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Find Today's Best US Dollar to Nigerian Naira Exchange Rates

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Compare USD-NGN exchange rates and fees before your next money transfer

Last updated an hour ago See live results
Sending 100 USD with Your recipient gets Exchange rate Fees
136,942.13 NGN Check rates Instarem USD to NGN rate:
1 USD = 1369 NGN
0 USD
129,921.00 NGN Check rates Remitly USD to NGN rate:
1 USD = 1299 NGN
0 USD
128,952.00 NGN Check rates Western Union USD to NGN rate:
1 USD = 1290 NGN
0 USD
128,102.17 NGN Check rates WorldRemit USD to NGN rate:
1 USD = 1281 NGN
0 USD
128,100.00 NGN Check rates Sendwave USD to NGN rate:
1 USD = 1281 NGN
0 USD
Compare for a specific amount, different pay-in and pay-out options, and see transfer speed and Monito Scores on our dedicated comparison page.

How Much is the US Dollar Exchange Rate in Nigerian Banks Today?

Conversion Rates USD/NGN

1 USD 1,371 NGN
50 USD 68,544 NGN
100 USD 137,088 NGN
200 USD 274,176 NGN
500 USD 685,440 NGN
1,000 USD 1,370,880 NGN
3,500 USD 4,798,082 NGN
5,000 USD 6,854,402 NGN
10,000 USD 13,708,804 NGN
100,000 USD 137,088,045 NGN
Source XE.com | Last updated an hour ago

Conversion Rates NGN/USD

1 NGN 0.000729 USD
50 NGN 0.036473 USD
100 NGN 0.072946 USD
200 NGN 0.145892 USD
500 NGN 0.364729 USD
1,000 NGN 0.729458 USD
3,500 NGN 2.553104 USD
5,000 NGN 3.647291 USD
10,000 NGN 7.294582 USD
100,000 NGN 72.945821 USD
Source XE.com | Last updated an hour ago

Key facts about USD and NGN

  • About the US dollar

    Name:
    US dollar
    Symbol:
    $
    Minor unit:
    1/100 Cent
    Central Bank:
    Federal Reserve Bank
    Countries:
    Ecuador, Guam, Micronesia, Palau, Panama, Zimbabwe, United States, Congo (RDC), El Salvador, Virgin Islands, British, American Samoa, Marshall Islands, Puerto Rico
    Rank in the most traded currencies:
    #1
  • About the Nigerian naira

    Name:
    Nigerian naira
    Symbol:
    Minor unit:
    1/100 Kobo
    Central Bank:
    Central Bank of Nigeria
    Country:
    Nigeria
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Where To Get US Dollars Cheap in Nigeria?

Traditionally, large banks and black-market currency exchange counters sell US dollars — but at a very poor rate. International money transfer specialists almost always offer lower fees and better exchange rates.

To learn more about how companies like WorldRemit, Remitly, and Small World can send your money to Nigeria, read our article on how to receive money from abroad in Nigeria.

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What is the Nigerian Bank Dollar Exchange Rate?

When large banks in Nigeria exchange naira for US dollars, and vice versa, they use the interbank exchange rate, also called the mid-market exchange rate. When you go to a bank counter to buy US dollars, the bank teller will buy your naira (NGN) and give you US dollars (USD) at a rate that is weaker than the mid-market exchange rate.

This is why our experts at Monito recommend that you use an international money transfer specialist to send US dollars. They offer lower fees and better exchange rates than traditional banks.

Run a search on our comparison engine to find the best provider for you:

Transfer US Dollars Cheaply to Nigeria

FAQ About How To Get Cheap Dollars in Nigeria

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