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Gold price history in Nigeria

Gold price today in NigeriaNigerian Naira1 gram · 24K

Gold price history in Nigeria since 1999: the monthly average for 1 gram of 24K gold in Nigerian Naira, from the international gold price and exchange rates. In October 2026, it averaged NGN 176,805.

Gold price by year in Nigeria

+637.47%
35,83092,494149,158205,822176,805
Apr 2022Aug 2023Jan 2025May 2026
YearAverage · 1 gram · 24KLowest monthHighest monthChange
2026 (so far)NGN 198,119NGN 176,805Oct 2026NGN 218,522Feb 2026+18.63%
2025NGN 167,010NGN 134,083Jan 2025NGN 200,881Dec 2025+45.82%
2024NGN 114,528NGN 60,032Jan 2024NGN 142,558Nov 2024+186.42%
2023NGN 39,986NGN 27,622Feb 2023NGN 57,015Dec 2023+63.25%
2022NGN 24,494NGN 23,129Jul 2022NGN 25,953Mar 2022+5.56%
2021NGN 23,204NGN 21,168Mar 2021NGN 24,338Jun 2021+13.30%
2020NGN 20,480NGN 15,345Jan 2020NGN 23,962Aug 2020+49.16%
2019NGN 13,730NGN 12,643May 2019NGN 14,899Sep 2019+9.64%
2018NGN 12,523NGN 11,797Sep 2018NGN 13,198Apr 2018-0.07%
2017NGN 12,532NGN 11,816Jan 2017NGN 13,292Aug 2017+21.46%
2016NGN 10,318NGN 6,988Jan 2016NGN 13,729Aug 2016+40.05%
2015NGN 7,367NGN 6,817Dec 2015NGN 7,854Feb 2015+10.19%
2014NGN 6,686NGN 6,358Jan 2014NGN 7,085Mar 2014-7.09%
2013NGN 7,196NGN 6,230Dec 2013NGN 8,415Jan 2013-15.17%
2012NGN 8,483NGN 8,055May 2012NGN 8,864Feb 2012+8.26%
2011NGN 7,836NGN 6,649Jan 2011NGN 8,935Sep 2011+32.39%
2010NGN 5,919NGN 5,299Feb 2010NGN 6,762Dec 2010+27.33%
2009NGN 4,648NGN 3,979Jan 2009NGN 5,444Dec 2009+40.16%
2008NGN 3,317NGN 2,847Nov 2008NGN 3,641Mar 2008+18.59%
2007NGN 2,797NGN 2,590Jan 2007NGN 3,097Nov 2007+12.58%
2006NGN 2,484NGN 2,277Jan 2006NGN 2,764May 2006+31.62%
2005NGN 1,887NGN 1,799May 2005NGN 2,125Dec 2005+7.57%
2004NGN 1,755NGN 1,635May 2004NGN 1,880Dec 2004+14.69%
2003NGN 1,530NGN 1,357Apr 2003NGN 1,822Dec 2003+26.17%
2002NGN 1,213NGN 1,029Jan 2002NGN 1,368Dec 2002+27.36%
2001NGN 952NGN 894Apr 2001NGN 1,007Dec 2001+14.16%
2000NGN 834NGN 191Jan 2000NGN 978Dec 2000+92.86%
1999NGN 432NGN 177Aug 1999NGN 565Oct 1999–

Monthly averages of the international gold price, converted at each month’s average exchange rate (central bank reference rates via Frankfurter). Highs and lows are monthly averages, not single days.

Frequently asked questions

What was the price of gold in Nigeria in 2025?

In 2025, 1 gram of 24K gold averaged NGN 167,010, from monthly averages of the international gold price and the Nigerian Naira exchange rate.

What was the price of gold in Nigeria in 2020?

In 2020, 1 gram of 24K gold averaged NGN 20,480, from monthly averages of the international gold price and the Nigerian Naira exchange rate.

What was the price of gold in Nigeria in 2015?

In 2015, 1 gram of 24K gold averaged NGN 7,367.09, from monthly averages of the international gold price and the Nigerian Naira exchange rate.

What was the price of gold in Nigeria in 2005?

In 2005, 1 gram of 24K gold averaged NGN 1,887.44, from monthly averages of the international gold price and the Nigerian Naira exchange rate.

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