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’.
USD to NGN Market Data
US dollar (USD) to Nigerian naira (NGN) market data - latest interbank exchange rate, trend, chart & historic rates.
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:
Date
USD/NGN
Change
Period
29 May 2025
1590.29
3.6% ▼
2 Week
14 Mar 2025
1553.77
1.3% ▼
3 Month
12 Jun 2024
1505.00
1.9% ▲
1 Year
13 Jun 2020
387.50
295.6% ▲
5 Year
15 Jun 2015
198.92
670.6% ▲
10 Year
17 Jun 2005
135.02
1035.3% ▲
20 Year
USD/NGN historic rates & change to 12-Jun-2025
USD/NGN hits 60-day lows near 1541, down 2.3% from 3-month avg. Weaker USD follows disappointing inflation data, raising Fed rate cut expectations. Analysts note higher oil prices ($69.77, +4.4%) could strengthen NGN despite ongoing cash challenges in Nigeria. #forex #naira
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 * :
What is the
best Travel Money conversion rate for USD to NGN?
The best USD to NGN exchange rate is 1528.26 from Wise.
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.