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KRW to NGN Historical Exchange Rates

Welcome to the KRW to NGN exchange rate history page. This page contains detailed daily historical exchange rates between KRW and NGN from 2025-3-8 to 2026-11-06, making it easy to look up and reference.

Amount
Result

1 KRW = 1.01508 NGN

02:34 Exchange Rate

KRW to NGN business scenario

Use KRW 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.
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Currency pairKRW / NGN
Latest reference rate1 KRW = 1.01508 NGN

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1 KRW to NGN Historical Exchange Rate Trends

1 KRW = -- NGN

02:34 Exchange Rate

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

1 KRW to NGN Data Statistics

This section organizes the historical exchange rate data of 1 KRW 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
1.01508
1.04552
1.04552
1.04552
Low
1.01508
1.01508
1.00709
0.979343
Average
1.01508
1.02932
1.02329
1.009838

Past 7 days historical exchange rates

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

KRW to NGN - Last 7 Days

KRWKRWNGNNGN
2026-11-06
1.01508
KRWKRWNGNNGN
2026-11-05
1.02713
KRWKRWNGNNGN
2026-11-04
1.02487
KRWKRWNGNNGN
2026-11-03
1.02684
KRWKRWNGNNGN
2026-11-02
1.02312
KRWKRWNGNNGN
2026-11-01
1.02625
KRWKRWNGNNGN
2026-10-31
1.02594

NGN to KRW - Last 7 Days

NGNNGNKRWKRW
2026-11-06
0.98514
NGNNGNKRWKRW
2026-11-05
0.97359
NGNNGNKRWKRW
2026-11-04
0.97573
NGNNGNKRWKRW
2026-11-03
0.97386
NGNNGNKRWKRW
2026-11-02
0.9774
NGNNGNKRWKRW
2026-11-01
0.97442
NGNNGNKRWKRW
2026-10-31
0.97472

KRWKRW - won

The won was introduced in 1945 to accompany the economic development of the South after the division of the Korean Peninsula. As the currency of a global technology and manufacturing powerhouse, the won has a high degree of international competitiveness, reflecting the rapid modernization of the Korean economy.

  • Supporting unit:No actual circulating auxiliary currency.
  • Denomination of banknotes:1000, 5000, 10000, 50000 yuan
  • Reserve currency:Yes, it is one of the major reserve currencies in Asia.
  • Banknote material:Paper with watermark and multiple anti-counterfeiting designs
  • Metal composition:Copper-nickel alloys, stainless steel, etc.
  • Currency symbol:₩
  • Paper currency size:For example, 50,000 yuan is approximately 154mm × 68mm.
  • language:en
  • Main unit:1 Won
  • ISO code:KRW
  • Currency name:South Korean Won
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Bank of Korea
  • Safe-haven currency:No, it fluctuates significantly but remains relatively stable.
  • Coin denomination:1, 5, 10, 50, 100, 500 yuan
  • Countries of Use:South Korea is the only country where it is officially used.
  • Cross-border payment:International remittances are supported through the SWIFT network, and the South Korean won is widely used in Asian trade, often paired with the US dollar and euro for international payments.

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.
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FAQ

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

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

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

The core factor affecting the historical volatility of KRW to NGN recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of KRW 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 KRW, thereby intensifying the frequency of two-way volatility between KRW and NGN.

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

Historically, KRW against NGN has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against KRW 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 KRW to NGN within an acceptable trade cost range.

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

To evaluate the current level of KRW 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 KRW is approaching a historical resistance level. If the current KRW price has broken through highs from years ago, it indicates that KRW is at an extreme high; exchanging KRW to NGN now can often lock in more substantial trade profits than in previous years.

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

AI predictions for KRW to NGN are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of KRW through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for KRW 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.