🇳🇬 NGN to 🇰🇪 KES — Nigerian Naira to Kenyan Shilling Rate Today
Indicative interbank rate. Interbank rate updated 23 Jul 00:00 UTC (2h ago) · ExchangeRate-API (interbank)
Convert Nigerian Naira to Kenyan Shilling using the live indicative interbank rate and the converter below. Covers the cost of sending to Kenya via the major mobile money apps.
NGN to KES rate change
Rate tracking started 5 June 2026. Longer windows fill in as history grows.
Change in the NGN→KES rate. + means the Kenyan Shilling weakened against the Nigerian Naira; − means it strengthened.
Why the NGN–KES route matters
Lagos and Nairobi are Africa's two largest startup hubs; this corridor is driven less by goods than by tech investment, pan-African SaaS billing and a fast-growing remote-work payroll flow.
Currency converter
NGN → KES conversion table
| NGN | KES |
|---|---|
| 500 | 47.00 |
| 1,000 | 94.00 |
| 2,000 | 188.00 |
| 5,000 | 470.00 |
| 10,000 | 940.00 |
| 25,000 | 2,350.00 |
| 50,000 | 4,700.00 |
| 100,000 | 9,400.00 |
| 250,000 | 23,500.00 |
| 500,000 | 47,000.00 |
| 1,000,000 | 94,000.00 |
Table computed at the indicative rate of 1 NGN = 0.094 KES. Real operator-side values include a 1%-4% spread.
Nigerian Naira to Kenyan Shilling exchange rate history
Official vs Parallel Market Rate
Tracks live P2P (via Bybit)The official and parallel rates have nearly converged — the gap is small, so licensed bank and app channels are both safe and competitive.
Parallel signal: Binance P2P USDT median, updated 23 Jul 2026, 02:00 (less than 1h ago). The quote tracks the live official rate between refreshes.
The parallel rate shown is an indicative, community-aggregated figure sourced from MomoCalc parallel-rate tracker. MomoCalc does not buy, sell, or set currency rates. Parallel rates vary by location, dealer, and time of day, and trading outside licensed channels may carry legal and security risks. Always confirm current rates with a licensed dealer before transacting. Educational only — not financial advice.
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 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.
About the Kenyan Shilling
The Kenyan Shilling (KES, KSh) is the official currency of Kenya, issued by the Central Bank of Kenya. Subdivided into 100 cents, the Shilling is one of East Africa's most-traded currencies and the de facto settlement unit for many cross-border flows in the EAC region. Kenya's outsized digital-payments ecosystem — anchored by Safaricom's M-Pesa, which clears a transaction volume equivalent to a substantial share of Kenyan GDP each year — means the KES is among the most active African currencies for mobile-money rails. The Central Bank of Kenya runs a managed-float regime with periodic interventions to smooth volatility, and the Shilling has generally tracked broader sub-Saharan currency trends against the USD. For inbound USD remittances to M-Pesa, formal-channel rates typically sit within 1%-2% of the interbank reference.
How to send Nigerian Naira to Kenya
For transfers from Nigeria to Kenya, the competitive options in 2026 are mobile-first remitters (Sendwave, LemFi, TapTap Send, Lemonade Finance), aggregators (Wise, WorldRemit, Remitly) and direct operator rails (MTN MoMo, Orange Money, M-Pesa Global). All-in cost depends on amount, receiving wallet and day. Compare options side by side on our Kenya inbound transfer page.
Related pairs
FAQ
What is the NGN/KES exchange rate today?
How much is 100 NGN in KES?
What's the best way to send Nigerian Naira to Kenya?
Is the Kenyan Shilling a stable currency?
Why is the rate I see on my mobile money operator different?
Rates shown on this page are indicative interbank reference rates updated daily. Operator send rates typically include a 1%-4% spread above this reference, which covers FX hedging cost, settlement risk and commercial margin. For exact send rates via M-Pesa, MTN MoMo, Sendwave, LemFi, WorldRemit, Wise or TapTap Send to Kenya, see the inbound transfer comparison.