What is the current NGN to USD exchange rate?

The current mid-market exchange rate is 1 NGN = 0.0007 USD. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best NGN to USD rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert NGN to USD?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the NGN/USD rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert NGN to USD — live rate

Convert Nigerian Nairas to United States Dollars and compare the real cost of sending money.

You send

NGN

They receive

USD

1 NGN = 0.0007 USD • Mid-market rate

Updated just now

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Historical NGN/USD exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: NGN to USD

1 NGN → 0.00 USD

5 NGN → 0.00 USD

10 NGN → 0.01 USD

50 NGN → 0.03 USD

100 NGN → 0.07 USD

500 NGN → 0.35 USD

1,000 NGN → 0.70 USD

5,000 NGN → 3.49 USD

Currency snapshots

NGN — Nigerian Naira

ISO Code NGN

Symbol ₦

Central Bank Central Bank of Nigeria

Common Notes ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000

Learn more about NGN

USD — United States Dollar

ISO Code USD

Symbol $

Central Bank Federal Reserve Bank

Common Notes $1, $5, $10, $20, $50, $100

Learn more about USD

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert NGN to USD — live rate

Historical NGN/USD exchange rate

Quick reference: NGN to USD

Real cost of NGN → USD

Estimated savings

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Currency snapshots