Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

NGN to USD 2025 Forecasts

Analysis of recent naira → dollar forecasts for 2025. We collate forecasts from respected FX analysts together with the latest Nigerian naira to US dollar performance and trends.

 

The USD to NGN exchange rate has shown notable stability around the 1531 level, which is approximately 1.9% below its three-month average of 1560. This stability is occurring despite the recent volatility in the oil market, where crude prices have surged to 72.53, 6.7% above the three-month average. Oil prices are significant for the Nigerian economy and currency, as Nigeria is a key oil exporter, and rising oil prices typically bolster the value of the Naira due to increased foreign exchange earnings.

Recent forecasts for the USD indicate a generally stable outlook but with potential fluctuations based on upcoming economic data. Analysts suggest that the USD has been supported by strong economic indicators, particularly the recent core PCE price index, which exceeded expectations and adds pressure for the Federal Reserve to maintain or potentially raise interest rates. This could enhance demand for the USD as higher rates typically attract foreign investment.

However, economists warn that forthcoming labor market data, particularly the non-farm payroll report, could shift perspectives. If signs of a cooling labor market emerge, expectations for a potential rate cut in September may lead to a decline in USD strength.

On the other hand, the Nigerian Naira faces multiple challenges, including high inflation, reported at over 23%, alongside significant external borrowing proposals from the government aimed at supporting economic reforms. The crackdown on the practice of "money spraying" could potentially stabilize the currency, but ongoing economic reforms coupled with external pressures may create fluctuations.

In summary, the USD remains steady with potential upside due to strong economic data, while the NGN is influenced by both local reforms and global oil price movements. Stakeholders should closely monitor upcoming economic indicators from the U.S. and keep abreast of developments impacting the Nigerian economy as these will inform future exchange rate shifts.

NGN-USD Rate Calculator

 
   
   
   
   
 
   
 
 

NGN to USD Market Data

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

 
Sell NGN   →   Buy USD
1 NGN =
0.000652We compare provider deals to this wholesale mid-market rate. Read more
USD
-0.2%
NGN to USD is at 7-day lows near 0.000653, 1.9% above its 3-month average of 0.000641, having traded in a quite stable 5.5% range from 0.000621 to 0.000655
|
Tracker

Manage Tracker   


Compare & Save - Nigerian naira to US dollar

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Nigerian naira (NGN) to US dollar (USD) rates from different sources before making a conversion.

Use our NGN to USD calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Naira to Dollar currency rates and the possible savings of using various providers.

 
 

Will the Nigerian naira rise against the US dollar?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Nigerian naira vs US dollar current value is to look the NGN/USD historic rate and change over a range of periods.

The following table looks at the change in the NGN to USD exchange rate over periods from the previous week back to the last 10 years.

DateNGN/USDPeriod
12 Jul 2025
0.000654
2 Week
27 Apr 2025
0.000621
3 Month
26 Jul 2024
0.000603
1 Year
27 Jul 2020
0.002570
5 Year
29 Jul 2015
0.005026
10 Year
31 Jul 2005
0.007407
20 Year
NGN/USD historic rates

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add NGN/USD to your personalised Rate Tracker to track and benefit from currency movements.

 
Track Rate
 

Manage Tracker   

 

Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more