NGN to ARS - Convert Nigerian Naira to Argentine Peso

Convert NGN to ARS using our currency converter with real exchange rate today

1 NGN = 0.582 ARS

1 ARS = 1.718 NGN

(Mid-market exchange rate)

Last updated Oct 11, 2024 02:30 GMT

NGN to ARS conversion chart

Below is the live and historical Nigerian Naira to Argentine Peso rate chart so you can see today's rate - and how the rates have changed over time.

1 NGN = 0.582 ARS

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1,000 Nigerian Naira to Argentine Peso stats | NGN to ARS

Stat Last 7 days Last 30 days Last 90 days Last year Selected period on chart
High 0.588 0.588 0.6 1.017 0.588
Low 0.582 0.571 0.561 0.414 0.571
Average 0.584 0.58 0.583 0.618 0.58
Volatility 1.03% 2.98% 6.95% 145.65% 2.98%

What is the Nigerian Naira worth against the Argentine Peso today?

1 NGN is worth 0.582 ARS today

How much is 1,000 NGN worth in ARS?

At the current exchange rate of 0.582 , a sum of 1,000 Nigerian Naira is worth 582 Argentine Peso.

Which currency is stronger? NGN or ARS?

The Argentine Peso is currently stronger than the Nigerian Naira given that 1 ARS is equal to 1.718 NGN. Conversely, 1 NGN is worth 0.582 ARS.

Overview of NGN to ARS Performance and Trends

Today, to buy 1,000 Nigerian Naira, you need 582 Argentine Peso. On the same date last year, you needed 456 Argentine Peso for 1,000 Nigerian Naira. This change indicates that the Nigerian Naira has become stronger against the Argentine Peso by 27.63% over the past year.

The pair experienced high volatility of 145.65%.

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 ARS Currency Performance and Volatility

Last 7 Days

  • Performance: ₦1,000 varied between $0.582 (weekly low) and $0.588 (weekly high), a variance of $0.006 .
  • Volatility: Fluctuated by 1.03%.

Last 30 Days

  • Performance: ₦1,000 varied between $0.571 (30-day low) to $0.588 (30-day high), a variance of $0.017 .
  • Volatility: Fluctuated by 2.98%.

Last 90 Days

  • Performance: ₦1,000 varied between $0.561 (90-day low) to $0.6 (90-day high), a variance of $0.039 .
  • Volatility: Fluctuated by 6.95%.

Last Year

  • Performance: ₦1,000 ranged from $0.414 (yearly low) to $1.017 (yearly high), a variance of $0.603 .
  • Volatility: Fluctuated by 145.65%.

NGN to ARS Forecast and trending

Is the Nigerian Naira going up or down against the Argentine Peso?

Today's NGN to ARS exchange rate (0.582) is smaller compared to yesterday's rate (0.583).

Currency information

NGN - Nigerian Naira

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

More Nigerian Naira (NGN) information >

ARS - Argentine Peso

The currency code for Argentine Peso is ARS.

The ARS currency symbol is $.

Minor unit: 1/100 = Centavo

ARS rank by most traded currencies: 39

Avg proportion of daily world trade volume: 0% (Low daily trade currency)

ARS rank by strongest currencies (buying power): 122

The Argentine Peso is the currency of 1 countries:
Argentina

Understanding NGN to ARS 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 Argentine Peso, to send a payment, for a trip overseas, when shopping online or to hold a balance in Argentine Peso.

How to convert NGN to ARS?

You can convert Nigerian Naira to Argentine Peso 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 Argentine Peso 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 Argentine Peso 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 Argentine Peso 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 Argentine Peso

How to get the best NGN to ARS 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 ARS exchange rate for your specific transaction.

Get to know the NGN/ARS 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/ARS 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 Argentine Peso. 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 Argentine Peso?

You'll be able to exchange Argentine Peso to Nigerian Naira in the same way as you'd exchange Nigerian Naira to Argentine Peso. If you have Argentine Peso 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 Argentine Peso. 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 ARS?

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.

Frequently asked questions when converting Nigerian Naira to Argentine Peso (NGN to ARS)

How much is the Nigerian Naira to Argentine Peso?

The Nigerian Naira to Argentine Peso exchange rate today is 0.582 . Use this guide to learn more about exchanging NGN to ARS in the easiest and best value way for your specific needs.

How much is 1,000 Nigerian Naira to the Argentine Peso?

The NGN to ARS rate today is 0.582 . That means that 1,000 Nigerian Naira would be worth 582 Argentine Peso.

How to exchange Nigerian Naira to Argentine Peso?

Exchange NGN to ARS 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 NGN to ARS.

How to send money to Argentina?

If you want to send money from Nigeria - or anywhere else in the world - to Argentina, 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 Argentina - plus, you'll be able to get everything arranged with just your laptop or phone.

What is the Mid-Market Rate?

The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Argentine Peso and Nigerian Naira 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 Nigerian Naira to Argentine Peso exchange rate with our handy tools, to help you compare your options.

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