🇯🇵 JPY to 🇳🇬 NGN — Japanese Yen (yen) to Nigerian Naira Rate Today
Live indicative interbank rate, June 2026. Updated daily at 01:00 UTC.
Convert Japanese Yen to Nigerian Naira at the live indicative interbank rate with the converter below. A reference for importers, businesses and Japanese Yen–Nigerian Naira trade.
JPY to NGN rate change
Rate tracking started 15 June 2026. Change data fills in daily — 1-day change available tomorrow.
Change in the JPY→NGN rate. + means the Nigerian Naira weakened against the Japanese Yen; − means it strengthened.
Currency converter
JPY → NGN conversion table
| JPY | NGN |
|---|---|
| 500 | 4,245.00 |
| 1,000 | 8,490.00 |
| 2,000 | 16,980.00 |
| 5,000 | 42,450.00 |
| 10,000 | 84,900.00 |
| 25,000 | 212,250.00 |
| 50,000 | 424,500.00 |
| 100,000 | 849,000.00 |
| 250,000 | 2,122,500.00 |
| 500,000 | 4,245,000.00 |
| 1,000,000 | 8,490,000.00 |
Table computed at the indicative rate of 1 JPY = 8.49 NGN. Real operator-side values include a 1%-4% spread.
Why the JPY/NGN rate matters for trade
Japan is one of Nigeria's leading East-Asian trade partners — by some measures its second-largest in West Africa — supplying vehicles, machinery and electronics. Nigerian importers and businesses use the JPY/NGN rate to price Japanese capital goods and used vehicles brought in through Lagos.
Japanese Yen to Nigerian Naira exchange rate history
What moves the Nigerian Naira rate
The naira has been on a managed float since the 2023 NAFEM unification, which erased most of the old official-vs-parallel gap (30%-60% pre-2023, now 1%-3%). Watch CBN interventions, oil receipts and the parallel-market premium — that is what moves the rate day to day.
About the Japanese Yen
The Japanese Yen (JPY, ¥) is issued by the Bank of Japan and, unlike most currencies, has no minor unit in everyday use — amounts are quoted in whole yen, so a price is written as ¥10,000 with no decimal places. The yen is one of the world's most-traded currencies and a traditional safe-haven, which makes it relatively liquid against African currencies even though direct JPY/Africa interbank markets are thin and most rates are derived through the US dollar. For African importers the yen matters most in two arenas: capital goods and machinery (Japan is a major supplier of vehicles, plant and electronics across the continent), and the used-vehicle trade, where Japan is the dominant export source for right-hand-drive markets in Kenya, Tanzania, Uganda, Zambia and beyond. Because the per-unit yen value is small against currencies like the naira or shilling, buyers usually convert in tens of thousands of yen.
About the Nigerian Naira
The Nigerian Naira (NGN, ₦) is the official currency of Nigeria, issued by the Central Bank of Nigeria (CBN) since 1973 when it replaced the Nigerian pound. Subdivided into 100 kobo, the Naira is one of Africa's most-traded currencies and the principal medium of exchange for the continent's largest economy. Since the CBN's 2023 unification of the parallel and official exchange rate windows through what it calls the NAFEM mechanism, the Naira has traded under market-driven pricing rather than the previous administered peg. Nigeria receives an estimated 20 billion USD a year in formal remittances, and for inbound flows to MTN MoMo PSB, OPay, PalmPay and Moniepoint the published Naira rate is now typically within 1%-3% of the parallel market — a sharp narrowing compared to the 30%-60% gaps that prevailed before unification.
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FAQ
What is the JPY/NGN exchange rate today?
How much is 100 JPY in NGN?
Is this the rate for importing or paying a JPY/NGN supplier?
Is the Nigerian Naira a stable currency?
Where do I get the best JPY/NGN rate?
Rates shown on this page are indicative interbank reference rates updated daily. For an actual trade payment, banks, forex bureaus and trade-finance providers add a 1%-3% margin above this reference, plus any fixed fees (SWIFT wire, letter of credit). Use this rate as a benchmark, not a quote. MomoCalc does not process payments.