Australian Dollar to Nigerian Naira: A Historical Overview

The Markets Insider currency calculator offers a currency conversion from Australian dollar to Nigerian naira within seconds.

Vacationers in Australia can make conversions at the current exchange rate. The currency calculator provides an ideal tool for investors investing in international stock exchanges with different currencies.

Conversion from Australian dollar to Nigerian naira can be done at current rates as well as at historical rates - to do this, select the desired exchange rate date. Today’s date is set by default.

Additionally, the currency calculator shows the closing rate of the previous day as well as the highest and lowest rates of the conversion Australian dollar - Nigerian naira. The results are displayed in a clearly arranged table.

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In the menu, you can select the desired exchange rates of about 160 international currencies from the two lists.

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Additionally, the currency calculator allows you to calculate historical exchange rates in addition to the current rate.

The Australian dollar/Nigerian naira converter is provided without any warranty. Prices might differ from those given by financial institutions as banks (Reserve Bank of Australia, Central Bank of Nigeria), brokers or money transfer companies.

More information: currency converter.

Is it the right time to change your currencies?

The best day to change Australian dollars in Nigerian nairas was the Thursday, 7 November 2024. At that time the currency had reached its highest value.

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100 Australian dollars = 111 835.8489 Nigerian nairas

The worst day to change Australian dollars in Nigerian nairas was the Sunday, 6 April 2025. The exchange rate had fallen to its lowest value.

100 Australian dollars = 91 865.1779 Nigerian nairas

Historical Australian dollar / Nigerian naira History of daily rates AUD /NGN since Thursday, 7 November 2024.

The maximum was reached on Thursday, 7 November 2024 1 Australian dollar = 1 118.3585 Nigerian naira the minimum on Sunday, 6 April 2025 1 Australian dollar = 918.6518 Nigerian naira

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Price History of NGN / AUD

Here's a glimpse into the price history of NGN/AUD, showcasing fluctuations over recent months:

DateAUD/NGN
Monday, 3 November 2025943.0790
Monday, 27 October 2025956.3754
Monday, 20 October 2025955.9991
Monday, 13 October 2025951.2488
Monday, 6 October 2025973.6686
Monday, 29 September 2025978.1856
Monday, 22 September 2025986.4037
Monday, 15 September 20251 000.3403
Monday, 8 September 2025994.0348
Monday, 1 September 20251 003.3188

The Australian dollar was officially launched in 1966, replacing the original Australian pound. The Australian dollar adopts a floating exchange rate system and has become an important commodity currency in global transactions due to its stable economic foundation.

The Australian dollar banknotes are made of advanced anti-counterfeiting plastic material, reflecting the country's natural and cultural characteristics.

The naira was introduced in 1973 as a replacement for the Nigerian pound. The NGN plays a central role in Africa's largest economy, supporting a diversified economy, particularly the oil and agriculture industries.

Below are the daily average exchange rates of AUD to NGN for the past 7 days, helping you track the trend during this period.

We also provide exchange rate changes of NGN to AUD, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

The actual amount received during remittance is directly affected by the AUD to NGN exchange rate. Differences in rates offered by banks or platforms may lead to significant differences in the final amount.

It’s recommended to compare real-time rates and fees from several providers before making a decision.

When conducting cross-border transactions, pay attention to real-time rates, the bid-ask spread, settlement fees, etc. Especially for large payments, even small differences in the AUD to NGN exchange rate can result in substantial changes in actual amounts.

Different banks or payment platforms use various pricing mechanisms. Some use mid-market rates; others add wider spreads, fees, and settlement times.

Causes you to see AUD to NGN on Platform A as 7.10, while Platform B shows 7.02. Such differences can be significant for large transactions.

By examining the recent fluctuations in the exchange rate between AUD and NGN, you can determine whether the current exchange rate is high or low, helping you decide whether to immediately remit, lock up the exchange, or delay the transaction to obtain a better price.

Look at the charts of AUD to NGN over the past few months. If the trend is upward, it means AUD is appreciating and exchanging to NGN is more cost-effective; if downward, you may want to act quickly to exchange at a better rate.

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tags: #Nigeria #Naira