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Home>Nigerian Naira to Philippine Peso, NGN to PHP - Currency Converter

1000 Nigerian Naira to Philippine Peso exchange rate

Convert NGN to PHP at the actual exchange rate

Amount

ngn currency flagNGN

Convert to

php currency flag PHP

₦1.000 NGN = ₱0.03758 PHP

21:01 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 NairatoPhilippine PesoCurrency conversion table

1 NGN0.03758 PHP
5 NGN0.18790 PHP
10 NGN0.37580 PHP
20 NGN0.75160 PHP
50 NGN1.87900 PHP
100 NGN3.75800 PHP
250 NGN9.39500 PHP
500 NGN18.79000 PHP
1000 NGN37.58000 PHP
2000 NGN75.16000 PHP
5000 NGN187.90000 PHP
10000 NGN375.80000 PHP

Philippine PesotoNigerian NairaCurrency conversion table

1 NGN26.60990 PHP
5 NGN133.04949 PHP
10 NGN266.09899 PHP
20 NGN532.19798 PHP
50 NGN1,330.49494 PHP
100 NGN2,660.98989 PHP
250 NGN6,652.47472 PHP
500 NGN13,304.94944 PHP
1000 NGN26,609.89888 PHP
2000 NGN53,219.79776 PHP
5000 NGN133,049.49441 PHP
10000 NGN266,098.98882 PHP

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FAQ

The Only Fair Exchange Rate: The Mid-Market Exchange Rate

Nigerian Naira to Philippine Peso, NGN to PHP - Currency Converter

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.