Guide

Stanbic IBTC Bank Exchange Rate API: NGN Buy and Sell Rates as JSON

By Madhushan November 15, 2026 6 min read
Reviewed by Madhushan, Fintech Developer — November 2026

Stanbic IBTC Bank is the Nigerian subsidiary of South Africa’s Standard Bank Group. It publishes a daily Excel rate guide with bid and offer rates in naira for cash, transfers and cheques in ten currencies. This guide shows how to read that board as JSON: what the rates mean, how they compare with the Central Bank of Nigeria official rate, and the calls that return them.

What the Stanbic IBTC board shows

Spreads across the board

On the 15 November 2026 board the tightest spreads were USD (2.21%), DKK (2.51%), CNY (2.51%) and the widest AUD (5.14%), CHF (4.62%), EUR (4.21%). Spread is (sell − buy) ÷ mid: what a round trip through the bank costs, before any fees. The API returns it on every row as spread_pct, so you can rank currencies or alert when a bank widens its board.

Get the board (REST)

You need an API key; the free key works. The full board:

curl "https://allratestoday.com/api/v1/bank-rates/ng/stanbicibtc" \
  -H "Authorization: Bearer art_live_your_key"

What comes back (the 15 November 2026 board, first three rows):

{
  "bank": "stanbicibtc",
  "name": "Stanbic IBTC Bank",
  "country": "ng",
  "quote_ccy": "NGN",
  "bank_updated_at": "2026-11-12",
  "basis": "Cash / TT / cheque bid and offer (daily workbook)",
  "captured_at": "2026-11-15T11:46:40.462Z",
  "rates": [
    {"ccy":"AUD","buy":902.356,"sell":949.958,"mid":926.157,"spread_pct":5.14,"official":null,"vs_official_pct":null},
    {"ccy":"CAD","buy":933.4076344,"sell":967.7875106,"mid":950.59757,"spread_pct":3.617,"official":null,"vs_official_pct":null},
    {"ccy":"CHF","buy":1590.126973,"sell":1665.248572,"mid":1627.6878,"spread_pct":4.615,"official":1614.95,"vs_official_pct":0.789},
    … 7 more currencies
  ],
  "disclaimer": "…",
  "attribution": { … }
}

One currency, with the row fields at the top level:

curl "https://allratestoday.com/api/v1/bank-rates/ng/stanbicibtc?ccy=USD" \
  -H "Authorization: Bearer art_live_your_key"
{
  "bank": "stanbicibtc",
  "name": "Stanbic IBTC Bank",
  "country": "ng",
  "quote_ccy": "NGN",
  "bank_updated_at": "2026-11-12",
  "basis": "Cash / TT / cheque bid and offer (daily workbook)",
  "captured_at": "2026-11-15T11:46:40.462Z",
  "ccy": "USD",
  "buy": 1340,
  "sell": 1370,
  "mid": 1355,
  "spread_pct": 2.214,
  "official": 1353.9741,
  "vs_official_pct": 0.076,
  "disclaimer": "Retail buy/sell rates as displayed on each bank’s own website at capture time, quoted as home currency per 1 unit of foreign currency. Indicative only: banks change these through the day, apply them at the counter or in-app, and they are not official or reference rates. For the rate a regulation names, use the central-bank endpoints.",
  "attribution": {
    "source": "Board rates published by Stanbic IBTC Bank on its own website, collected by AllRatesToday",
    "bank_url": "https://www.stanbicibtcbank.com/nigeriabank/personal",
    "url": "https://allratestoday.com/bank-exchange-rate-api/ng/stanbicibtc/",
    "terms": "Public pages that show the rates need a visible link to allratestoday.com"
  }
}

The board as it stood on a past day:

curl "https://allratestoday.com/api/v1/bank-rates/ng/stanbicibtc?date=2026-11-12" \
  -H "Authorization: Bearer art_live_your_key"

One currency over a date range, one row per day (paid plans; add &format=csv, xml or xlsx for a file):

curl "https://allratestoday.com/api/v1/bank-rates/ng/stanbicibtc/history?ccy=USD&from=2026-11-12&to=2026-11-15" \
  -H "Authorization: Bearer art_live_your_key"

JavaScript

npm install @allratestoday/sdk
import { AllRatesToday } from '@allratestoday/sdk';

const client = new AllRatesToday({ apiKey: 'art_live_your_key' });

// Stanbic IBTC Bank's USD row
const r = await client.bankRates('ng', { bank: 'stanbicibtc', ccy: 'USD' });
console.log(`Stanbic IBTC buys USD at ${r.buy}, sells at ${r.sell} NGN`);

// The board as it stood on a past day
const past = await client.bankRates('ng', { bank: 'stanbicibtc', date: '2026-11-12' });
console.log(past.snapshot_date, past.rates.length);

Python

import requests

r = requests.get(
    "https://allratestoday.com/api/v1/bank-rates/ng/stanbicibtc",
    headers={"Authorization": "Bearer art_live_your_key"},
    timeout=10,
)
r.raise_for_status()
for row in r.json()["rates"]:
    print(row["ccy"], row["buy"], row["sell"], row["spread_pct"])

Board rate or official rate?

The Central Bank of Nigeria rate is the one tax, accounting and customs rules in Nigeria name; nobody transacts at it. Stanbic IBTC's board is the price a customer actually gets. The API puts both on every row: official is the central bank's rate for the same currency and vs_official_pct is how far the bank's mid sits from it. Use the board to show customers a real price, compare banks for a remittance, or keep a dated record of what the bank quoted; use the Central Bank of Nigeria endpoint when a rule asks for the official rate.

FAQ

Where do the Stanbic IBTC Bank rates come from?

From the bank's own public rates page (https://www.stanbicibtcbank.com/nigeriabank/personal), read hourly. AllRatesToday does not change the numbers: each row is the buy and sell price Stanbic IBTC shows, with the mid, the spread and the Central Bank of Nigeria rate added.

Are these the official NGN exchange rates?

No. They are Stanbic IBTC's retail prices for customers. The official rate in Nigeria is the Central Bank of Nigeria rate, which the API returns as official on each row where the central bank has one, and in full from the central-bank endpoint.

How often is the Stanbic IBTC board updated?

AllRatesToday reads the page every hour. The bank's own last-updated stamp is returned as bank_updated_at, so you can tell a fresh read of an unchanged board from a new board.

Can I get Stanbic IBTC rates for a past date?

Yes, from 12 November 2026 onward; every day's board is kept permanently. Add ?date=YYYY-MM-DD for one day: the response is the board captured that day, or the nearest earlier day within five days, with date_requested and snapshot_date added. For a range, /history?ccy=USD&from=…&to=… returns one row per day as JSON, CSV, XML or XLSX on paid plans.

Do I need an API key?

Yes. Commercial bank boards need an API key; any plan works, the free key included, and each call counts against the plan. Public pages or widgets that show the rates need a visible link to allratestoday.com.

Stanbic IBTC Bank rates, as JSON

Free API key, hourly board captures, the official rate alongside.

Get your free API key

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