1 TRY = 42.385 NGN
1 NGN = 0.024 TRY
(Mid-market exchange rate)
Last updated Mar 28, 2024 19:46 GMT
Below is the live and historical Turkish Lira to Nigerian Naira rate chart so you can see today's rate - and how the rates have changed over time.
1 TRY = 42.385 NGN
Stat | Last 7 days | Last 30 days | Last 90 days | Last year | Selected period on chart |
---|---|---|---|---|---|
High | 46.263 | 52.226 | 52.208 | 52.208 | 52.226 |
Low | 41.648 | 41.648 | 28.075 | 19.552 | 41.648 |
Average | 42.66 | 47.904 | 41.021 | 30.376 | 47.894 |
Volatility | 11.08% | 25.4% | 85.96% | 167.02% | 25.4% |
1 TRY is worth 42.385 NGN today
At the current exchange rate of 42.385 , a sum of 10 Turkish Lira is worth 423.85 Nigerian Naira.
The Turkish Lira is currently stronger than the Nigerian Naira given that 1 TRY is equal to 42.385 NGN. Conversely, 1 NGN is worth 0.024 TRY.
Today, to buy 10 Turkish Lira, you need 423.85 Nigerian Naira. On the same date last year, you needed 240.82 Nigerian Naira for 10 Turkish Lira. This change indicates that the Turkish Lira has become stronger against the Nigerian Naira by 72.94% over the past year.
The pair experienced high volatility of 167.02%.
High volatility means there is a higher risk of significant price changes. It is better to closely monitor the exchange rate in such situations.
Today's TRY to NGN exchange rate (42.44) is higher compared to yesterday's rate (41.749).
1 TRY | 42.38500 NGN |
5 TRY | 211.92500 NGN |
10 TRY | 423.85000 NGN |
20 TRY | 847.70000 NGN |
25 TRY | 1,059.62500 NGN |
50 TRY | 2,119.25000 NGN |
100 TRY | 4,238.50000 NGN |
250 TRY | 10,596.25000 NGN |
500 TRY | 21,192.50000 NGN |
1,000 TRY | 42,385.00000 NGN |
2,000 TRY | 84,770.00000 NGN |
5,000 TRY | 211,925.00000 NGN |
10,000 TRY | 423,850.00000 NGN |
1 NGN | 0.02359 TRY |
5 NGN | 0.11797 TRY |
10 NGN | 0.23593 TRY |
20 NGN | 0.47187 TRY |
25 NGN | 0.58983 TRY |
50 NGN | 1.17966 TRY |
100 NGN | 2.35933 TRY |
250 NGN | 5.89831 TRY |
500 NGN | 11.79663 TRY |
1,000 NGN | 23.59325 TRY |
2,000 NGN | 47.18650 TRY |
5,000 NGN | 117.96626 TRY |
10,000 NGN | 235.93252 TRY |
The currency code for Turkish Lira is TRY.
The TRY currency symbol is ₺.
Minor unit: 1/100 = Kuruş
TRY rank by most traded currencies: 27
Avg proportion of daily world trade volume: 0.20%
TRY rank by strongest currencies (buying power): 71
The Turkish Lira is the currency of 2 countries:
Turkey, Northern Cyprus
The currency code for Nigerian Naira is NGN.
The NGN currency symbol is ₦.
Minor unit: 1/100 = Kobo
NGN rank by most traded currencies: Not in top 40 traded currencies
Avg proportion of daily world trade volume: 0% (Low daily trade currency)
NGN rank by strongest currencies (buying power): 121
The Nigerian Naira is the currency of 1 countries:
Nigeria
Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Turkish Lira to Nigerian Naira, to send a payment, for a trip overseas, when shopping online or to hold a balance in Nigerian Naira.
You can convert Turkish Lira to Nigerian Naira either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Nigerian Naira in cash. Or, you can choose to convert digitally, to send a payment overseas for example.
If you're exchanging money in a physical location you'll usually need to take the following steps:
Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:
Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best TRY to NGN exchange rate for your specific transaction.
Get to know the TRY/NGN mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the TRY/NGN mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.
Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Turkish Lira and Nigerian Naira. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.
You'll be able to exchange Nigerian Naira to Turkish Lira in the same way as you'd exchange Turkish Lira to Nigerian Naira. If you have Nigerian Naira in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Nigerian Naira. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.
On the other hand, if you hold Turkish Lira in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.
You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.
A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.
TRY | USD | EUR | GBP | PKR | INR | CAD | AED | EGP | |
---|---|---|---|---|---|---|---|---|---|
To TRY | - | 32.35070 | 34.89990 | 40.83140 | 0.11636 | 0.38803 | 23.89360 | 8.80938 | 0.68231 |
To USD | 0.03091 | - | 1.07880 | 1.26215 | 0.00360 | 0.01199 | 0.73858 | 0.27231 | 0.02110 |
To EUR | 0.02865 | 0.92695 | - | 1.17001 | 0.00334 | 0.01112 | 0.68463 | 0.25242 | 0.01956 |
To GBP | 0.02449 | 0.79230 | 0.85470 | - | 0.00285 | 0.00950 | 0.58518 | 0.21575 | 0.01672 |
To PKR | 8.59412 | 277.92000 | 299.82000 | 350.77700 | - | 3.33353 | 205.26600 | 75.68010 | 5.86385 |
To INR | 2.57710 | 83.37110 | 89.94070 | 105.22700 | 0.29998 | - | 61.57620 | 22.70270 | 1.75941 |
To CAD | 0.04185 | 1.35395 | 1.46064 | 1.70889 | 0.00487 | 0.01624 | - | 0.36869 | 0.02858 |
To AED | 0.11352 | 3.67230 | 3.96168 | 4.63499 | 0.01321 | 0.04405 | 2.71229 | - | 0.07748 |
To EGP | 1.46561 | 47.38590 | 51.11990 | 59.80810 | 0.17054 | 0.56837 | 34.98980 | 12.90620 | - |
The Turkish Lira to Nigerian Naira exchange rate today is 42.385 . Use this guide to learn more about exchanging TRY to NGN in the easiest and best value way for your specific needs.
The TRY to NGN rate today is 42.385 . That means that 10 Turkish Lira would be worth 423.85 Nigerian Naira.
Exchange TRY to NGN in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including TRY to NGN.
If you want to send money from Turkey - or anywhere else in the world - to Nigeria, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to Nigeria - plus, you'll be able to get everything arranged with just your laptop or phone.
The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Nigerian Naira and Turkish Lira on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.
Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.
Get the live Turkish Lira to Nigerian Naira exchange rate with our handy tools, to help you compare your options.
We take reader trust seriously. At Currency Live we're working to help our readers learn more about currency exchange so they can avoid the common pitfalls and make more of their money. Here's why you can trust us to do just that:
Our partnership with Wise reinforces our commitment to delivering transparent and reliable financial insights and aiding more than millions of monthly users in their money transfers. We already have a billion impressions and over a million yearly visitors who benefit from the depth of insight and actionable tips we can provide them.
At Currency Live we cover all of currency pairs, with rates which are refreshed in real time so you'll know the details you're reading are accurate, extensive and live.
Our market analysis and currency news are up-to-date, researched and presented in an easy-to-understand format. This ensures you get accurate and actionable information, without any unnecessary complexities.
Currency Live was built by currency exchange experts with over 10 years experience, and we are proud to dedicate ourselves to providing essential and current information, aiding users with valuable insights for currency conversion and financial decision-making.