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45 Nigerian naira to Kenyan shilling Exchange Rate History - XTransfer

45 Nigerian naira to Kenyan shilling Historical Exchange Rates

Welcome to the NGN to KES exchange rate history page. This page contains detailed daily historical exchange rates between NGN and KES from 2025-3-8 to 2026-05-12, making it easy to look up and reference.

Amount
Result

1 NGN = 0.094919 KES

13:31 Exchange Rate

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1 Nigerian naira to Kenyan shilling Historical Exchange Rate Trends

1 NGN = -- KES

13:31 Exchange Rate

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

1 Nigerian naira to Kenyan shilling Data Statistics

This section organizes the historical exchange rate data of 1 NGN to KES, 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
0.0946286
0.0951974
0.0951974
0.0967539
Low
0.0946286
0.093948
0.0938529
0.0906637
Average
0.0946286
0.0944859
0.0944137
0.0939634

Past 7 days historical exchange rates

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

NGN to KES - Last 7 Days

NGNNGNKESKES
2026-05-11
0.0946286
NGNNGNKESKES
2026-05-10
0.0947438
NGNNGNKESKES
2026-05-09
0.0947438
NGNNGNKESKES
2026-05-08
0.0950905
NGNNGNKESKES
2026-05-07
0.0943989
NGNNGNKESKES
2026-05-06
0.0951974
NGNNGNKESKES
2026-05-05
0.0949514

KES to NGN - Last 7 Days

KESKESNGNNGN
2026-05-11
10.5676297
KESKESNGNNGN
2026-05-10
10.5547804
KESKESNGNNGN
2026-05-09
10.5547804
KESKESNGNNGN
2026-05-08
10.5162976
KESKESNGNNGN
2026-05-07
10.5933438
KESKESNGNNGN
2026-05-06
10.5044886
KESKESNGNNGN
2026-05-05
10.5317036

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.

KESKES - Kenyan Shilling

The Kenyan Shilling was introduced in 1966 to replace the East African Monetary Unit. The KES plays a key role in East African Community trade, supports the development of the country's agriculture and service industries, and is an important pillar of Kenya's economy.

  • Supporting unit:1 shilling = 100 pence (cent)
  • Denomination of banknotes:50, 100, 200, 500, 1000 shillings
  • Reserve currency:No, it is mainly used for the domestic economy.
  • Banknote material:Cotton paper, featuring a watermark and anti-counterfeiting line.
  • Metal composition:Copper-nickel alloy, etc.
  • Currency symbol:KSh
  • Paper currency size:For example, 1000 shillings is approximately 150mm × 70mm.
  • language:en
  • Main unit:Shilling
  • ISO code:KES
  • Currency name:Kenyan Shilling
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Central Bank of Kenya
  • Safe-haven currency:No, exchange rates are heavily influenced by regional economic and political factors.
  • Coin denomination:1, 5, 10, 20 shillings
  • Countries of Use:Kenya is the only country where it is officially used.
  • Cross-border payment:International transfers are supported through the SWIFT network, with the Kenyan shilling being used in East African trade, while international transactions are primarily settled in US dollars or euros.

FAQ

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

To judge the timing for exchanging Nigerian naira to Kenyan shilling, 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 KES. 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 KES.

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

The core factor affecting the historical volatility of Nigerian naira to Kenyan shilling 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 KES. 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 Kenyan shilling.

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

Historically, Nigerian naira against Kenyan shilling 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 KES within an acceptable trade cost range.

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

To evaluate the current level of NGN to KES, 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 Kenyan shilling 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 Kenyan shilling?

AI predictions for NGN to KES 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 Kenyan shilling 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.