Fine Silver
(999)
₦3,349.23
1 gram
SilverSilver Rate / Nigeria
Silver Rate in Nigeria Today — Silver Price
Nigeria silver references in NGN with Naira-volatility context, zakat-nisab relevance, and 7.5% VAT notes.
Updated: 20 May 2026 at 22:00
Currency: NGN
Up +1.56%
Nigeria silver rate today is ₦3,349 per gram and ₦3,349,233 per kilogram. NGN volatility and USD conversion are major price drivers, and silver is widely used as a practical hedge benchmark for zakat planning and purchasing-power protection.
Silver Rate Today in Nigeria
Nigeria silver prices in NGN with gram and kilogram-first pricing, Naira-volatility context, zakat-nisab relevance, VAT guidance, and city spread comparisons.
SilverFine Silver
(999)
₦3,349,233.20
1 kilogram
SilverFine Silver
(999)
₦33,492.33
10 grams
SilverFine Silver
(999)
₦39,064.80
secondary conversion
SilverHow much is my Silver worth?
Enter quantity and weight unit to estimate the current silver value.
Estimated Value
₦3,349.23
₦3,349.23 per gram
Weight in grams: 1.000
Nigeria Silver Price Chart (per gram)
Local silver trend for Nigeria. Use this chart with the daily table to spot short-term momentum.
Silver Rate in Nigeria for Last 10 Days
This table shows the recent change in silver prices for Nigeria across the latest market history points.
| Date | Per Gram | Per 10g | Per Tola | Change |
|---|---|---|---|---|
| 20 May 2026 | ₦3,349.23 | ₦33,492.33 | ₦39,064.80 | +1.56% |
| 19 May 2026 | ₦3,297.80 | ₦32,978.01 | ₦38,464.91 | -2.91% |
| 18 May 2026 | ₦3,396.74 | ₦33,967.42 | ₦39,618.94 | -0.11% |
| 15 May 2026 | ₦3,400.62 | ₦34,006.21 | ₦39,664.17 | -9.13% |
| 14 May 2026 | ₦3,742.22 | ₦37,422.21 | ₦43,648.53 | -4.47% |
| 13 May 2026 | ₦3,917.45 | ₦39,174.50 | ₦45,692.37 | +4.41% |
| 12 May 2026 | ₦3,751.83 | ₦37,518.28 | ₦43,760.59 | -0.42% |
| 11 May 2026 | ₦3,767.47 | ₦37,674.74 | ₦43,943.08 | +6.33% |
| 08 May 2026 | ₦3,543.15 | ₦35,431.49 | ₦41,326.59 | +0.87% |
| 07 May 2026 | ₦3,512.56 | ₦35,125.63 | ₦40,969.84 | 0.00% |
Silver Prices in Cities of Nigeria
Nigeria city rows follow shared NGN benchmark flow; logistics, dealer spread, and FX conditions can create wider regional execution gaps.
| City | SYM | Per Gram | Per Tola | Per 10g | Trend | |
|---|---|---|---|---|---|---|
 | Lagos | L | ₦3,349.90 | ₦39,072.61 | ₦33,499.03 | |
| Abuja | A | ₦3,350.91 | ₦39,084.33 | ₦33,509.08 | |
| Kano | K | ₦3,351.24 | ₦39,088.24 | ₦33,512.43 | |
| Port Harcourt | PH | ₦3,351.91 | ₦39,096.05 | ₦33,519.13 | |
| Ibadan | I | ₦3,351.58 | ₦39,092.14 | ₦33,515.78 | |
| Onitsha | O | ₦3,352.25 | ₦39,099.96 | ₦33,522.48 |
Nigeria Silver: Naira Hedge and Zakat Nisab Context
NGN silver pricing is highly sensitive to both global spot movement and Naira volatility, making silver a practical purchasing-power hedge benchmark for many households.
Nigeria's large Muslim population also makes silver-nisab tracking important, while 7.5% VAT remains lower than many global peers.
Why Silver Prices Change
Silver prices in Nigeria are driven by international spot conversion into NGN, local dealer spread, and FX conditions around official and parallel market rates. Naira volatility can significantly move local silver pricing even during stable USD spot sessions. For related markets, check gold rate in Nigeria and copper rate today.
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Need a broader market view? Track the live gold rate in Nigeria, compare metals on the markets page, or use the currency converter before pricing imported bullion.
Disclaimer: Silver rates are indicative market references based on source data and may vary by city, dealer, spread, taxes, purity, and physical delivery charges. This page is for informational use only and not financial advice.