LocalExchangeRates.com

Official Rate Sheet: Nigerian Naira (NGN) / Ghanaian Cedi (GHS)

Date generated:

Mid-Market Rate: 1 NGN = 0.0088 GHS

Real-Time Interbank Wholesale Feed: October 6, 2026

Nigerian Naira to Ghanaian Cedi Exchange Rate (NGN to GHS)

Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.

Bottom Line Up Front (BLUF): How much is 1,000 NGN in GHS?

1 NGN = 0.0088 GHS

At the current mid-market wholesale exchange rate, converting 1,000 Nigerian Naira (NGN) yields approximately 8.84 Ghanaian Cedi (GHS) (inverse rate: 1 GHS = 113.1177 NGN). This rate represents the pure interbank benchmark. Retail dealers and commercial banks typically apply a commercial spread between 1.5% and 3.5%. View live calculations, historical charts, and provider spreads below.

You Pay (Amount): NGN

You Receive (Estimate): GHS

Wycena na podstawie średniego kursu międzybankowego (0,00% marży)

Kurs rynkowy: 1 NGN = 0.0088 GHS

Kurs odwrotny: 1 GHS = 113.1177 NGN

Status danych: Live Data (Redis)

Looking for reverse calculation? Check GHS to NGN (Ghanaian Cedi to Nigerian Naira) Live Converter →

NGN to GHS Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Nigerian Naira against Ghanaian Cedi

Period High

0.0089 GHS

Period Low

0.0087 GHS

Volatility / Avg

0.0088 GHS

Mid-Market Trend

+0.25%

30-Day Range (1M) Position: 50% range

Min: 0.0087 GHS

Max: 0.0089 GHS

52-Week Range (1Y) Current Position: 65% Range

Min: 0.0085 GHS

Max: 0.0091 GHS

Standard Denomination Conversion Matrix (NGN & GHS)

Wholesale interbank rate matrix with zero retail markup or hidden fees.

Nigerian Naira → Ghanaian Cedi (NGN / GHS)

Wholesale Benchmark

Nigerian Naira (NGN)	Ghanaian Cedi (GHS)
1 NGN	0.01 GHS
5 NGN	0.04 GHS
10 NGN	0.09 GHS
25 NGN	0.22 GHS
50 NGN	0.44 GHS
100 NGN	0.88 GHS
200 NGN	1.77 GHS
250 NGN	2.21 GHS
500 NGN	4.42 GHS
1,000 NGN	8.84 GHS
2,500 NGN	22.10 GHS
5,000 NGN	44.20 GHS
10,000 NGN	88.40 GHS

Ghanaian Cedi → Nigerian Naira (GHS / NGN)

Wholesale Benchmark

Ghanaian Cedi (GHS)	Nigerian Naira (NGN)
1 GHS	113.12 NGN
5 GHS	565.59 NGN
10 GHS	1,131.18 NGN
25 GHS	2,827.94 NGN
50 GHS	5,655.88 NGN
100 GHS	11,311.77 NGN
200 GHS	22,623.54 NGN
250 GHS	28,279.42 NGN
500 GHS	56,558.84 NGN
1,000 GHS	113,117.69 NGN
2,500 GHS	282,794.22 NGN
5,000 GHS	565,588.45 NGN
10,000 GHS	1,131,176.90 NGN

Provider / Channel	NGN/GHS Effective Exchange Rate	Estimated Fee	Estimated Received (GHS)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.0088 GHS	0.00%	44.20 GHS	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.0085 GHS	~3.50%	42.65 GHS	-1.55 GHS
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.0080 GHS	~10.00%	39.78 GHS	-4.42 GHS

1 NGN to GHS: Nigerian Naira to Ghanaian Cedi Exchange Guide

Searches for 1 NGN to GHS or convert NGN to GHS describe the amount of Ghanaian Cedi received per 1 Nigerian Naira. At today's wholesale baseline of 1 NGN = 0.0088 GHS (inverse: 1 GHS = 113.1177 NGN), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Nigeria ↔ Ghana)

Whether remitting money internationally or budgeting for travel, benchmark retail bank quotes against the wholesale mid-market rate to avoid excessive markups.

🏦 Commercial Bank Spreads

Major commercial banks typically add markups between 1.5% and 3.5% on foreign currencies, whereas digital multi-currency accounts operate with tighter margins.

📈 Monetary Policy Drivers

Interest rate decisions and monetary policies set by Central Bank of Nigeria (CBN) and Bank of Ghana (BoG) shape the medium-to-long term valuation of NGN/GHS.

NGN and GHS Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for Nigeria and Ghana.

How the NGN to GHS Exchange Rate Works

Foreign exchange transactions between Nigeria (NGN) and Ghana (GHS) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.

Key considerations when converting or transferring between NGN and GHS:

Banking Channel Selection: Digital banking transfers and specialized multi-currency accounts generally offer exchange margins of 0.2% to 0.8%, whereas airport physical cash booths frequently charge 8% to 12% over the interbank baseline.
Central Bank Oversight & Policy: Monetary policy decisions, policy interest rate differentials, and currency reserves managed by Central Bank of Nigeria (CBN) and Bank of Ghana (BoG) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Nigeria and Ghana exceeding equivalent to 10,000 USD or EUR are legally required to file written declarations with border authorities.
Avoid Dynamic Currency Conversion (DCC): When using payment cards abroad or withdrawing cash from ATMs, always elect to be billed in the local currency (GHS) rather than your home billing currency to bypass costly DCC conversion markups.

LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.

Frequently Asked Questions: Nigerian Naira to Ghanaian Cedi Conversion

Common questions regarding Nigerian Naira to Ghanaian Cedi conversion, bank spreads, and transfer costs.

How much is 1,000 NGN in GHS today?

At the current mid-market exchange rate (1 NGN = 0.0088 GHS), 1,000 Nigerian Naira equals approximately 8.84 Ghanaian Cedi. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.

Where can I get the best exchange rate for Nigerian Naira?

To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.

Are there cash declaration limits when traveling with NGN?

Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Central Bank of Nigeria (CBN)) prior to departure.

Does the exchange rate fluctuate during weekends?

Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.

How is the mid-market exchange rate calculated?

The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.