Live · Nigerian Naira
1 tael of 20K Gold price in NGN
NGN 5,677,114
-0.31% (-NGN 17,492) vs yesterday
Per gram
NGN 151,677
Per ounce
NGN 4,717,679
Per kg
NGN 151,676,888
1 tael of 20K Gold · NGN
-8.21% over 1M
High
NGN 6,188,002
Low
NGN 5,679,124
Now
NGN 5,680,081
Live valuation
Gold value calculator
Estimated melt value
NGN 5,677,114
Reference table
Gold price by weight
Global comparison
1 tael of 20K Gold in every currency
USD$4,282
EUR€3,764
GBP£3,241
TRYTRY 209,649
INR₹411,128
AEDAED 15,728
SARSAR 16,079
CADCA$6,057
AUDA$6,110
CHFCHF 3,545
JPY¥680,039
CNYCN¥28,752
PKRPKR 1,186,435
BDTBDT 526,736
MYRMYR 17,498
SGDSGD 5,480
HKDHK$33,584
ZARZAR 70,391
EGPEGP 221,621
KWDKWD 1,323
QARQAR 15,603
PHP₱268,454
IDRIDR 76,944,725
VND₫111,305,854
THBTHB 143,374
MXNMX$75,931
BRLR$22,234
PLNPLN 16,494
SEKSEK 42,517
NOKNOK 40,746
DKKDKK 28,138
RUBRUB 364,036
NGNNGN 5,677,114
KRW₩5,859,590
Other purities
24K (999) Gold23K (958) Gold22K (916) Gold21K (875) Gold20K (833) Gold18K (750) Gold16K (667) Gold15K (625) Gold14K (585) Gold12K (500) Gold10K (417) Gold9K (375) Gold8K (333) Gold
Other currencies
Other metals
Methodology
Frequently asked questions
- How much is 1 tael of 20K Gold in NGN today?
- Based on the latest spot price, 1 tael of 20k gold is worth about NGN 5,677,114, down 0.31% from yesterday.
- How is the price calculated?
- Spot price per troy ounce (31.1035 g) × weight in grams ÷ 31.1035 × purity (83.3%) × USD/NGN exchange rate.
- Why do shops charge more?
- Dealers add a premium for minting, making charges, taxes and margin. Use the calculator above to estimate melt value.