8989

💡 Need more conversions? Use our Currency Converter Tool for hourly-updated rates, historical data and calculations for 100+ currencies.

🎯 Global Currency Strength Ranking — NGN

Out of 162 actively traded world currencies tracked against the US Dollar, the Nigerian Naira (NGN) — the currency used in Edo State, Nigeria — currently ranks #138 by per-unit value, making it stronger than 15% of all currencies on this list. A lower rank means fewer units of that currency are needed to buy one US Dollar. Within Africa, NGN ranks #34 of 44 currencies tracked on this site for that continent.

ℹ️ This ranks currencies by face value per unit against the US Dollar — the same measure used in "world's strongest currencies" lists. It reflects historical denomination, not economic size, purchasing power or GDP.

📏 How this number is worked out: NGN currently trades at 1,361.9900 per US Dollar. Comparing that to all 162 tracked currencies — 137 of them trade at a lower rate (so are stronger than NGN), and 24 trade at a higher rate (so are weaker). That places NGN at rank #138 = 1 + 137 currencies stronger than it.

Weakest ←                                              → Strongest

📍 How NGN Compares to Its Closest-Value Neighbours

The currencies ranked immediately above and below NGN by per-unit value — the most relevant comparison, since these are the currencies closest to it in worth.

Rank Currency Value per US Dollar
#136 AOA — Angolan Kwanza 912.5840 per $1
#137 IQD — Iraqi Dinar 1,306.4497 per $1
#138 NGN — Nigerian Naira ⬤ (this page) 1,361.9900 per $1
#139 KRW — South Korean Won 1,416.2475 per $1
#140 RWF — Rwandan Franc 1,466.5064 per $1

🌎 Regional Currencies in Africa — Edo State Currency

See how the Nigerian Naira (NGN) — used in Edo State, Nigeria — compares against currencies used by neighbouring countries across Africa. This regional comparison is essential for intra-continental trade pricing, cross-border travel budgeting, regional investment analysis and understanding Nigeria's currency strength relative to its continental neighbours. Each row shows both the direct and inverse conversion rate so you can instantly calculate costs in either direction.

⏰ Live Rate • Updated Hourly • Aug 10, 2026 12:30 AM UTC

Country Currency Exchange Rate Inverse Rate
EthiopiaETB
Ethiopian birr
₦ 1 = Br 0.1182Br 1 = ₦ 8.4611
EgyptEGP
Egyptian pound
₦ 1 = E£ 0.0366E£ 1 = ₦ 27.3111
Democratic Republic Of The CongoCDF
Congolese franc
₦ 1 = Fr 1.6769Fr 1 = ₦ 0.5964
TanzaniaTZS
Tanzanian shilling
₦ 1 = Sh 1.9402Sh 1 = ₦ 0.5154
South AfricaZAR
South African rand
₦ 1 = R 0.0119R 1 = ₦ 84.2797
KenyaKES
Kenyan shilling
₦ 1 = Sh 0.0950Sh 1 = ₦ 10.5254
SudanSDG
Sudanese pound
₦ 1 = ج.س. 0.4409ج.س. 1 = ₦ 2.2681
UgandaUGX
Ugandan shilling
₦ 1 = Sh 2.7272Sh 1 = ₦ 0.3667

🌍 Planning to travel or trade in Africa? Compare exchange rates and use our currency converter for accurate regional conversions.

Edo State Currency — NGN Exchange Rate Guide for Business & Travel

💰 Currency Used in Edo State

Every financial transaction in Edo State, Nigeria uses the Nigerian Naira (NGN) with the symbol . Whether you are a supply chain professional, logistics operator or cross-border trade specialist, the NGN rate directly impacts your cost calculations, invoice amounts and profit margins for any business activity in Edo State. See the full currency profile and NGN exchange rates table above.

📈 Forex & Market Intelligence

The NGN exchange rate against major global currencies like USD, EUR and GBP directly affects import/export pricing, investment returns and revenue projections for operations in Edo State, Nigeria. Monitoring these rates supports strategic decision-making, competitive pricing and financial risk management. Track live rates in the NGN exchange rates table.

✈️ Travel & Currency Planning

Visitors travelling to Edo State should convert to NGN (₦) before arrival. Understanding the current exchange rate helps estimate daily budgets, accommodation costs, local transport and shopping expenses — ensuring a well-planned, cost-controlled trip to Edo State. Check NGN vs major currencies for travel conversion rates.

🌎 Regional Monetary System

As a state within Nigeria in Africa, Edo State uses the same national currency as every other state and region across the country. For the full country-level currency profile, broader forex data and all converter tools, visit the Nigeria Currency page.

📋 Cross-Border Commerce in Edo State

Businesses engaged in international trade with Edo State rely on accurate NGN conversion rates for contract pricing, payment settlements and cash flow forecasting. Importers from Nigeria and exporters supplying Edo State's markets both benefit from tracking real-time NGN movements against USD, EUR and regional currencies. View Africa regional currency rates for cross-border context.

💳 Investment & Financial Planning

Investors and financial planners targeting Edo State need reliable NGN exchange rate data for portfolio valuation, FDI analysis and remittance planning. The NGN rate against JPY, GBP and CNY also matters for businesses with multi-currency exposure across Africa markets. See NGN vs major world currencies for full comparison.

🔎 Related State & Country Tools

🗺 Edo State Map View the Edo State satellite map with precise GPS coordinates for location intelligence.
🏙️ Cities in Edo State Explore cities and towns in Edo State for demographic facts and market research.
✈️ Edo State Travel Guide Access the travel standards guide for electrical plugs, driving rules and emergency numbers.

Frequently Asked Questions — Edo State Currency & NGN Exchange Rates

What is the official currency of Edo State?

The official currency of Edo State, Nigeria is the Nigerian Naira with ISO code NGN and symbol . This is the national monetary unit of Nigeria and is accepted across all states including Edo State.


What is the NGN exchange rate against the US Dollar?

The NGN to USD exchange rate is shown in the exchange rates table above and updated regularly. Use our dedicated NGN to USD converter for the most accurate rate for financial transactions, cross-border payments and international business operations related to Edo State.


Which currencies can I convert NGN into?

You can convert NGN into all major world currencies including USD, EUR, JPY, GBP and CNY. This page shows live exchange rates for Edo State's currency against all five of these globally traded currencies — see the NGN vs major currencies card and the full exchange rates table — making it useful for forex trading, international procurement, remittance transfers and travel budgeting.


Is the currency in Edo State the same as in the rest of Nigeria?

Yes. Edo State uses the same national currency — Nigerian Naira (NGN) — as all other states and territories of Nigeria. There is no separate regional or local currency in Edo State.


How does the NGN rate affect business in Edo State?

The NGN exchange rate directly influences import/export costs, supplier payment amounts, retail pricing and investment valuations for businesses in Edo State. A stronger NGN makes imports cheaper but can reduce export competitiveness, while a weaker NGN boosts exports but raises import and raw material costs. Monitoring the NGN rate is a core part of location intelligence and market research for Nigeria.