LocalExchangeRates.com

Official Rate Sheet: Nigerian Naira (NGN) / Yemeni Rial (YER)

Date generated:

Mid-Market Rate: 1 NGN = 0.1780 YER

Real-Time Interbank Wholesale Feed: October 6, 2026

Nigerian Naira to Yemeni Rial Exchange Rate (NGN to YER)

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 YER?

1 NGN = 0.1780 YER

At the current mid-market wholesale exchange rate, converting 1,000 Nigerian Naira (NGN) yields approximately 178.00 Yemeni Rial (YER) (inverse rate: 1 YER = 5.6180 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): YER

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

Kurs rynkowy: 1 NGN = 0.1780 YER

Kurs odwrotny: 1 YER = 5.6180 NGN

Status danych: Live Data (Redis)

Looking for reverse calculation? Check YER to NGN (Yemeni Rial to Nigerian Naira) Live Converter →

NGN to YER Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Nigerian Naira against Yemeni Rial

Period High

0.1801 YER

Period Low

0.1759 YER

Volatility / Avg

0.1780 YER

Mid-Market Trend

+0.25%

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

Min: 0.1759 YER

Max: 0.1801 YER

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

Min: 0.1718 YER

Max: 0.1842 YER

Standard Denomination Conversion Matrix (NGN & YER)

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

Nigerian Naira → Yemeni Rial (NGN / YER)

Wholesale Benchmark

Nigerian Naira (NGN)	Yemeni Rial (YER)
1 NGN	0.18 YER
5 NGN	0.89 YER
10 NGN	1.78 YER
25 NGN	4.45 YER
50 NGN	8.90 YER
100 NGN	17.80 YER
200 NGN	35.60 YER
250 NGN	44.50 YER
500 NGN	89.00 YER
1,000 NGN	178.00 YER
2,500 NGN	445.00 YER
5,000 NGN	889.99 YER
10,000 NGN	1,779.98 YER

Yemeni Rial → Nigerian Naira (YER / NGN)

Wholesale Benchmark

Yemeni Rial (YER)	Nigerian Naira (NGN)
1 YER	5.62 NGN
5 YER	28.09 NGN
10 YER	56.18 NGN
25 YER	140.45 NGN
50 YER	280.90 NGN
100 YER	561.80 NGN
200 YER	1,123.61 NGN
250 YER	1,404.51 NGN
500 YER	2,809.01 NGN
1,000 YER	5,618.03 NGN
2,500 YER	14,045.07 NGN
5,000 YER	28,090.15 NGN
10,000 YER	56,180.30 NGN

Provider / Channel	NGN/YER Effective Exchange Rate	Estimated Fee	Estimated Received (YER)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.1780 YER	0.00%	889.99 YER	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.1718 YER	~3.50%	858.84 YER	-31.15 YER
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.1602 YER	~10.00%	800.99 YER	-89.00 YER

1 NGN to YER: Nigerian Naira to Yemeni Rial Exchange Guide

Searches for 1 NGN to YER or convert NGN to YER describe the amount of Yemeni Rial received per 1 Nigerian Naira. At today's wholesale baseline of 1 NGN = 0.1780 YER (inverse: 1 YER = 5.6180 NGN), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Nigeria ↔ Yemen)

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 Central Bank of Yemen shape the medium-to-long term valuation of NGN/YER.

NGN and YER Currency Profiles

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

How the NGN to YER Exchange Rate Works

Foreign exchange transactions between Nigeria (NGN) and Yemen (YER) 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 YER:

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 Central Bank of Yemen serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Nigeria and Yemen 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 (YER) 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 Yemeni Rial Conversion

Common questions regarding Nigerian Naira to Yemeni Rial conversion, bank spreads, and transfer costs.

How much is 1,000 NGN in YER today?

At the current mid-market exchange rate (1 NGN = 0.1780 YER), 1,000 Nigerian Naira equals approximately 178.00 Yemeni Rial. 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.