1,000 Nigerian Naira Exchange Australian Dollar
Convert NGN to AUD at the actual exchange rate
Amount
Convert to
₦1.000 NGN = A$0.00089 AUD
07:20 UTCMid-Market Rate
The Currency Converter provides exchange rate information and the latest news, and is not a currency trading platform. Any information displayed here is not financial advice.
Nigerian NairaExchangeAustralian DollarCurrency conversion table | |
---|---|
1 NGN | 0.00089 AUD |
5 NGN | 0.00445 AUD |
10 NGN | 0.00890 AUD |
20 NGN | 0.01780 AUD |
50 NGN | 0.04450 AUD |
100 NGN | 0.08900 AUD |
250 NGN | 0.22250 AUD |
500 NGN | 0.44500 AUD |
1000 NGN | 0.89000 AUD |
2000 NGN | 1.78000 AUD |
5000 NGN | 4.45000 AUD |
10000 NGN | 8.90000 AUD |
Australian DollarExchangeNigerian NairaCurrency conversion table | |
---|---|
1 NGN | 1,123.59551 AUD |
5 NGN | 5,617.97753 AUD |
10 NGN | 11,235.95506 AUD |
20 NGN | 22,471.91011 AUD |
50 NGN | 56,179.77528 AUD |
100 NGN | 112,359.55056 AUD |
250 NGN | 280,898.87640 AUD |
500 NGN | 561,797.75281 AUD |
1000 NGN | 1,123,595.50562 AUD |
2000 NGN | 2,247,191.01124 AUD |
5000 NGN | 5,617,977.52809 AUD |
10000 NGN | 11,235,955.05618 AUD |
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FAQ
The Only Fair Exchange Rate: The Mid-Market Exchange Rate
Exchange rates don't have to be complicated. In fact, there's only one you need to worry about: the mid-market rate.
Banks and other providers set their own rates, so there is no universal rate. But in reality, there is a "real" rate. It's called the mid-market rate.
Generally speaking, bankers are willing to pay a certain price for a currency, and are willing to sell it for a certain price. The midpoint between these prices is the mid-market rate. Since this is the rate that the market naturally sets, it is the "truest" and fairest rate.