🇿🇦 South African Rand to Naira Rate Today (August 10, 2026)
South African Rand (ZAR) to Naira — Full Rate Table (August 10, 2026)
| Rate Type | Buy Rate (₦) | Sell Rate (₦) | Note | Updated |
|---|---|---|---|---|
| 🏦 CBN Official | ₦80.65 | ₦80.65 | CBN official rate | 26 Jul 2026 6:33am |
| 🏪 Parallel Market | ₦75.00 | ₦78.00 | Parallel market rate | 26 Jul 2026 6:36am |
FAQs — South African Rand to Naira Exchange Rate
What is the South African Rand to Naira exchange rate today?
Today (August 10, 2026), 1 South African Rand (ZAR) = ₦80.65 at the CBN official rate and approximately ₦78.00 at the parallel (black) market rate. Rates are updated on this page whenever significant changes occur.
What is the South African Rand to Naira black market rate today?
The parallel market (black market) rate for 1 South African Rand (ZAR) to Naira today (August 10, 2026) is approximately ₦78.00. This rate is typically higher than the CBN official rate. The parallel market is also known as the street market or Aboki FX rate.
What is the difference between CBN official rate and black market rate?
The CBN (Central Bank of Nigeria) official rate is the rate used by banks and bureaux de change for regulated transactions. The parallel market (black market) rate is the street market rate, typically 1–5% higher than the official rate. The gap between both rates has narrowed since the CBN unified the exchange rate windows in 2023.
How can I buy ZAR in Nigeria?
You can buy ZAR in Nigeria through: (1) CBN-licensed commercial banks — available to customers for eligible transactions like school fees, medical bills, and BTA/PTA. (2) CBN-licensed Bureau de Change (BDC) operators. (3) FMDQ-registered traders for large transactions. The Central Bank of Nigeria regulates all legitimate FX transactions.
Exchange rates on this page are sourced from CBN publications and parallel market surveys. Rates are for informational purposes only and do not constitute financial advice. Always confirm rates with your bank or licensed bureau de change before transacting. CurrentAffairs.com.ng is an independent civic platform and is not affiliated with the CBN. Last reviewed: August 10, 2026.