Live INR to NGN exchange rate today - 1 INR equals 13.9965 NGN, with an instant two-way converter for Indian Rupee to Nigerian Naira.
1 INR = 13.996500 NGN
1 NGN = 0.0714 INR
1.00 Indian Rupee =
13.9965 Nigerian Naira
Last updated: September 3, 2026
This INR to NGN rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.
Use the calculator above to convert any amount both ways: enter a value in either the INR box or the Nigerian Naira (NGN) box to see the live conversion instantly.
A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.
Unified multiple official exchange rates into a single, more market-reflective rate in June 2023 after years of an overvalued official rate that had fueled a large, persistent gap with the black-market rate.
The INR/NGN rate moves every trading day, driven mainly by:
In June 2023, Nigeria unified its multiple official exchange rates (which had diverged significantly from the real market rate over the years) into a single, more market-reflective rate, causing a sharp, one-time devaluation as the official price caught up with reality.
No, it's meant to be a more market-determined float since the 2023 reform, though the Central Bank of Nigeria still manages it actively rather than leaving it to trade completely freely.
It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.
Once a day, refreshed at 7:00 AM IST from the Frankfurter API.
Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.
Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.