1 NGN to TZS - Convert Nigerian Naira to Tanzanian Shilling

Looking at the 30-day window, the NGN/TZS pair traded in a range of 1.8710 to 1.9641. The monthly average was 1.9160 with 1.43% volatility. This upward movement of 2.6% suggests significant momentum in the NGN/TZS exchange rate.

The current mid-market exchange rate is 1 NGN = 1.9089 TZS, updated as of July 3, 2026, 6:24 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Nigerian Naira to Tanzanian Shilling Exchange Rate

The NGN/TZS exchange rate tells you how many Tanzanian Shilling (TZS) you receive for every Nigerian Naira (NGN). At the current mid-market rate of 1 NGN = 1.9089 TZS, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

Historical NGN/TZS Trends

The NGN/TZS exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Sending Money from NGN to TZS

International money transfers from Nigerian Naira to Tanzanian Shilling can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

Using the NGN/TZS Calculator

The free calculator at the top of this page converts any amount between Nigerian Naira and Tanzanian Shilling instantly using live market data. Simply enter an amount in either currency to see the converted value in the other. The tool also shows a conversion table for common amounts, a historical rate chart, and the inverse TZS/NGN rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

Reverse Rate: TZS to NGN

The reverse exchange rate is 1 TZS = 0.523860 NGN. This is useful if you are starting with Tanzanian Shilling and want to know how much Nigerian Naira you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated TZS to NGN converter for the reverse direction.