CNY to NGN Exchange Rate

As of 2026-09-11, 1 CNY = 203.90 NGN (mid-market). Over the past 30 days it has ranged from 203.21 to 207.33.

CNY: China pursues a managed floating exchange rate regime based on market supply and demand with reference to a basket of currencies, adopted in the July 2005 reform that ended the fixed peg to the US dollar. The China Foreign Exchange Trade System, authorized by the People's Bank of China, publishes a central parity rate of the renminbi against the US dollar each business day, around which onshore trading is managed. NGN: Nigeria's naira trades in the Nigerian Foreign Exchange Market (NFEM), where the Central Bank of Nigeria publishes a daily official USD/NGN rate calculated as the volume-weighted average of that day's NFEM transactions, a single market-determined rate that replaced Nigeria's earlier layered system of the Dutch Auction System/Wholesale DAS (from August 2005), the Inter-bank Foreign Exchange Market and the Bureau de Change segment. The CBN continues to revise NFEM operating guidelines — most recently in November 2024 — and to intervene directly, including disclosed foreign-exchange spot sales to authorised dealers.