Understanding the exchange rate between the Nigerian Naira (NGN) and the Kenyan Shilling (KES) is crucial for investors, travelers, and businesses involved in transactions between Nigeria and Kenya. This article explores the historical exchange rates, tools for currency conversion, and key factors influencing the NGN to KES exchange rate.
Currency Conversion Tools
Several tools are available to facilitate currency conversion from NGN to KES. These tools provide current exchange rates and historical data, enabling users to make informed decisions.
The Markets Insider currency calculator offers a currency conversion from Nigerian naira to Kenyan shilling within seconds. Additionally, the currency calculator allows you to calculate historical exchange rates in addition to the current rate. Conversion from Nigerian naira to Kenyan shilling 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 Nigerian naira - Kenyan shilling. The results are displayed in a clearly arranged table. In the menu, you can select the desired exchange rates of about 160 international currencies from the two lists.
Naira vs Kenyan Shillings 🤔
Historical Exchange Rates
Analyzing historical exchange rates provides valuable insights into the volatility and trends of the NGN to KES exchange rate. These charts use live mid-market rates, are easy to use, and are very reliable.
Read also: Current USD/NGN Value
Xe Currency Charts: Create a chart for any currency pair in the world to see their currency history. It also shows the history chart of this currency pairs, by choosing the time period you can get more detailed information.
Would you like to invert the currencies pairs? Link to this page - if you would like to link to 13000 Nigerian Naira(NGN) To Kenyan Shilling(KES) Exchange Rates.
Xe Historical Currency Exchange Rates ChartConvertSendChartsAlertsFromWe use midmarket ratesThese are derived from the mid-point between the "buy" and "sell" transactional rates from global currency markets. They are not transactional rates.
Example of Historical Data (Hypothetical):
| Date | NGN/KES Exchange Rate |
|---|---|
| November 9, 2024 | 0.27 |
| November 9, 2025 | 0 |
Key Factors Influencing the Exchange Rate
Several factors can influence the NGN to KES exchange rate, including:
Read also: Exchange Rate Analysis
- Economic Performance: The economic health of both Nigeria and Kenya plays a significant role.
- Political Stability: Political events and stability can impact investor confidence and currency values.
- Trade Balance: The balance of trade between the two countries affects the demand and supply of each currency.
Additional Tools and Resources
Xe Rate Alerts: Need to know when a currency hits a specific rate? The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs.
Download the Xe AppCheck live rates, send money securely, set rate alerts, receive notifications and more.Over 113 million downloads worldwide
Currency Information
NGN - Nigerian Naira Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. The currency code for Nigerian Nairas is NGN. The currency symbol is ₦.More Nigerian Naira info
KES - Kenyan Shilling Our currency rankings show that the most popular Kenyan Shilling exchange rate is the KES to USD rate. The currency code for Kenyan Shillings is KES. The currency symbol is KSh.More Kenyan Shilling info
Xe Currency Data APIPowering commercial grade rates at 300+ companies worldwideSee our API plans The world's most popular currency toolsXe International Money TransferSend money online fast, secure and easy. Live tracking and notifications + flexible delivery and payment options.
Read also: Exchange Rate: 300 USD to NGN
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