Per gram (999)NGN 2,544.5
Per troy ounceNGN 79,143.2
Per kilogramNGN 2,544,513.6
USD/NGN rate1,362.26
Data as of 2026-07-30. Sources: Gold API (XAG spot), Frankfurter (official FX rates).
Price per gram by purity
| Fineness | Purity | Price per gram |
|---|---|---|
| 999 (fine silver) | 99.9% | NGN 2,542 |
| 958 (Britannia) | 95.8% | NGN 2,437.6 |
| 925 (sterling) | 92.5% | NGN 2,353.7 |
| 875 | 87.5% | NGN 2,226.4 |
| 830 | 83.0% | NGN 2,111.9 |
| 800 | 80.0% | NGN 2,035.6 |
Frequently asked questions
How much is a gram of silver in Nigerian naira?
The computed price of one gram of 999 silver is NGN 2,544.5 at the official NGN rate. Retail prices are higher by premiums, VAT and fees.
Why is silver more volatile than gold?
The silver market is smaller and more than half of demand is industrial (electronics, solar), so the price reacts more to the economic cycle.
What is 925 sterling silver?
Sterling silver is 92.5% silver with 7.5% alloy for durability — the jewellery standard. Investment bars and coins use 999 fine silver.
Other currencies
Gold in the same currency: gold price in Nigerian naira. The metal ratio — Gold/Silver Ratio.