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USD to NGN Travel Money Compared

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
USD to NGN is at 7-day lows near 1544, 2.2% below its 3-month average of 1578, having traded in a quite stable 5.7% range from 1523 to 1610
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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
13 Jun 2025
1542.44
0.4% 2 Week
29 Mar 2025
1531.69
1.1% 3 Month
27 Jun 2024
1515.90
2.1% 1 Year
28 Jun 2020
387.50
299.5% 5 Year
30 Jun 2015
199.39
676.3% 10 Year
02 Jul 2005
133.88
1056.2% 20 Year
USD/NGN historic rates & change to 27-Jun-2025
USD/NGN update: The USD is at 1544 NGN, down 2.2% from its 3-month avg of 1578 NGN due to declining safe-haven demand and Fed's stable rate outlook. Meanwhile, the naira gains over 7% since late 2024 amid reforms, but inflation over 23% poses challenges. Monitor closely for shifts!

 

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
$ 1 1.0000
$ 5 5.0000
$ 10 10.00
$ 20 20.00
$ 50 50.00
$ 100 100.00
$ 250 250.00
$ 500 500.00
$ 1,000 1,000
$ 2,000 2,000
$ 5,000 5,000
$ 10,000 10,000
$ 20,000 20,000
$ 50,000 50,000
$ 100,000 100,000
USD NGN
$ 0.0006 ₦ 1
$ 0.0032 ₦ 5
$ 0.0065 ₦ 10
$ 0.0130 ₦ 20
$ 0.0324 ₦ 50
$ 0.0648 ₦ 100
$ 0.1620 ₦ 250
$ 0.3240 ₦ 500
$ 0.6480 ₦ 1,000
$ 1.2960 ₦ 2,000
$ 3.2400 ₦ 5,000
$ 6.4800 ₦ 10,000
$ 12.96 ₦ 20,000
$ 32.40 ₦ 50,000
$ 64.80 ₦ 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.

 
   
Nigeria

Everyday Costs in in Nigeria

How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.

Currency Guide for Nigeria (ISO Code: NG)

For travelers planning a one-week mid-range stay in Nigeria, preparing a budget of around ₦350,000 to ₦500,000 (approximately $400 to $600) should provide a comfortable experience. Below is a breakdown of typical daily expenses you might encounter during your visit, which can help in planning your funds:

  • 🍽️ Meal at a local restaurant: ₦3,000 - ₦5,000
  • ☕ Coffee: ₦1,000 - ₦2,500
  • 🚍 Public transport fare: ₦200 - ₦500
  • 📱 Prepaid SIM card: ₦1,500 - ₦3,000
  • 🏨 Budget hotel or Airbnb: ₦10,000 - ₦20,000 per night

In general, Nigeria offers an affordable travel experience compared to many Western countries. When contrasted with the United States, for instance, daily costs in Nigeria can be significantly lower, with meals and accommodations often costing a fraction of those in the US. Similarly, compared to the UK, where expenses can be quite high for a similar mid-range experience, Nigeria certainly presents a cheaper option for savvy travelers.

Expat Living in Nigeria

For expats settling into life in Nigeria, the average monthly living costs can range between ₦150,000 and ₦380,000, depending on lifestyle choices. This includes rent, groceries, utilities, and transportation. Banking in Nigeria has seen significant improvements, but it's advisable to have both local bank accounts and international ones. Credit and debit cards are widely accepted in urban areas, though cash is still king, especially in more rural regions. When it comes to sending and receiving money, online transfer services like Wise or OFX often provide better rates and lower fees compared to exchanging money at banks or local exchanges. For best rates, consider exchanging money locally; however, using a reliable online service can be convenient for larger remittances, ensuring more value over time.

 

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