Official Mid-Market Interbank Rate

NGN to PHP Currency Calculator

Real-time official mid-market exchange rate between Nigerian Naira and Philippine Peso

Quick Amounts:
Converted Total
100.00 NGN = 4.71 PHP
Mid-Market Rate: 1 NGN = 0.047131 PHP Inverse Rate: 1 PHP = 21.218 NGN Live Sync: Tue, 03 Nov 2026 00:00:01 UTC
Hidden Fee Notice

Bank vs. Real Mid-Market Rate Comparison

How traditional banks markup NGN to PHP transfers vs. the true market rate:

✓ Currency-Calculator.com (Interbank Mid-Market)

1 NGN = 0.047131 PHP

Pure mid-market exchange rate. Zero markup, zero hidden spreads.

✕ Traditional Retail Banks (Chase, Barclays, HSBC, RBC)

1 NGN ≈ 0.045246 PHP

Major banks (Chase, Wells Fargo, Barclays, HSBC, RBC, Santander) typically hide 3.5% to 5.5% margin fees within their retail exchange rates. (Est. loss: ~3.5% - 5.5%)

At the current mid-market exchange rate, 1 Nigerian Naira (NGN) equals 0.047131 Philippine Peso (PHP), while 1 PHP equals 21.218 NGN. Our market rates update continuously (last refreshed Tue, 03 Nov 2026 00:00:01 UTC), ensuring cross-border money transfers, travel budgets, and international conversions are calculated with transparent market data.

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Quick NGN to PHP Conversion Table

Quick NGN to PHP Conversion Table
NGN (Nigerian Naira) PHP (Philippine Peso) PHP (Philippine Peso) NGN (Nigerian Naira)
1 NGN 0.05 PHP 1 PHP 21.22 NGN
5 NGN 0.24 PHP 5 PHP 106.09 NGN
10 NGN 0.47 PHP 10 PHP 212.18 NGN
25 NGN 1.18 PHP 25 PHP 530.44 NGN
50 NGN 2.36 PHP 50 PHP 1,060.88 NGN
100 NGN 4.71 PHP 100 PHP 2,121.75 NGN
500 NGN 23.57 PHP 500 PHP 10,608.77 NGN
1,000 NGN 47.13 PHP 1,000 PHP 21,217.53 NGN
5,000 NGN 235.65 PHP 5,000 PHP 106,087.66 NGN

Frequently Asked Questions: NGN to PHP

What is the live exchange rate for 1 NGN to PHP?

1 NGN (Nigerian Naira) is currently worth 0.047131 PHP (Philippine Peso) using the official real-time mid-market foreign exchange rate.

How much is 100 NGN in PHP?

At today's rate of 0.047131, 100 NGN equals 4.71 PHP.

What is the inverse rate of PHP to NGN?

1 PHP (Philippine Peso) equals 21.218 NGN (Nigerian Naira). Click the swap button above to flip the calculator instantly.

Are there hidden fees when converting through banks in the US, UK, Canada, or EU?

Yes. Most commercial retail banks apply a hidden markup of 3% to 6% on top of the mid-market rate. The rate displayed on currency-calculator.com is the pure interbank mid-market rate with zero spread.

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