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Home>Nigerian Naira to Philippine Peso, NGN to PHP - Currency Converter

1000 Nigerian Naira to Philippine Peso exchange rate

Convert NGN to PHP at the actual exchange rate

Amount

ngn currency flagNGN

Convert to

php currency flag PHP

₦1.000 NGN = ₱0.03695 PHP

05:46 UTCMid-Market Rate

The Currency Converter provides exchange rate information and the latest news, and is not a currency trading platform. Any information displayed here is not financial advice.

Nigerian NairatoPhilippine PesoCurrency conversion table

1 NGN0.03695 PHP
5 NGN0.18475 PHP
10 NGN0.36950 PHP
20 NGN0.73900 PHP
50 NGN1.84750 PHP
100 NGN3.69500 PHP
250 NGN9.23750 PHP
500 NGN18.47500 PHP
1000 NGN36.95000 PHP
2000 NGN73.90000 PHP
5000 NGN184.75000 PHP
10000 NGN369.50000 PHP

Philippine PesotoNigerian NairaCurrency conversion table

1 NGN27.06360 PHP
5 NGN135.31800 PHP
10 NGN270.63599 PHP
20 NGN541.27199 PHP
50 NGN1,353.17997 PHP
100 NGN2,706.35995 PHP
250 NGN6,765.89986 PHP
500 NGN13,531.79973 PHP
1000 NGN27,063.59946 PHP
2000 NGN54,127.19892 PHP
5000 NGN135,317.99729 PHP
10000 NGN270,635.99459 PHP

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FAQ

The Only Fair Exchange Rate: The Mid-Market Exchange Rate

Nigerian Naira to Philippine Peso, NGN to PHP - Currency Converter

Exchange rates don't have to be complicated. In fact, there's only one you need to worry about: the mid-market rate.

Banks and other providers set their own rates, so there is no universal rate. But in reality, there is a "real" rate. It's called the mid-market rate.

Generally speaking, bankers are willing to pay a certain price for a currency, and are willing to sell it for a certain price. The midpoint between these prices is the mid-market rate. Since this is the rate that the market naturally sets, it is the "truest" and fairest rate.