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1900000 Nigerian naira to Chinese yuan Exchange Rate History - XTransfer

1900000 Nigerian naira to Chinese yuan Historical Exchange Rates

Welcome to the NGN to CNY exchange rate history page. This page contains detailed daily historical exchange rates between NGN and CNY from 2025-3-8 to 2026-06-07, making it easy to look up and reference.

Amount
Result

1 NGN = 0.0049617 CNY

09:31 Exchange Rate

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1 Nigerian naira to Chinese yuan Historical Exchange Rate Trends

1 NGN = -- CNY

09:31 Exchange Rate

NGN - CNY+0%
7D
1M
3M
Invalid DateInvalid Date

1 Nigerian naira to Chinese yuan Data Statistics

This section organizes the historical exchange rate data of 1 NGN to CNY, 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
0.0049617
0.00496534
0.00499276
0.00509624
Low
0.0049617
0.00493124
0.00493124
0.00490656
Average
0.0049617
0.00494932
0.00495973
0.00497068

Past 7 days historical exchange rates

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

NGN to CNY - Last 7 Days

NGNNGNCNYCNY
2026-06-07
0.0049617
NGNNGNCNYCNY
2026-06-06
0.0049617
NGNNGNCNYCNY
2026-06-05
0.00494785
NGNNGNCNYCNY
2026-06-04
0.00494708
NGNNGNCNYCNY
2026-06-03
0.00493621
NGNNGNCNYCNY
2026-06-02
0.00495308
NGNNGNCNYCNY
2026-06-01
0.00493124

CNY to NGN - Last 7 Days

CNYCNYNGNNGN
2026-06-07
201.5438257
CNYCNYNGNNGN
2026-06-06
201.5438257
CNYCNYNGNNGN
2026-06-05
202.1079863
CNYCNYNGNNGN
2026-06-04
202.13944387
CNYCNYNGNNGN
2026-06-03
202.584574
CNYCNYNGNNGN
2026-06-02
201.89457873
CNYCNYNGNNGN
2026-06-01
202.7887509

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.

CNYCNY - Chinese Yuan

The RMB was issued in 1948 when the People's Bank of China was established. It is the only legal currency in China. In recent years, the internationalization of the RMB has accelerated and it has been included in the Special Drawing Rights (SDR) basket of the International Monetary Fund. Its influence in cross-border trade, foreign exchange reserves and digital payments continues to rise.

  • Supporting unit:1 angle, 1 point
  • Denomination of banknotes:1 yuan, 5 yuan, 10 yuan, 20 yuan, 50 yuan, 100 yuan (taking the fifth series of the Renminbi as an example)
  • Reserve currency:Yes, the Renminbi is part of the IMF's Special Drawing Rights (SDR) currency basket.
  • Banknote material:Primarily composed of cotton lint pulp.
  • Metal composition:Aluminum alloy (early), stainless steel copper zinc alloy, steel core copper-plated alloy, steel core nickel-plated.
  • Currency symbol:¥
  • language:en
  • Main unit:1 yuan
  • ISO code:CNY
  • Currency name:Renminbi
  • Exchange Rate System:Managed floating exchange rate system
  • Central Bank:People's Bank of China
  • Safe-haven currency:It has certain regional hedging functions but has not yet become a major global safe-haven currency.
  • Coin denomination:1 jiao, 5 jiao, 1 yuan
  • Countries of Use:The official currency in China is the Renminbi, and some countries and regions also accept Renminbi payments in trade.
  • Cross-border payment:The Cross-Border Interbank Payment System (CIPS) has extended its clearing network to cover 25 countries and regions worldwide.

FAQ

Based on the historical patterns of Nigerian naira to Chinese yuan, is now a good time to exchange?

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

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

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

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

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

Is the current exchange rate of Nigerian naira to Chinese yuan considered a historical high or low?

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

How accurate are the AI-predicted exchange rates for Nigerian naira to Chinese yuan?

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