US Dollar to Nigerian Naira — USD to NGN
USD to NGN Converter
USD/NGN Rate — Last 30 Days
USD dipped 0.62% this week — minor weakness, within normal market noise.
The 7-day and 30-day averages are very close — USD/NGN is consolidating without a clear directional bias. Watch for a breakout from this range.
RSI above 50 means buyers are in control over the recent period. At 59, momentum is moderately bullish — not extreme, suggesting the trend has room to continue without being overextended.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 1376.6227 | 1368.0818 | 1372.2580 |
| 30 days | 1378.2081 | 1348.9999 | 1366.3469 |
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Set a target rate — we email you when USD/NGN hits it. Checked every 15 minutes.
Historical USD/NGN Rates by Year
What drives the USD/NGN rate?
Whether you're sending money to Nigeria, paying a Nigerian contractor, or tracking the naira's moves, here's what drives the US Dollar to Nigerian Naira rate. The USD/NGN exchange rate is determined by supply and demand in global currency markets, influenced by interest rate decisions from both central banks, economic data releases, inflation figures, and broader risk sentiment in financial markets. Trade flows between the two countries or regions also play an important role in long-term rate direction.
How to get the best USD to NGN rate
The rate shown above is the interbank mid-market rate — the real exchange rate used between financial institutions. Individual customers cannot access this rate directly. Banks typically add a 2–3% spread on top, meaning you receive significantly less than the rate shown.
Online transfer services like Wise offer rates very close to the interbank rate with a small transparent fee of 0.5–1%. On a $1,000 USD exchange this typically saves $15–25 compared to a bank. Airport exchange booths charge the highest fees — often 5–8% above the interbank rate — and should be avoided for large amounts.