XTransfer
  • Products & Services
  • About Us
  • Help & Support
English
Create account

JPY to NGN Historical Exchange Rates

Welcome to the JPY to NGN exchange rate history page. This page contains detailed daily historical exchange rates between JPY and NGN from 2025-3-8 to 2026-10-24, making it easy to look up and reference.

Amount
Result

1 JPY = 8.68692 NGN

13:30 Exchange Rate

JPY to NGN business scenario

Use JPY to NGN exchange-rate context in business decisions

Review the currency trend as business context before choosing the next payment, collection, or account-service step.

What to confirm next

  • Use the rate as a reference for payment or collection planning.
  • Check whether the currency pair affects timing, amount, or account needs.
  • Choose the relevant XTransfer service path for the next business action.
Currency pairJPY / NGN
Latest reference rate1 JPY = 8.68692 NGN

Choose your next step

1 JPY to NGN Historical Exchange Rate Trends

1 JPY = -- NGN

13:30 Exchange Rate

JPY - NGN+0%
7D
1M
3M

1 JPY to NGN Data Statistics

This section organizes the historical exchange rate data of 1 JPY to NGN, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
8.68692
8.68692
8.71423
8.93297
Low
8.68692
8.58037
8.46639
8.37024
Average
8.68692
8.60853
8.61149
8.69987

Past 7 days historical exchange rates

Below are the daily average exchange rates of JPY to NGN for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of NGN to JPY, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

JPY to NGN - Last 7 Days

JPYJPYNGNNGN
2026-10-24
8.68692
JPYJPYNGNNGN
2026-10-23
8.65522
JPYJPYNGNNGN
2026-10-22
8.61763
JPYJPYNGNNGN
2026-10-21
8.58037
JPYJPYNGNNGN
2026-10-20
8.58451
JPYJPYNGNNGN
2026-10-19
8.60395
JPYJPYNGNNGN
2026-10-18
8.59679

NGN to JPY - Last 7 Days

NGNNGNJPYJPY
2026-10-24
0.11512
NGNNGNJPYJPY
2026-10-23
0.11554
NGNNGNJPYJPY
2026-10-22
0.11604
NGNNGNJPYJPY
2026-10-21
0.11655
NGNNGNJPYJPY
2026-10-20
0.11649
NGNNGNJPYJPY
2026-10-19
0.11623
NGNNGNJPYJPY
2026-10-18
0.11632

JPYJPY - Japanese yen

The Japanese yen was officially issued in 1871, replacing the old monetary system. As one of the world's major reserve currencies, the Japanese yen plays an important role in the international financial market and is the backbone of Japan's economy and export-oriented industries.

  • Supporting unit:1 yen = 100 sen (subcurrency has been discontinued)
  • Denomination of banknotes:1000, 2000 (rare), 5000, 10000 yen
  • Reserve currency:Yes, it is one of the world's major reserve currencies.
  • Banknote material:Cotton paper as the main material, featuring anti-counterfeiting designs such as watermarks, security threads, and color-shifting ink.
  • Metal composition:Aluminum, copper-nickel alloy, nickel-copper alloy, etc.
  • Currency symbol:¥
  • Paper currency size:For example, 10,000 yen measures approximately 160mm × 76mm, with slight variations in size depending on the denomination.
  • language:en
  • Main unit:1 Japanese Yen
  • ISO code:JPY
  • Currency name:Japanese Yen
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Bank of Japan
  • Safe-haven currency:Yes, it is one of the safe-haven currencies in the international financial market.
  • Coin denomination:1, 5, 10, 50, 100, 500 yen
  • Countries of Use:Japan is the only country where it is officially used.
  • Cross-border payment:Supports the global SWIFT network; as the world's third-largest reserve currency, the Japanese yen is widely used in international trade and investment.

NGNNGN - Nigerian Naira

The naira was introduced in 1973 as a replacement for the Nigerian pound. The NGN plays a central role in Africa's largest economy, supporting a diversified economy, particularly the oil and agriculture industries.

  • Supporting unit:1 Naira = 100 Kobo
  • Denomination of banknotes:5, 10, 20, 50, 100, 200, 500, 1000 Naira
  • Reserve currency:No, the primary reserves consist of foreign currencies such as USD, EUR, and RMB.
  • Banknote material:Most are paper-based, while some small denominations are made of polymer.
  • Metal composition:Nickel-plated steel core, copper alloy, aluminum alloy, etc.
  • Currency symbol:₦
  • Paper currency size:For example, 1000 Naira is approximately 151mm × 78mm.
  • language:en
  • Main unit:Naira
  • ISO code:NGN
  • Currency name:Nigerian Naira
  • Exchange Rate System:Regulated floating exchange rate system
  • Central Bank:Central Bank of Nigeria
  • Safe-haven currency:No, there are significant fluctuations in exchange rates and strong capital controls.
  • Coin denomination:50 Cobos, 1, 2 Naira (seldom used).
  • Countries of Use:Nigeria is the only country where it is used officially.
  • Cross-border payment:Naira is not freely convertible in the international market and is primarily settled through the SWIFT network and banking intermediaries. Cross-border payments often use the US dollar or euro as intermediary currencies, which limits efficiency.
advertisement banner

Pay and get paid in local currency. Save up to 80% on your currency exchanges.

Get it for free now

FAQ

Based on the historical patterns of JPY to NGN, is now a good time to exchange?

To judge the timing for exchanging JPY to NGN, one must compare current rates with the average over the past year or even five years. If the current JPY rate is well above the historical average, it usually means JPY is in a strong period, making it a good window for settlement into NGN. Conversely, if JPY is at a historical low, it is recommended for exporters to hold JPY in batches and avoid the troughs to minimize losses when converting to NGN.

What are the main reasons affecting the historical volatility of JPY to NGN recently?

The core factor affecting the historical volatility of JPY to NGN recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of JPY tends to increase, leading to a significant rise in its historical exchange rate against NGN. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for JPY, thereby intensifying the frequency of two-way volatility between JPY and NGN.

Has JPY experienced a sharp plunge against NGN before? How can I protect myself?

Historically, JPY against NGN has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against JPY exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of JPY to NGN within an acceptable trade cost range.

Is the current exchange rate of JPY to NGN considered a historical high or low?

To evaluate the current level of JPY to NGN, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if JPY is approaching a historical resistance level. If the current JPY price has broken through highs from years ago, it indicates that JPY is at an extreme high; exchanging JPY to NGN now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for JPY to NGN?

AI predictions for JPY to NGN are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of JPY through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for JPY to NGN should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.