What is the current NGN to TZS exchange rate?

The current mid-market exchange rate is 1 NGN = 1.8748 TZS. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best NGN to TZS rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert NGN to TZS?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the NGN/TZS rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert NGN to TZS — live rate

Convert Nigerian Nairas to Tanzanian Shillings and compare the real cost of sending money.

You send

NGN

They receive

TZS

1 NGN = 1.8748 TZS • Mid-market rate

Updated just now

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Historical NGN/TZS exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: NGN to TZS

1 NGN → 1.87 TZS

5 NGN → 9.37 TZS

10 NGN → 18.75 TZS

50 NGN → 93.74 TZS

100 NGN → 187.48 TZS

500 NGN → 937.41 TZS

1,000 NGN → 1,874.82 TZS

5,000 NGN → 9,374.10 TZS

Currency snapshots

NGN — Nigerian Naira

ISO Code NGN

Symbol ₦

Central Bank Central Bank of Nigeria

Common Notes ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000

Learn more about NGN

TZS — Tanzanian Shilling

ISO Code TZS

Central Bank Bank of Tanzania

Common Notes 500, 1000, 2000, 5000, 10000

Learn more about TZS

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert NGN to TZS — live rate

Historical NGN/TZS exchange rate

Quick reference: NGN to TZS

Real cost of NGN → TZS

Estimated savings

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Currency snapshots