Silver price today in Nigeria
1 gram of fine silver (999) is worth NGN 2,116.46 in Nigeria today, based on the international spot price of $48.91 per troy ounce and 1,345.87 NGN per US dollar (Nov 3, 2026, 01:02 AM GMT+1).
Silver price in Nigerian Naira
| Unit | Fine silver (999) | Sterling silver (925) |
|---|---|---|
| 1 gram | NGN 2,116.46 | NGN 1,957.73 |
| 10 grams | NGN 21,165 | NGN 19,577 |
| 1 kilogram | NGN 2,116,462 | NGN 1,957,727 |
| 1 troy ounce | NGN 65,829 | NGN 60,892 |
These are international values: the spot price converted at the current exchange rate. Jewellers’ and dealers’ prices include taxes, making charges and margins.
Silver price by year in Nigeria
| Year | Average · 1 gram · 999 | Change |
|---|---|---|
| 2026 (so far) | NGN 3,164.71 | +63.73% |
| 2025 | NGN 1,932.88 | +42.51% |
| 2024 | NGN 1,356.27 | +182.04% |
| 2023 | NGN 480.87 | +62.50% |
| 2022 | NGN 295.92 | -8.66% |
| 2021 | NGN 323.98 | +35.80% |
| 2020 | NGN 238.57 | +49.44% |
| 2019 | NGN 159.64 | +2.99% |
| 2018 | NGN 155.02 | -8.83% |
| 2017 | NGN 170.03 | +19.06% |
| 2016 | NGN 142.81 | +43.20% |
| 2015 | NGN 99.73 | -0.91% |
| 2014 | NGN 100.65 | -17.23% |
| 2013 | NGN 121.59 | -23.17% |
| 2012 | NGN 158.27 | -9.86% |
| 2011 | NGN 175.58 | +80.59% |
| 2010 | NGN 97.22 | +38.84% |
| 2009 | NGN 70.03 | +23.04% |
| 2008 | NGN 56.91 | +6.15% |
| 2007 | NGN 53.62 | +13.29% |
| 2006 | NGN 47.33 | +53.53% |
| 2005 | NGN 30.83 | +9.06% |
| 2004 | NGN 28.27 | +41.60% |
| 2003 | NGN 19.96 | +16.16% |
| 2002 | NGN 17.18 | +15.17% |
| 2001 | NGN 14.92 | +4.29% |
| 2000 | NGN 14.31 | +78.40% |
| 1999 | NGN 8.02 | – |
Monthly averages of the international silver price, converted at each month’s average exchange rate (central bank reference rates via Frankfurter). Highs and lows are monthly averages, not single days.
Open the live Silver chart in the Crystal Ball Markets app.
Open the appFrequently asked questions
How much is 1 gram of silver in Nigeria today?
1 gram of fine silver (999) is worth NGN 2,116.46 (Nov 3, 2026, 01:02 AM GMT+1), based on the international spot price.
What is the difference between 999 and 925 silver?
Fine silver (999) is 99.9% pure. Sterling silver (925) is 92.5% silver, alloyed with copper for strength: the usual standard for jewellery and cutlery, so it is worth 92.5% of fine silver by weight.
How many ounces of silver buy one ounce of gold?
About 79.8 troy ounces of silver buy one troy ounce of gold at today’s spot prices (the gold-to-silver ratio).
What was the price of silver in Nigeria in 2025?
In 2025, 1 gram of fine silver averaged NGN 1,932.88, from monthly averages of the international silver price and the Nigerian Naira exchange rate.
What was the price of silver in Nigeria in 2020?
In 2020, 1 gram of fine silver averaged NGN 238.57, from monthly averages of the international silver price and the Nigerian Naira exchange rate.
What was the price of silver in Nigeria in 2015?
In 2015, 1 gram of fine silver averaged NGN 99.73, from monthly averages of the international silver price and the Nigerian Naira exchange rate.
What was the price of silver in Nigeria in 2005?
In 2005, 1 gram of fine silver averaged NGN 30.83, from monthly averages of the international silver price and the Nigerian Naira exchange rate.
Popular markets
Silver price in other countries
View all
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Capital is at risk.