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USD to NGN Transfers Compared

USD-NGN Rate Calculator

 
   
   
   
   
 
   

Understanding the Table:

The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.

To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.

 
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to Nigeria can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Nigeria bank accounts or pay a Nigerian naira invoice.

 
   

USD to NGN Market Data

US dollar (USD) to Nigerian naira (NGN) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell USD   →   Buy NGN
1 USD = 1,455.4 NGN
1d0.0%⬦
 
USD to NGN at 1451 is just below its 3-month average, having traded in a very stable 3.5% range from 1435 to 1485
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Tracker
  1 NGN = 0.000687 USD

Is the USD to NGN Exchange Rate Likely to Improve?

Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the US dollar against the Nigerian naira is to review how the USD/NGN rate has changed over time.

The table below shows the percentage change in the USD to NGN exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

DateUSD/NGNChangePeriod
15 Dec 2025
1452.10
0.1% ▼2 Week
30 Sep 2025
1485.00
2.3% ▼3 Month
29 Dec 2024
1549.53
6.4% ▼1 Year
30 Dec 2020
387.59
274.2% ▲5 Year
01 Jan 2016
199.26
627.8% ▲10 Year
03 Jan 2006
129.50
1019.9% ▲20 Year
USD/NGN historic rates & change to 29-Dec-2025

Currency Forecasts related to USD/NGN

USD to NGN 2025 Forecasts

The USD to NGN exchange rate has been influenced by a plethora of recent economic developments.

Read forecast

USD to EUR 2025 Forecasts

Recent forecasts concerning the USD to EUR exchange rate indicate a bearish outlook for the US dollar (USD) while the euro (EUR) experiences limited strength.

Read forecast

USD to JPY 2025 Forecasts

Recent forecasts for the USD to JPY exchange rate indicate a bearish outlook for the US dollar, primarily driven by expectations for aggressive rate cuts by...

Read forecast

Current market bias: Bearish for USD to NGN. Key drivers: - The Federal Reserve is expected to cut interest rates, which could weaken the US dollar. - Soft inflation in the US adds to the likelihood of monetary easing. - The Nigerian naira faces uncertainty; some forecasts indicate depreciation, while others suggest possible improvement from oil production. Near-term range: The USD to NGN exchange rate is expected to trade in a stable range, remaining below its three-month average. What could change it: A significant drop in oil prices could further weaken the naira, while stronger US economic data could support the dollar's value. --- USD to NGN appears bearish as the US Fed may cut interest rates soon, leading the dollar to weaken. The naira's outlook is mixed; oil production might support it or lead to depreciation. Expect stability below the 3-month average; watch for US economic data

 

USD to NGN Conversion: What Is Your Money Worth?

To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Nigerian naira across a range of amounts.

This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :

USD NGN
USD NGN
$ 0.0007 ₦ 1
$ 0.0034 ₦ 5
$ 0.0069 ₦ 10
$ 0.0137 ₦ 20
$ 0.0344 ₦ 50
$ 0.0687 ₦ 100
$ 0.1718 ₦ 250
$ 0.3435 ₦ 500
$ 0.6870 ₦ 1,000
$ 1.3740 ₦ 2,000
$ 3.4350 ₦ 5,000
$ 6.8700 ₦ 10,000
$ 13.74 ₦ 20,000
$ 34.35 ₦ 50,000
$ 68.70 ₦ 100,000

More amounts

*Converted at the current USD-NGN interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

What is the best Send Money conversion rate for USD to NGN?

The best USD to NGN exchange rate is 1445.94 from Wise. This is -0.65% compared to the mid-market rate 1,455.4.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Nigerian naira (NGN) rates from different sources before making a conversion.

The above Dollar to Naira comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest USD-NGN mid-rate and the possible savings of using various providers. 

How do USD-NGN rates compare between providers?

Looking at the full USD to NGN - Send Money comparison table the provider with the best USD to NGN exchange rate is Wise at 1445.94, -0.65% from the latest mid-market rate 1,455.4.

The next best is Western Union at 1432.11, -1.6% from the mid-rate.

Among the banks the Chase Bank rate is -79.059 at -105.4% the Wells Fargo Bank rate is -87.7914 at -106% and the Citibank rate is -20.843 at -101.4% compared to the mid-rate 1,455.4.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.

 

View a full list of exchange rates by selecting your Base (from) currency: