Is the NGN to USD 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 Nigerian naira against the US dollar is to review how the NGN/USD rate has changed over time.
The table below shows the percentage change in the NGN to USD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date | NGN/USD | Period |
---|
30 Aug 2025 | 0.000653 | 2 Week |
15 Jun 2025 | 0.000648 | 3 Month |
13 Sep 2024 | 0.000610 | 1 Year |
14 Sep 2020 | 0.002603 | 5 Year |
16 Sep 2015 | 0.005024 | 10 Year |
18 Sep 2005 | 0.007598 | 20 Year |
NGN/USD historic rates
USD to NGN is currently at 1501, down 2% from a 3-month avg of 1531. Analysts cite weaker US consumer sentiment and Fed uncertainty, while Nigeria faces IMF-recommended budget revisions due to low oil prices. Keep watch for volatility as conditions evolve
NGN to USD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Nigerian naira are worth in US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different NGN amounts at today’s rate * :
*Converted at the current NGN-USD interbank exchange rate.
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Is US dollar (USD) expected to go up or down?
This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the US dollar current value is to look the USD performance against a range of other currencies over various time periods.
The following table looks at the performance of the USD exchange rate against selections of other currencies over time periods from the previous 2 days back to the last 5 years.
Popular Rates (A - Z)