Live · Nigerian Naira
20 tolas of 16K Gold price in NGN
NGN 28,331,804
-0.30% (-NGN 84,429) vs yesterday
Per gram
NGN 121,452
Per ounce
NGN 3,777,575
Per kg
NGN 121,451,860
20 tolas of 16K Gold · NGN
-8.25% over 1M
High
NGN 30,878,289
Low
NGN 28,331,817
Now
NGN 28,331,817
Live valuation
Gold value calculator
Estimated melt value
NGN 28,331,804
Reference table
Gold price by weight
Global comparison
20 tolas of 16K Gold in every currency
USD$21,373
EUR€18,783
GBP£16,169
TRYTRY 1,044,283
INR₹2,052,219
AEDAED 78,503
SARSAR 80,251
CADCA$30,219
AUDA$30,488
CHFCHF 17,696
JPY¥3,395,602
CNYCN¥143,479
PKRPKR 5,921,484
BDTBDT 2,628,935
MYRMYR 87,326
SGDSGD 27,355
HKDHK$167,618
ZARZAR 351,556
EGPEGP 1,106,180
KWDKWD 6,602
QARQAR 77,874
PHP₱1,342,423
IDRIDR 383,600,642
VND₫555,526,094
THBTHB 715,794
MXNMX$378,999
BRLR$111,071
PLNPLN 82,338
SEKSEK 212,009
NOKNOK 203,193
DKKDKK 140,424
RUBRUB 1,816,694
NGNNGN 28,331,804
KRW₩29,216,524
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 20 tolas of 16K Gold in NGN today?
- Based on the latest spot price, 20 tolas of 16k gold is worth about NGN 28,331,804, down 0.30% from yesterday.
- How is the price calculated?
- Spot price per troy ounce (31.1035 g) × weight in grams ÷ 31.1035 × purity (66.7%) × 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.