Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
eg: USDCAD, GBP/EUR, AUD to USD, 500 Pound to Yen, 15K Dollar Peso, Send Japan

USD to NGN - Best Rates Guide

We review US dollar to Nigerian naira latest & historic FX rates along with recent USD/NGN Trend and Alerts.

 
 
US dollar to Nigerian naira
Sell USD   →   Buy NGN
1 USD = 405.67 NGN
USDNGN at 380.5 has fallen 2.8% below its 90-day average, range 379.5-412.4.
1D-3.6%
|
Alert:1D-3.6% |
 
USD to NGN Interbank mid-market We compare bank & FX provider rates to these wholesale mid-market rates. Read more rate

View My Rates

   

Comparing USD/NGN Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale USD/NGN rate ( interbank mid-rate) plus fixed or percentage fees.

These margins and fees can vary significantly for USD to NGN International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Note the total cost will also vary on the currencies and total amount being exchanged.

 
Loading
 

Multi-Vendor Quote

We can help you get an even better deal when sending a Large International Money Transfer.

Click below for the Request Quotes form and enter your transfer details (BER account required).

Request Quotes

Save time and money - fewer websites to visit and you get a much better exchange rate & service.

 
Loading
   

US dollar to Nigerian naira - Quick Convert

USD NGN
$ 1 405.67
$ 5 2,028
$ 10 4,057
$ 20 8,113
$ 50 20,284
$ 100 40,567
$ 250 101,418
$ 500 202,835
$ 1,000 405,670
$ 2,000 811,340
$ 5,000 2,028,350
$ 10,000 4,056,700
$ 50,000 20,283,500
$ 100,000 40,567,000
More amounts
USD NGN
$ 0.0025 ₦ 1
$ 0.0123 ₦ 5
$ 0.0247 ₦ 10
$ 0.0493 ₦ 20
$ 0.1233 ₦ 50
$ 0.2465 ₦ 100
$ 0.6163 ₦ 250
$ 1.2325 ₦ 500
$ 2.4650 ₦ 1,000
$ 4.9300 ₦ 2,000
$ 12.33 ₦ 5,000
$ 24.65 ₦ 10,000
$ 123.25 ₦ 50,000
$ 246.50 ₦ 100,000
More amounts

Calculate other USD/NGN amounts (from or to) at mid-market with our USD to NGN Calculator .

 

US dollar and Nigerian naira News

 

When determining the best time to make a foreign exchange transaction, in this case the USD vs NGN, you should pay attention to the recent market trends for both currencies.

 

US dollar (USD)

 USD Markets

 

Nigerian naira (NGN)

No recent NGN market updates.

   

Country Guides - Nigerian naira

 
NigeriaNigeria (NGN)
   

How to get Good USD to NGN Exchange Rates

There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

Reduce Excessive costs and fees

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

What is a good USD to NGN exchange rate?

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.

USD/NGNChangePeriod
380.50
30 Apr 2021
no change1 Week
397.78
07 Apr 2021
4.3% ▼30 Days
381.00
06 Feb 2021
0.1% ▼90 Days
389.50
07 May 2020
2.3% ▼1 Year
199.04
08 May 2016
91.2% ▲5 Years
156.14
10 May 2011
143.7% ▲10 Years

USD/NGN 10 year historic rates & change to 07-May-2021 : 380.50

 
   

Will the US dollar rise against the Nigerian naira?

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 BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

 

View My Alerts

 

Rather than requiring you to set a target rate, our FX Alerts work differently.

Once you add a currency pair for tracking in your watchlist we will automatically check the exchange rate for any UP or DOWN move over a range of periods over the recent 90 days.