Live · Nigerian Naira
5 taels of 23K Gold price in NGN
NGN 32,638,198
-0.33% (-NGN 109,010) vs yesterday
Per gram
NGN 174,401
Per ounce
NGN 5,424,465
Per kg
NGN 174,400,590
5 taels of 23K Gold · NGN
-8.28% over 1M
High
NGN 35,584,512
Low
NGN 32,638,234
Now
NGN 32,638,234
Live valuation
Gold value calculator
Estimated melt value
NGN 32,638,198
Reference table
Gold price by weight
Global comparison
5 taels of 23K Gold in every currency
USD$24,618
EUR€21,640
GBP£18,623
TRYTRY 1,202,693
INR₹2,363,727
AEDAED 90,423
SARSAR 92,435
CADCA$34,805
AUDA$35,104
CHFCHF 20,383
JPY¥3,912,001
CNYCN¥165,268
PKRPKR 6,820,600
BDTBDT 3,028,111
MYRMYR 100,585
SGDSGD 31,508
HKDHK$193,066
ZARZAR 404,691
EGPEGP 1,274,064
KWDKWD 7,604
QARQAR 89,699
PHP₱1,546,367
IDRIDR 441,450,067
VND₫639,876,960
THBTHB 824,443
MXNMX$436,385
BRLR$127,782
PLNPLN 94,808
SEKSEK 244,223
NOKNOK 234,001
DKKDKK 161,768
RUBRUB 2,092,669
NGNNGN 32,638,198
KRW₩33,657,191
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 5 taels of 23K Gold in NGN today?
- Based on the latest spot price, 5 taels of 23k gold is worth about NGN 32,638,198, down 0.33% from yesterday.
- How is the price calculated?
- Spot price per troy ounce (31.1035 g) × weight in grams ÷ 31.1035 × purity (95.8%) × 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.