Today's best Nigerian nairas - US dollar exchange rates

About the NGN to USD exchange rate

Today's NGN-USD Commentary

Examining the highs and lows of the NGN-USD mid-market exchange rate, we can observe a very important difference (exactly 2.3%) between the highest level of NGN 1 = USD 0.0024 recorded on July 31 and the minimum value of NGN 1 = USD 0.0024 attained last Monday. Even though the fluctuations have been important in the past 2 weeks, the current NGN-USD mid-market is as we're writting very close to its average value of the past two weeks. Transferring NGN 1,500 at the current interbank exchange rate gets you USD 4, it was equal to as much as USD 4 on July 31 but only USD 4 last Monday.

Key facts about NGN and USD

• About the Nigerian naira

  Name:

  Nigerian naira

  Symbol:

  ₦

  Minor unit:

  1/100 Kobo

  Central Bank:

  Central Bank of Nigeria

  Country:

  Nigeria

• About the US dollar

  Name:

  US dollar

  Symbol:

  $

  Minor unit:

  1/100 Cent

  Central Bank:

  Federal Reserve Bank

  Countries:

  United States, American Samoa

  Rank in the most traded currencies:

  #1

Nigerian nairas (NGN) and US dollars (USD) exchange rates with other main currencies