The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
SGD to NGN Market Data
Singapore dollar (SGD) to Nigerian naira (NGN) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell SGD →
Buy NGN
1 SGD = 1,203.6 NGN
—
SGD to NGN at 1204 is near its 3-month average, having traded in a fairly volatile 10.0% range from 1135 to 1248
Is the SGD to NGN Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Singapore dollar against the Nigerian naira is to review how the SGD/NGN rate has changed over time.
The table below shows the percentage change in the SGD to NGN exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
SGD/NGN
Change
Period
30 May 2025
1230.11
2.2% ▼
2 Week
15 Mar 2025
1144.99
5.1% ▲
3 Month
13 Jun 2024
1113.80
8% ▲
1 Year
14 Jun 2020
277.84
333% ▲
5 Year
16 Jun 2015
148.09
712.4% ▲
10 Year
18 Jun 2005
80.83
1388.4% ▲
20 Year
SGD/NGN historic rates & change to 13-Jun-2025
SGD to NGN Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Singapore dollar are worth in Nigerian naira across a range of amounts.
This gives a quick view of what you’d get when converting different SGD amounts at today’s rate * :
What is the
best Send Money conversion rate for SGD to NGN?
The best SGD to NGN exchange rate is 1196.4 from Wise.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Singapore dollar (SGD) to Nigerian naira (NGN) rates from different sources before making a conversion.
The above
Singapore dollar to Naira comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest SGD-NGN mid-rate and the possible savings of using various providers.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
Recent currency market updates and analyst forecasts indicate a complex outlook for the SGD to USD exchange rate influenced by geopolitical tensions and economic data trends.