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USD to NGN Exchange Rates & Currency Deals

USD-NGN Rate Calculator

 
 
   

Understanding the Table:

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’.

 
 
   

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 = 1,537.7 NGN
1d +0.3%
30d highs
USD to NGN is at 30-day highs near 1537, just below its 3-month average, having traded in a quite stable 4.6% range from 1521 to 1591
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Tracker

Is the USD to NGN 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 US dollar against the Nigerian naira is to review how the USD/NGN rate has changed over time.

The table below shows the percentage change in the USD to NGN exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

DateUSD/NGNChangePeriod
14 Aug 2025
1533.14
0.2% 2 Week
30 May 2025
1588.26
3.2% 3 Month
28 Aug 2024
1591.26
3.4% 1 Year
29 Aug 2020
387.46
296.6% 5 Year
31 Aug 2015
199.11
671.8% 10 Year
02 Sep 2005
133.73
1049.2% 20 Year
USD/NGN historic rates & change to 28-Aug-2025
As of late Aug 2025, USD/NGN is near 1537, close to recent highs, amid geopolitical tensions and trade disputes. Analysts expect fluctuations as U.S. CPI impacts Fed decisions, while Nigeria faces economic pressures with the IMF's budget advice. Key to watch: oil prices & U.S. data

 

USD to NGN 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 US dollar are worth in Nigerian naira across a range of amounts.

This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :

USD NGN
USD NGN
$ 0.0007 ₦ 1
$ 0.0033 ₦ 5
$ 0.0065 ₦ 10
$ 0.0130 ₦ 20
$ 0.0325 ₦ 50
$ 0.0650 ₦ 100
$ 0.1625 ₦ 250
$ 0.3250 ₦ 500
$ 0.6500 ₦ 1,000
$ 1.3000 ₦ 2,000
$ 3.2500 ₦ 5,000
$ 6.5000 ₦ 10,000
$ 13.00 ₦ 20,000
$ 32.50 ₦ 50,000
$ 65.00 ₦ 100,000

More amounts

*Converted at the current USD-NGN interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

What is the best Send Money conversion rate for USD to NGN?

The best USD to NGN exchange rate is 1527.69 from Wise.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Nigerian naira (NGN) rates from different sources before making a conversion.

The above Dollar to Naira 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 USD-NGN mid-rate and the possible savings of using various providers. 

How do USD-NGN rates compare between providers?

Looking at the full USD to NGN - Send Money comparison table the provider with the best USD to NGN exchange rate is Wise at 1527.69.

The next best is Western Union at 1513.08.

Then WorldRemit at 1500.78, .

Among the banks the Chase Bank rate is -83.5844 the Wells Fargo Bank rate is -92.8105 and the Citibank rate is -22.0772 compared to the mid-rate 1,537.7.

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.

 

Compare USD to NGN Transfer Rates

   

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