999 Silver Price in Nigeria (NGN)

Enter a weight to value 999 silver by the troy ounce for buyers and sellers in Nigeria, priced from the live silver market. 999 fine silver is 99.90% silver, and every figure below is priced at that fineness. Priced in Nigerian Naira directly by the rates API — silver is quoting ₦88,189 per troy ounce.

1 troy ounce = 31.1034768 g
99.90% pure metal
Nigerian Naira

Value of 1 ozt of 999 Silver

₦88,100

₦88,100 per troy ounce · ₦2,832 per gram

Priced Spot ₦88,189 / troy ounce

88,188.63 ÷ 31.1034768 × 0.999 × 31.1035 = ₦88,100

Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.

Silver value by unit

One of each measure, at the current silver price.

MeasureDetailValue
Gram1 g₦2,832
10 grams10 g₦28,325
Kilo1,000 g₦2,832,495
Troy ounce31.1034768 g₦88,100
Tola11.6638038 g₦33,038
Pennyweight1.5551738 g₦4,405
Bhori11.6638038 g₦33,038
Masha0.9719837 g₦2,753
Ratti0.121498 g₦344
Grain0.0647989 g₦184
Tael (Hong Kong)37.7994 g₦107,067
Tael (Taiwan)37.5 g₦106,219
Tael / liang (mainland)50 g₦141,625

Silver value by purity

One troy ounce at each purity commonly sold.

MeasureDetailValue
999 fine silver99.90% pure₦88,100
925 sterling silver92.50% pure₦81,574
900 coin silver90.00% pure₦79,370

The same figure in other currencies

Every currency the rates API supports is available in the calculator above — pick it from the list and the figure is re-quoted in that currency without leaving this page.

How this is calculated

1 troy ounce = 31.1034768 g. This is the unit the spot market itself quotes, so no conversion is applied. Silver trades per troy ounce, so every figure here starts from that quote and is converted with the factor shown next to the result.

This is the spot-derived value, not the shop counter price in Nigeria. Local retail rates are set by the jewellers' association and usually sit above this figure once making charges and duty are added.

Every silver calculator

Silver price in every currency

Each one is its own page, priced by the rates API in that currency directly.

Every unit — gram, ounce, tola, masha, tael, sovereign — is available in the calculator above without leaving the page.

Common questions

How much is 1 troy ounce of 999 silver worth today?

1 troy ounce is worth about ₦88,100, from a spot price of ₦88,189 per troy ounce.

How many grams are in 1 troy ounce?

1 troy ounce = 31.1034768 g. This is the unit the spot market itself quotes, so no conversion is applied.

What does 999 mean?

999 fine silver is bullion-grade — the purity the spot price refers to. At today's market that works out to ₦2,832 per gram.

Is this the same as the 999 silver rate quoted in Nigeria?

Not exactly. This converts the international spot price into Nigerian Naira at the live exchange rate shown above. Local dealers add making charges, duty and their own margin, so the counter price in Nigeria is normally higher.

How often does this price update?

Every 15 minutes. The figure on this page is a cached quote and can be up to 15 minutes behind the market, and the timestamp above it always states when the price was actually taken. For real-time rates, request the same data from the CommodityPriceAPI directly.

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