OANDA's currency calculator tools use OANDA Rates™, the touchstone FX rates compiled from leading market data contributors.
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These values represent the daily average of the Bid and Ask rates OANDA receives from many data sources.
NGN - Nigerian Naira
The Nigerian naira (NGN) is the official currency of Nigeria. It is subdivided into 100 kobos. The Central Bank of Nigeria is the only bank with the authority to issue the legal currency. The symbol of the Nigerian naira is ₦.
ZAR - South African Rand
The South African rand (ZAR) is the currency of South Africa and is issued by the South African Reserve Bank. The South African rand has the symbol R. It is subdivided into 100 cents. The currency’s name is derived from the word ‘Witwatersrand’, which means ‘white waters’ ridge’. The ridge is where most of South Africa's gold deposits were found and where Johannesburg was built.
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