The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
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 = 0.000653 USD
—
NGN to USD at 0.000653 is 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
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
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
The USD to NGN has seen volatility, currently trading at 1531, 1.9% below the 3-month avg of 1561. Analysts expect further USD gains due to a strong U.S. GDP and Fed's hawkish stance, while Nigeria faces challenges with inflation over 23% and economic reforms. Keep an eye on upcoming U.S. data and Nigeria’s stability measures
@bestfxrates
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 * :
What is the
best Send Money conversion rate for NGN to USD?
The best NGN to USD exchange rate is 0.0006 from WorldRemit. This is -8.1% compared to the mid-market rate 0.000653.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Nigerian naira (NGN) to US dollar (USD) rates from different sources before making a conversion.
The above
Naira to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest NGN-USD mid-rate and the possible savings of using various providers.
How do NGN-USD rates compare between providers?
Looking at the full
NGN to USD - Send Money comparison table the provider with the best NGN to USD exchange rate is WorldRemit at 0.0006, -8.1% from the latest mid-market rate 0.000653.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.