Current Date And Time In Lagos, Nigeria
Wednesday, 12 August 2026
12:32:43 WAT
Capital: Ikeja
Currency: Nigerian Naira (NGN)
Timezone: UTC +01:00 (WAT)
Population: 10,601,345
Area: 3,577.00 km²
State Code: LA
The official currency of Lagos, Nigeria is the Nigerian Naira (NGN), represented by the symbol ₦. This page provides live NGN exchange rates for Lagos 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 Lagos • 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.
Lagos is a state in Nigeria, located in Africa. All financial transactions, government revenues, retail purchases and business dealings within Lagos 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: Lagos Overview | Lagos Map | Lagos Cities | Nearby States | Travel Info | Nigeria Currency | Converter Tool | Strength Ranking | Gold & Silver Rates
Nigerian Naira (NGN) is the official legal tender of Nigeria, used across all states including Lagos. Identified by the currency symbol ₦ and the ISO 4217 code NGN, this currency underpins all financial transactions, government revenues and business dealings in Lagos. This profile is useful for international invoicing, forex identification, banking transactions and cross-border payment processing involving Lagos, Nigeria.
Convert any amount between Nigerian Naira (NGN) and 162+ world currencies instantly, right on this page — no reload required.
⏰ Rates as of Aug 12, 2026 5:30 AM UTC
Indicative gold and silver prices for Lagos, 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 12, 2026 5:30 AM UTC
⚠️ Note: These are indicative rates derived from live international bullion spot prices (XAU/XAG), converted to NGN. Local jewellery and bullion dealer prices in Lagos 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.
Live NGN exchange rates for Lagos — 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 Lagos, Nigeria.
⏰ Updated hourly • Aug 12, 2026 5:30 AM UTC
Compare the Nigerian Naira (NGN) — the currency used in Lagos, 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 Lagos imports and exports, benchmarking NGN strength and planning international financial transactions in or with Nigeria.
⏰ Live Rate • Updated Hourly • Aug 12, 2026 5:30 AM UTC
💡 Need more conversions? Use our Currency Converter Tool for hourly-updated rates, historical data and calculations for 100+ currencies.
Out of 162 actively traded world currencies tracked against the US Dollar, the Nigerian Naira (NGN) — the currency used in Lagos, 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 1,362.2200 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
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 | CLP — Chilean Peso | 917.4312 per $1 |
| #137 | IQD — Iraqi Dinar | 1,309.5764 per $1 |
| #138 | NGN — Nigerian Naira ⬤ (this page) | 1,362.2200 per $1 |
| #139 | KRW — South Korean Won | 1,416.8111 per $1 |
| #140 | RWF — Rwandan Franc | 1,472.4703 per $1 |
See how the Nigerian Naira (NGN) — used in Lagos, 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 12, 2026 5:30 AM UTC
🌍 Planning to travel or trade in Africa? Compare exchange rates and use our currency converter for accurate regional conversions.