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Live · Nigerian Naira

5 taels of 16K Gold price in NGN

NGN 22,719,102

-0.35% (-NGN 78,909) vs yesterday

Per gram

NGN 121,398

Per ounce

NGN 3,775,912

Per kg

NGN 121,398,390

5 taels of 16K Gold · NGN

-8.28% over 1M

High

NGN 24,773,289

Low

NGN 22,722,144

Now

NGN 22,722,144

Live valuation

Gold value calculator

SPOT

Estimated melt value

NGN 22,719,102

Reference table

Gold price by weight

1 gram of 16K GoldNGN 121,398
2 grams of 16K GoldNGN 242,797
3 grams of 16K GoldNGN 364,195
4 grams of 16K GoldNGN 485,594
5 grams of 16K GoldNGN 606,992
8 grams of 16K GoldNGN 971,187
10 grams of 16K GoldNGN 1,213,984
15 grams of 16K GoldNGN 1,820,976
20 grams of 16K GoldNGN 2,427,968
25 grams of 16K GoldNGN 3,034,960
30 grams of 16K GoldNGN 3,641,952
40 grams of 16K GoldNGN 4,855,936
50 grams of 16K GoldNGN 6,069,919
100 grams of 16K GoldNGN 12,139,839
150 grams of 16K GoldNGN 18,209,758
200 grams of 16K GoldNGN 24,279,678
250 grams of 16K GoldNGN 30,349,597
500 grams of 16K GoldNGN 60,699,195
1 ounce of 16K GoldNGN 3,775,912
2 ounces of 16K GoldNGN 7,551,824
5 ounces of 16K GoldNGN 18,879,560
10 ounces of 16K GoldNGN 37,759,120
20 ounces of 16K GoldNGN 75,518,240
50 ounces of 16K GoldNGN 188,795,600
100 ounces of 16K GoldNGN 377,591,199
1 kilogram of 16K GoldNGN 121,398,390
2 kilograms of 16K GoldNGN 242,796,779
5 kilograms of 16K GoldNGN 606,991,948
10 kilograms of 16K GoldNGN 1,213,983,895
1 tola of 16K GoldNGN 1,415,967
2 tolas of 16K GoldNGN 2,831,933
5 tolas of 16K GoldNGN 7,079,833
10 tolas of 16K GoldNGN 14,159,665
20 tolas of 16K GoldNGN 28,319,331
1 tael of 16K GoldNGN 4,543,820
5 taels of 16K GoldNGN 22,719,102

Global comparison

5 taels of 16K Gold in every currency

USD$17,138
EUR€15,066
GBP£12,965
TRYTRY 837,250
INR₹1,645,584
AEDAED 62,947
SARSAR 64,349
CADCA$24,229
AUDA$24,439
CHFCHF 14,190
JPY¥2,723,133
CNYCN¥115,037
PKRPKR 4,748,159
BDTBDT 2,108,019
MYRMYR 70,022
SGDSGD 21,933
HKDHK$134,404
ZARZAR 281,826
EGPEGP 886,974
KWDKWD 5,294
QARQAR 62,444
PHP₱1,076,508
IDRIDR 307,306,765
VND₫445,450,156
THBTHB 573,970
MXNMX$303,725
BRLR$88,975
PLNPLN 66,008
SEKSEK 170,033
NOKNOK 162,918
DKKDKK 112,621
RUBRUB 1,456,814
NGNNGN 22,719,102
KRW₩23,423,560

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

USDEURGBPTRYINRAEDSARCADAUDCHFPKRMYR

Other metals

Silver price in NGNPlatinum price in NGNPalladium price in NGN

Methodology

Frequently asked questions

How much is 5 taels of 16K Gold in NGN today?
Based on the latest spot price, 5 taels of 16k gold is worth about NGN 22,719,102, down 0.35% 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.