Indian Rupee to Nigerian Naira — INR to NGN
INR to NGN Converter
INR/NGN Rate — Last 30 Days
INR edged up 0.49% this week — modest gains, no strong directional signal.
The 7-day average rate is above the 30-day average — recent momentum favors INR strengthening vs NGN. Uptrends can persist, but watch for a mean-reversion pullback.
The rate is within the top 20% of its 30-day range — bullish short-term positioning. A break above the high could accelerate momentum.
RSI of 81 means INR has risen fast relative to NGN and may be overextended. RSI above 70 often precedes a pullback or consolidation — not a sell signal on its own, but a caution flag. Works best combined with other signals.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 14.5229 | 14.4171 | 14.4508 |
| 30 days | 14.5229 | 14.1522 | 14.3280 |
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Historical INR/NGN Rates by Year
What drives the INR/NGN rate?
Whether you're converting INR for travel, business, or investment, here's what drives the INR to NGN exchange rate. The INR/NGN exchange rate is determined by supply and demand in global currency markets, influenced by interest rate decisions from both central banks, economic data releases, inflation figures, and broader risk sentiment in financial markets. Trade flows between the two countries or regions also play an important role in long-term rate direction.
How to get the best INR to NGN rate
The rate shown above is the interbank mid-market rate — the real exchange rate used between financial institutions. Individual customers cannot access this rate directly. Banks typically add a 2–3% spread on top, meaning you receive significantly less than the rate shown.
Online transfer services like Wise offer rates very close to the interbank rate with a small transparent fee of 0.5–1%. On a $1,000 INR exchange this typically saves $15–25 compared to a bank. Airport exchange booths charge the highest fees — often 5–8% above the interbank rate — and should be avoided for large amounts.