What is the Nigerian Naira worth against the Kenyan Shilling today?

1 NGN is worth 0.116 KES today

How much is 20 NGN worth in KES?

At the current exchange rate of 0.116 , a sum of 20 Nigerian Naira is worth 2.32 Kenyan Shilling.

Which currency is stronger? NGN or KES?

The Kenyan Shilling is currently stronger than the Nigerian Naira given that 1 KES is equal to 8.621 NGN. Conversely, 1 NGN is worth 0.116 KES.

Overview of NGN to KES Performance and Trends

Today, to buy 20 Nigerian Naira, you need 2.32 Kenyan Shilling. On the same date last year, you needed 5.88 Kenyan Shilling for 20 Nigerian Naira. This change indicates that the Nigerian Naira has lost value against the Kenyan Shilling by 60.2% over the past year.

The pair experienced high volatility of 259.52%.

High volatility means there is a higher risk of significant price changes. It is better to closely monitor the exchange rate in such situations.

NGN to KES Currency Performance and Volatility

Last 7 Days

• Performance: ₦20 varied between KSh0.104 (weekly low) and KSh0.117 (weekly high), a variance of KSh0.013 .
• Volatility: Fluctuated by 12.5%.

Last 30 Days

• Performance: ₦20 varied between KSh0.085 (30-day low) to KSh0.117 (30-day high), a variance of KSh0.032 .
• Volatility: Fluctuated by 37.65%.

Last 90 Days

• Performance: ₦20 varied between KSh0.084 (90-day low) to KSh0.192 (90-day high), a variance of KSh0.108 .
• Volatility: Fluctuated by 128.57%.

Last Year

• Performance: ₦20 ranged from KSh0.084 (yearly low) to KSh0.302 (yearly high), a variance of KSh0.218 .
• Volatility: Fluctuated by 259.52%.

NGN to KES Forecast and trending

Is the Nigerian Naira going up or down against the Kenyan Shilling?

Today's NGN to KES exchange rate (0.116) is smaller compared to yesterday's rate (0.116).

Understanding NGN to KES Currency Exchange: Our Top Tips

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 Nigerian Naira to Kenyan Shilling, to send a payment, for a trip overseas, when shopping online or to hold a balance in Kenyan Shilling.

How to convert NGN to KES?

You can convert Nigerian Naira to Kenyan Shilling 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 Kenyan Shilling 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:

• Choose an exchange service that suits your needs
• Head there with the money in Nigerian Naira cash to exchange
• Get a quote for the exchange rate and any commission or fee you need to pay
• Hand over your money and receive your Kenyan Shilling in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

• Choose an international payment service that suits your needs and head to their desktop site, or download their app
• Tap Send Payment
• Enter the amount in Nigerian Naira you want to send, or the amount in Kenyan Shilling you want your recipient to get in the end
• You'll be shown a quote for the exchange rate and any commission or fee you need to pay
• Choose your preferred payment method, and follow the prompts to pay
• Your money will be deposited to your recipient's bank account directly, in Kenyan Shilling

How to get the best NGN to KES exchange rate?

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 NGN to KES exchange rate for your specific transaction.

Get to know the NGN/KES 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 NGN/KES 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 Nigerian Naira and Kenyan Shilling. 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.

How to buy Nigerian Naira with Kenyan Shilling?

You'll be able to exchange Kenyan Shilling to Nigerian Naira in the same way as you'd exchange Nigerian Naira to Kenyan Shilling. If you have Kenyan Shilling 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 Kenyan Shilling. 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 Nigerian Naira 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.

Where to exchange NGN to KES?

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.