NGN to MYR Currency Converter
Nigerian Naira → Malaysian Ringgit
Exchange rates may be out of date. The displayed rates are the most recent available and are for informational purposes only.
Currency Converter
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Current Exchange Rate
1 NGN = 0.003 MYR
1 MYR = 337.7621 NGN
Last updated: 2026-07-11 00:06 UTC. Rates are for informational purposes only and are not trading quotes.
One Nigerian Naira (NGN) is worth about 0.0030 Malaysian Ringgit (MYR) at the current mid-market rate. Going the other way, one MYR buys roughly 337.7621 NGN.
This is the mid-market rate — the midpoint between buy and sell prices on the wholesale market. Banks and payment providers add a margin on top, typically 0.5% to 3%, so the rate you are actually offered will be slightly worse. For small transfers the fixed fee usually costs more than the margin.
Getting the best rate
- Compare the total received, not the headline rate: a "0% commission" offer usually hides its margin in the exchange rate.
- Convert on weekdays. Spreads widen at weekends when the wholesale market is closed.
- For amounts above a few thousand, a specialist transfer service is normally 1-2% cheaper than a bank.
NGN to MYR Conversion Table
| NGN | MYR |
|---|---|
| ₦ 1 | RM 0.00 |
| ₦ 5 | RM 0.01 |
| ₦ 10 | RM 0.03 |
| ₦ 25 | RM 0.07 |
| ₦ 50 | RM 0.15 |
| ₦ 100 | RM 0.30 |
| ₦ 500 | RM 1.48 |
| ₦ 1,000 | RM 2.96 |
| ₦ 5,000 | RM 14.80 |
| ₦ 10,000 | RM 29.61 |
Nigerian Naira (NGN)
| Code | NGN |
|---|---|
| Symbol | ₦ |
| Country | Nigeria |
Malaysian Ringgit (MYR)
| Code | MYR |
|---|---|
| Symbol | RM |
| Country | Malaysia |
Frequently Asked Questions
The current exchange rate is 1 NGN = 0.003 MYR. Rates are updated daily from market data.
100 NGN is approximately 0.3 MYR at the current exchange rate.
Exchange rates are updated daily. The rates shown are for informational purposes only and are not trading quotes.