NGN to KRW exchange rate
Nigerian Naira to South Korean Won currency converter at the live mid-market rate.
Reference rate (mid-market)
1 NGN = 1.0114 KRW
1 KRW = 0.9887 NGN
Rate as of . Market reference rate, updated about every 30 minutes.
Reference rate only. MigraPay does not currently support sending Nigerian Naira (NGN) to South Korean Won (KRW). The rate above is the mid-market rate for comparison; it is not a MigraPay quote.
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Reference rateAmount
Converted to
1 NGN = 0.00 KRW
Mid-market reference rate, not a MigraPay quote
NGN to KRW conversion tables
Popular amounts at today's rate, in both directions.
| NGN | KRW |
|---|---|
| 1 NGN | 1.0114 KRW |
| 5 NGN | 5.0571 KRW |
| 10 NGN | 10.1141 KRW |
| 20 NGN | 20.2282 KRW |
| 50 NGN | 50.5706 KRW |
| 100 NGN | 101.14 KRW |
| 200 NGN | 202.28 KRW |
| 500 NGN | 505.71 KRW |
| 1,000 NGN | 1,011.41 KRW |
| 2,000 NGN | 2,022.82 KRW |
| 5,000 NGN | 5,057.06 KRW |
| 10,000 NGN | 10,114.12 KRW |
| KRW | NGN |
|---|---|
| 1 KRW | 0.9887 NGN |
| 5 KRW | 4.9436 NGN |
| 10 KRW | 9.8872 NGN |
| 20 KRW | 19.7743 NGN |
| 50 KRW | 49.4358 NGN |
| 100 KRW | 98.8717 NGN |
| 200 KRW | 197.74 NGN |
| 500 KRW | 494.36 NGN |
| 1,000 KRW | 988.72 NGN |
| 2,000 KRW | 1,977.43 NGN |
| 5,000 KRW | 4,943.58 NGN |
| 10,000 KRW | 9,887.17 NGN |
NGN to KRW exchange rate history
Market rate over time, with the high, low and average for any period you pick.
About the Nigerian Naira and the South Korean Won
About the Nigerian Naira (NGN)
- Symbol
- ₦
- Issued by
- Central Bank of Nigeria
- Used in
- Nigeria
- Subunit
- 100 kobo
The naira is the currency of Africa’s most populous country. Since the 2023 move toward a unified market rate it has traded more freely, so the naira rate can change noticeably from day to day. MigraPay quotes the live market rate at the moment you send.
Why the NGN to KRW rate changes
The Nigerian Naira to South Korean Won exchange rate is not fixed. It moves with supply and demand for each currency, interest-rate decisions by the central banks that issue them, inflation, commodity prices and the general appetite for risk in global markets. Most emerging-market currencies are priced through the US dollar, so a strong or weak dollar day usually shows up in the NGN to KRW rate too.
The rate on this page is the mid-market rate: the midpoint between buy and sell prices on the global market, updated about every 30 minutes. Banks and transfer services add a spread and fees on top, so the NGN to KRW rate you are offered will usually be lower than the figure here. Use it as the benchmark to judge any quote.
More exchange rates
KRW to NGN and other KRW rates
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- KRW to BDT
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- KRW to TRY
- KRW to SGD
NGN to other currencies
Other currencies to KRW
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NGN to KRW FAQ
What is the NGN to KRW exchange rate today?
1 Nigerian Naira (NGN) is 1.0114 South Korean Won (KRW), as of 11 Sept 2026, 18:12 UTC. This is the mid-market reference rate, updated about every 30 minutes.
How much is 100 NGN in South Korean Won?
100 NGN is 101.14 KRW at the mid-market rate.
How much is 1,000 NGN in KRW?
1,000 NGN converts to 1,011.41 KRW at the mid-market rate.
How much is 2,000 NGN in South Korean Won?
2,000 NGN is 2,022.82 KRW at the mid-market rate.
How much is 100 KRW in NGN?
100 KRW converts to 98.8717 NGN at the mid-market rate.
Can I send NGN to KRW with MigraPay?
Not yet. MigraPay currently sends from Canada, the United States, the United Kingdom and the euro area to Nigeria, Ghana, Kenya and other destinations, plus USDT and USDC wallets. This page is a reference rate for Nigerian Naira to South Korean Won only.
Is the NGN to KRW rate the same as the mid-market rate?
Yes. It is the wholesale rate between NGN and KRW on the global market. Banks and transfer services add a spread and fees on top, so the rate you are offered will usually be lower.
How often is this exchange rate updated?
About every 30 minutes, from a global market-data provider. The history chart below shows the daily closing rate for the period you pick.
Rates are mid-market reference rates for information only and are not a quote or an offer to transact.