GOLD 24K New York: $130/g ▲ 0.24%
SILVER New York: $1.42/g ▲ 0.33%
PLATINUM: $49.91/g Live
PALLADIUM: $43.59/g Live
USD/USD: 1.0000 Hourly
GOLD 24K New York: $130/g ▲ 0.24%
SILVER New York: $1.42/g ▲ 0.33%
PLATINUM: $49.91/g Live
PALLADIUM: $43.59/g Live
USD/USD: 1.0000 Hourly
🌍 Detected location: United States (USD)
Last Updated: 7:47 AM EDT

Japanese Yen to Nigerian Naira Converter

1 JPY = 9.5921 NGN

Live • Updated 7:47 AM EDT
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JPY to NGN Conversion Table

Quick reference for common conversion amounts at current mid-market rate

JPY Amount NGN Equivalent Exchange Rate
100 JPY 959.21 NGN 1 JPY = 9.5921 NGN
500 JPY 4,796.05 NGN 1 JPY = 9.5921 NGN
1,000 JPY 9,592.11 NGN 1 JPY = 9.5921 NGN
5,000 JPY 47,960.54 NGN 1 JPY = 9.5921 NGN
10,000 JPY 95,921.07 NGN 1 JPY = 9.5921 NGN
50,000 JPY 479,605.37 NGN 1 JPY = 9.5921 NGN

Last Updated: October 28, 2025 7:47 AM EDT

About JPY to NGN Exchange Rate

The Japanese Yen (JPY) to Nigerian Naira (NGN) exchange rate shows how much one JPY is worth in NGN. Currently, 1 JPY equals 9.5921 NGN.

Our currency converter uses real-time exchange rates sourced from global financial markets and updated hourly at the top of each hour. The mid-market rate you see here is the fairest rate available, representing the midpoint between buy and sell rates without any markup or hidden fees that banks and money transfer services typically add (which can be 2-4% above mid-market rates).

How to Use This JPY to NGN Converter

The JPY/NGN rate can fluctuate throughout the day based on economic factors, market sentiment, central bank policies, and geopolitical events. Currency markets are open 24/5 (Monday-Friday). Check back regularly for the latest rates, which update every hour on MarketsHost.

Frequently Asked Questions

What is the current JPY to NGN exchange rate?
The current exchange rate is 1 JPY = 9.5921 NGN. This rate is updated hourly and represents the mid-market rate without any markups.
How much is 1000 JPY in NGN?
1000 JPY equals approximately 9,592.11 NGN at the current exchange rate. See the conversion table above for more amount options.
Is 9.5921 NGN per JPY a good rate?
This is the mid-market rate, which is the fairest rate available in the forex market. Banks and money transfer services typically add a 2-4% markup to this rate. If you're getting a rate within 1-2% of this mid-market rate, that's considered competitive.
How often do JPY to NGN rates update?
Currency exchange rates on MarketsHost update every hour at the top of the hour. Currency markets operate 24 hours a day, 5 days a week (Monday-Friday), so rates can change continuously based on global economic events.
Where can I exchange JPY to NGN?
You can exchange currencies at banks, currency exchange bureaus, airports, or use online money transfer services like Wise, Western Union, or PayPal. Online services typically offer better rates (closer to mid-market) compared to physical exchanges.
What's the difference between mid-market rate and bank rate?
The mid-market rate (shown here) is the midpoint between buy and sell prices in the forex market with no markup. Bank rates typically add a 2-4% margin on top of the mid-market rate as their profit. For example, if the mid-market rate is 9.5921, a bank might offer 9.3043 (3% worse).
Why do JPY to NGN rates change?
Exchange rates change due to multiple factors including economic indicators (GDP, inflation, employment), central bank policies and interest rates, political stability, trade balances, market sentiment, and global events. Supply and demand in the forex market cause continuous rate fluctuations.
Can I convert NGN back to JPY?
Yes! Use our reverse NGN to JPY converter or click the swap button (⇄) in the calculator above to instantly reverse the conversion direction.