LocalExchangeRates.com

Official Rate Sheet: Nigerian Naira (NGN) / Guyanaese Dollar (GYD)

Date generated:

Mid-Market Rate: 1 NGN = 0.1575 GYD

Real-Time Interbank Wholesale Feed: October 6, 2026

Nigerian Naira to Guyanaese Dollar Exchange Rate (NGN to GYD)

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 GYD?

1 NGN = 0.1575 GYD

At the current mid-market wholesale exchange rate, converting 1,000 Nigerian Naira (NGN) yields approximately 157.45 Guyanaese Dollar (GYD) (inverse rate: 1 GYD = 6.3512 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): GYD

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

Kurs rynkowy: 1 NGN = 0.1575 GYD

Kurs odwrotny: 1 GYD = 6.3512 NGN

Status danych: Live Data (Redis)

Looking for reverse calculation? Check GYD to NGN (Guyanaese Dollar to Nigerian Naira) Live Converter →

NGN to GYD Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Nigerian Naira against Guyanaese Dollar

Period High

0.1593 GYD

Period Low

0.1556 GYD

Volatility / Avg

0.1575 GYD

Mid-Market Trend

+0.25%

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

Min: 0.1556 GYD

Max: 0.1593 GYD

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

Min: 0.1519 GYD

Max: 0.1630 GYD

Standard Denomination Conversion Matrix (NGN & GYD)

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

Nigerian Naira → Guyanaese Dollar (NGN / GYD)

Wholesale Benchmark

Nigerian Naira (NGN)	Guyanaese Dollar (GYD)
1 NGN	0.16 GYD
5 NGN	0.79 GYD
10 NGN	1.57 GYD
25 NGN	3.94 GYD
50 NGN	7.87 GYD
100 NGN	15.75 GYD
200 NGN	31.49 GYD
250 NGN	39.36 GYD
500 NGN	78.73 GYD
1,000 NGN	157.45 GYD
2,500 NGN	393.63 GYD
5,000 NGN	787.26 GYD
10,000 NGN	1,574.51 GYD

Guyanaese Dollar → Nigerian Naira (GYD / NGN)

Wholesale Benchmark

Guyanaese Dollar (GYD)	Nigerian Naira (NGN)
1 GYD	6.35 NGN
5 GYD	31.76 NGN
10 GYD	63.51 NGN
25 GYD	158.78 NGN
50 GYD	317.56 NGN
100 GYD	635.12 NGN
200 GYD	1,270.23 NGN
250 GYD	1,587.79 NGN
500 GYD	3,175.58 NGN
1,000 GYD	6,351.17 NGN
2,500 GYD	15,877.92 NGN
5,000 GYD	31,755.84 NGN
10,000 GYD	63,511.67 NGN

Provider / Channel	NGN/GYD Effective Exchange Rate	Estimated Fee	Estimated Received (GYD)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.1575 GYD	0.00%	787.26 GYD	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.1519 GYD	~3.50%	759.70 GYD	-27.55 GYD
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.1417 GYD	~10.00%	708.53 GYD	-78.73 GYD

1 NGN to GYD: Nigerian Naira to Guyanaese Dollar Exchange Guide

Searches for 1 NGN to GYD or convert NGN to GYD describe the amount of Guyanaese Dollar received per 1 Nigerian Naira. At today's wholesale baseline of 1 NGN = 0.1575 GYD (inverse: 1 GYD = 6.3512 NGN), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Nigeria ↔ Guyana)

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 Guyana shape the medium-to-long term valuation of NGN/GYD.

NGN and GYD Currency Profiles

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

How the NGN to GYD Exchange Rate Works

Foreign exchange transactions between Nigeria (NGN) and Guyana (GYD) 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 GYD:

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 Guyana serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Nigeria and Guyana 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 (GYD) 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 Guyanaese Dollar Conversion

Common questions regarding Nigerian Naira to Guyanaese Dollar conversion, bank spreads, and transfer costs.

How much is 1,000 NGN in GYD today?

At the current mid-market exchange rate (1 NGN = 0.1575 GYD), 1,000 Nigerian Naira equals approximately 157.45 Guyanaese Dollar. 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.