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

USD to NGN 2026 Forecasts

Analysis of recent dollar → naira forecasts for 2026. We collate forecasts from respected FX analysts together with the latest US dollar to Nigerian naira performance and trends.

 

The USD to NGN exchange rate is currently bearish, reflecting pressures on the USD.

Key drivers include a expected interest rate cut by the Federal Reserve, which may weaken the USD as three rate reductions by mid-2026 are anticipated. Additionally, rising global economic growth and commodity prices could add volatility to USD movements. On the Nigerian side, inflation is projected to rise significantly, impacting the Naira's strength.

The near-term trading range is expected to remain stable as the USD fluctuates slightly below its 3-month average, with the Naira reflecting some resilience within a defined range.

Upside risks can arise from improved local economic conditions or oil price recovery, while downside risks could stem from unfavorable global market conditions or heightened inflation fears impacting Nigeria's economy.

USD-NGN Rate Calculator

 
   
   
   
   
 
   
 
 

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 =
1,446.6We compare provider deals to this wholesale mid-market rate. Read more
NGN
1d+0.1%▲
 
USD to NGN at 1447 is just below its 3-month average, having traded in a very stable 3.0% range from 1435 to 1478
|
Tracker

Manage Tracker   

Compare & Save - US dollar to Nigerian naira

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

Use our USD to NGN 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 Dollar to Naira currency rates and the possible savings of using various providers.

 
 

Will the US dollar rise against the Nigerian naira?

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

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

DateUSD/NGNChangePeriod
19 Dec 2025
1459.46
0.9% ▼2 Week
04 Oct 2025
1464.59
1.2% ▼3 Month
02 Jan 2025
1546.08
6.4% ▼1 Year
03 Jan 2021
388.95
271.9% ▲5 Year
05 Jan 2016
199.15
626.4% ▲10 Year
07 Jan 2006
129.64
1015.9% ▲20 Year
USD/NGN historic rates & change to 02-Jan-2026

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 USD/NGN 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