Japanese Yen to Naira Today — JPY to NGN Rate 6/22/2026

How Much is 1 Japanese Yen to Naira Today?

CBN Official Rate

Central Bank of Nigeria

₦8.4600

per 1 Japanese Yen (JPY)

Est. Black Market Rate

Parallel market estimate

₦8.5891

per 1 Japanese Yen (JPY)

Estimated black market JPY rate = CBN JPY/NGN rate × (Black Market USD ÷ CBN USD). Last updated: 6/22/2026.

The Japanese Yen to Naira exchange rate today is approximately ₦8.5891 Naira per 1 JPY (estimated parallel market rate). The official CBN rate is ₦8.4600 per JPY. Because the Japanese Yen is a low-denomination currency, most people convert in thousands — 1,000 JPY equals approximately ₦8,589 Naira today.

How much is 10,000 Yen in Naira? 10,000 JPY = approximately ₦85,891 Naira at today's estimated rate.

How much is 1 Naira in Yen? At today's rate, ₦1 Naira = approximately 0.12 JPY.

About the Japanese Yen and Nigeria

The Japanese Yen (JPY) is the official currency of Japan and the third most traded currency in the world's foreign exchange markets after the US Dollar and Euro. Despite Japan's status as the world's third-largest economy, the yen is a low-denomination unit — 1 USD typically equals 140–155 JPY — which is why you need large yen amounts to get significant naira.

There is a growing Nigerian community in Japan, particularly students on Japanese government scholarships, researchers, and professionals. Nigeria is also an important trading partner for Japanese automotive and electronics companies, meaning Nigerian importers frequently need to convert between naira and yen.

The JPY/NGN rate is not directly quoted in Nigeria's parallel market — it is estimated using the CBN's JPY/NGN rate scaled to the current dollar to naira black market rate on Aboki Forex.

Why is the Yen Weak?

The Japanese Yen has weakened substantially against the US Dollar in recent years, falling from around 110 JPY per dollar in 2021 to 150+ JPY per dollar by 2024. The cause is Japan's ultra-low interest rate policy — the Bank of Japan maintained near-zero (and briefly negative) interest rates while the US Federal Reserve aggressively raised rates, causing capital to flow out of yen and into dollars. This weakness in JPY/USD directly reduces the JPY/NGN rate as well, since the naira tracks the dollar.

Best Ways to Send Money from Japan to Nigeria

Nigerians in Japan sending money home have several good options:

  • Wise (formerly TransferWise): Supports JPY → NGN at the mid-market rate with transparent fees. Transfers arrive in Nigerian bank accounts within 1–2 business days. The best option for most amounts.
  • Sendwave: Zero-fee Japan-to-Nigeria transfers via mobile app. Fast delivery to Nigerian banks. Excellent for regular family remittances.
  • Remitly: Supports Japan → Nigeria. Express option delivers within hours; Economy option takes 2–5 business days at a lower rate.
  • Western Union: Available at Japan Post banks and convenience stores (7-Eleven, FamilyMart, Lawson). Good for urgent transfers or recipients who prefer cash pickup.
  • USDT P2P: Buy USDT (Tether) in Japan via a Japanese crypto exchange (bitFlyer, Coincheck, or Binance) and send to your recipient's Nigerian Binance wallet. They sell USDT on Binance P2P for near black market naira rates. Best naira rate available but requires crypto knowledge from both sides.

Always compare what 1,000,000 JPY delivers in naira across services before sending. The JPY/NGN rate shown on this page is your benchmark.

Black Market Rates
Dollar to Naira rate
Dollar currency
BUY
₦ 1390
DOLLAR (USD)
SELL
₦ 1400
Pound to Naira rate
Pound currency
BUY
₦ 1850
POUND (GBP)
SELL
₦ 1870
Euro to Naira rate
Euro currency
BUY
₦ 1590
EURO (EUR)
SELL
₦ 1610
Canadian Dollar to Naira rate
Canadian Dollar currency
BUY
₦ 1030
DOLLAR (CAD)
SELL
₦ 1100
South African Rand to Naira rate
South African Rand currency
BUY
₦ 75
RAND (ZAR)
SELL
₦ 90
UAE Dirham to Naira rate
UAE Dirham currency
BUY
₦ 350
DIRHAM (AED)
SELL
₦ 370
Chinese Yuan to Naira rate
Chinese Yuan currency
BUY
₦ 180
YUAN (CNY)
SELL
₦ 200
Ghanaian Cedi to Naira rate
Ghanaian Cedi currency
BUY
₦ 95
G.CEDI (GHS)
SELL
₦ 110
West African CFA to Naira rate
West African CFA currency
BUY
₦ 2380
CFA F.(XOF)
SELL
₦ 2460
Central African CFA to Naira rate
Central African CFA currency
BUY
₦ 2220
CFA F.(XAF)
SELL
₦ 2300
Australian Dollar to Naira rate
Australian Dollar currency
BUY
₦ 800
AUSSIE (AUD)
SELL
₦ 900

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Yen to Naira Conversion Table — 6/22/2026

Est. black market rate: ₦8.5891 per JPY | CBN rate: ₦8.4600 per JPY

Japanese Yen (JPY) Est. Black Market Naira (NGN) CBN Official Naira (NGN)
¥100 JPY ₦859 ₦846
¥500 JPY ₦4,295 ₦4,230
¥1,000 JPY ₦8,589 ₦8,460
¥2,000 JPY ₦17,178 ₦16,920
¥5,000 JPY ₦42,945 ₦42,300
¥10,000 JPY ₦85,891 ₦84,600
¥50,000 JPY ₦429,454 ₦423,000
¥100,000 JPY ₦858,908 ₦846,000
Naira to Japanese Yen Conversion Table
Amount in Naira (NGN) Est. Value in Japanese Yen (JPY)
₦1,000 Naira 116 JPY
₦5,000 Naira 582 JPY
₦10,000 Naira 1,164 JPY
₦50,000 Naira 5,821 JPY
₦100,000 Naira 11,643 JPY
₦500,000 Naira 58,213 JPY
₦1,000,000 Naira 116,427 JPY

More Exchange Rates

Does Aboki Forex Trade (Exchange) Currencies?
No, we do not trade any currency pair. Aboki Forex is purely an information platform that provides real-time black market and official CBN exchange rates. To exchange currency, contact a licensed Bureau de Change (BDC), your bank, or a trusted local forex dealer.
Is AbokiFx the same as Aboki Forex?
No, Aboki Forex (abokiforex.app) and AbokiFx are two separate and unaffiliated platforms. We are not connected to AbokiFx in any way. Aboki Forex provides live black market and CBN exchange rates for all major currencies versus the Nigerian Naira.
How can I Exchange Currency in Nigeria?
To exchange foreign currency in Nigeria, you have several options: (1) Visit a licensed Bureau de Change (BDC) — these are regulated by the CBN and found in major cities. (2) Use your commercial bank — they offer official CBN rates for account holders. (3) Use a trusted local forex market dealer — these operate in parallel/black market and typically offer higher rates than banks. Always verify the current rate on Aboki Forex before exchanging to ensure you get a fair deal.
Are the Black Market Rates accurate in all Markets?
Aboki Forex provides average black market rates collected from multiple dealers across major Nigerian cities including Lagos, Abuja, Kano, and Port Harcourt. Because the parallel market is unregulated, actual rates vary by location, dealer, and transaction size. The rates on Aboki Forex are a reliable benchmark, but always confirm the exact rate with your dealer before completing any transaction.
What is the difference between CBN, I&E and Black Market Rates?
The CBN (Central Bank of Nigeria) rate is the official government exchange rate used by commercial banks and regulated financial institutions. The I&E (Investors and Exporters) window was a market-based rate that has now been merged with the official CBN rate following Nigeria's forex unification policy. The Black Market rate (also called the parallel market or street rate) is typically higher than the official rate and reflects actual supply and demand dynamics for foreign currency in Nigeria outside the regulated banking system.
How often are the exchange rates updated on Aboki Forex?
Black market exchange rates on Aboki Forex are updated every hour throughout the trading day. The rates reflect real-time data collected from parallel market dealers across Nigeria. CBN official rates are updated daily, typically after the Central Bank of Nigeria publishes its official rates each business day.
Why is the black market dollar to naira rate higher than the official CBN rate?
The black market dollar to naira rate is higher than the official CBN rate because of the gap between foreign currency supply and demand in Nigeria. The Central Bank of Nigeria controls access to dollars at the official rate, limiting who can buy forex through official channels. Businesses and individuals who cannot access dollars through banks must turn to the parallel market, where higher demand relative to supply drives up the exchange rate.