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🇳🇬 NGN to 🇲🇺 MURNigerian Naira to Mauritian Rupee (Rs) Rate Today

Live indicative interbank rate. Last refreshed 25 Jun 2026 01:19:36 UTC.

Convert Nigerian Naira to Mauritian Rupee using the live indicative interbank rate and the converter below. Covers the cost of sending to Mauritius via the major mobile money apps.

LiveUpdated 2026-06-25 · Computed via USD cross
1 NGN = 0.03494 MUR

Currency converter

You convert
🇳🇬NGN
Receives
🇲🇺3.49MUR
1 NGN = 0.03494 MUR · Updated 2026-06-25 01:19

NGN → MUR conversion table

NGNMUR
50017.47
1,00034.94
2,00069.88
5,000174.69
10,000349.38
25,000873.44
50,0001,746.89
100,0003,493.78
250,0008,734.45
500,00017,468.90
1,000,00034,937.80

Table computed at the indicative rate of 1 NGN = 0.03494 MUR. Real operator-side values include a 1%-4% spread.

Nigerian Naira to Mauritian Rupee exchange rate history

Building rate history — check back soon.

Official vs Parallel Market Rate

Tracks live P2P (via Bybit)
Official (interbank)
Central bank reference rate
1 NGN = 0.034938 MUR
Parallel / bureau
Buy 0.031649 · Sell 0.034026
1 NGN0.032795 MUR
Premium / spread
-6.5%

Parallel signal: Binance P2P USDT median, updated 25 Jun 2026, 01:00 (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.

Converting and sending the Mauritian Rupee: what to know

The rupee floats and is freely usable, making it one of the region's more stable and convertible currencies, with few practical FX frictions for senders or receivers. As an Indian-Ocean trade and finance hub, Mauritius is set up for smooth cross-border money movement, and converting in or out of rupees is generally straightforward. There is no significant parallel-market issue to work around, so the quoted rate is broadly the rate you transact at. For most transfers, expect orderly access to foreign exchange and a currency that behaves predictably in everyday use.

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 Mauritian Rupee

Issued by the Bank of Mauritius, the Mauritian rupee subdivides into 100 cents and ranks among the steadier currencies in the African region. The island has reinvented itself as a tourism magnet and an offshore financial-services centre, channelling investment between Asia and Africa, which gives the rupee a more diversified support base than purely commodity-driven units. A substantial share of the population traces its roots to the Indian subcontinent, a legacy reflected in the country's culture and its long-standing economic links across the Indian Ocean. Sound institutions help the rupee avoid the abrupt swings seen elsewhere.

Related pairs

FAQ

What is the NGN/MUR exchange rate today?
The indicative rate is 1 NGN = 0.03494 MUR, updated 2026-06-25. This is an interbank mid-market reference; mobile money operators apply their own spread on top.
How much is 100 NGN in MUR?
100 NGN ≈ 3.49 MUR at the indicative rate. For 500 NGN: 17.47 MUR. Use the converter above to try other amounts.
What's the best way to send Nigerian Naira to Mauritius?
For NGN to Mauritius transfers, compare Sendwave, LemFi, WorldRemit, TapTap Send, Wise and traditional bank rails. The fee structure varies by amount and receiving method.
Is the Mauritian Rupee a stable currency?
Issued by the Bank of Mauritius, the Mauritian rupee subdivides into 100 cents and ranks among the steadier currencies in the African region. The island has reinvented itself as a tourism magnet and an offshore financial-services centre, channelling investment between Asia and Africa, which gives the rupee a more diversified support base than purely commodity-driven units.
Why is the rate I see on my mobile money operator different?
The rate shown here is an indicative interbank mid-market reference. Operators (Sendwave, M-Pesa, MTN MoMo, LemFi, etc.) add a 1%-4% spread on top of this mid-market to cover their risk and operational cost. This is normal and consistent with market practice.

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 Mauritius, see the inbound transfer comparison.