Rate to Remit

NGN to USD today

1 NGN = 0.000743 USD

Official central rate for 2026-10-30, Source: Central Bank of Nigeria. 1 USD = 1,345.76 NGN.

On 80% of the 245 days NGN/USD was published in the year to 30 October 2026, one NGN bought fewer US dollars than it does today. Over that year the published rate ranged from 0.000683 to 0.000760 USD.

That describes rates that were published in the past. It is not a prediction, it does not indicate what the rate will do next, and it is not advice about whether or when to transfer money.

Convert NGN to USD

Type a number, or words like 500k, 1 million or 20k.

74.31 USD

Official central rate vs what you’ll actually get

The NGN/USD rate above is the official central rate published by Central Bank of Nigeria official NFEM rate on 2026-10-30. It is the reference point, not a price you can transact at.

Why the amount received is lower

  • Transfer fee. A flat charge, or a percentage, taken by the sending service.
  • Exchange rate markup. Most services apply a spread to the reference rate. This is usually the larger cost and is often not shown as a fee.
  • Receiving method. Bank deposit, mobile wallet and cash pickup can carry different rates and charges.
  • Timing. Reference rates are published once per working day; a transfer is priced when it is executed.

What a markup costs

Illustration only, not a quote from any provider: at a 1.5% markup with a ₦200.00 fee, sending ₦100,000 delivers about $73 instead of the $74 the official central rate implies — a difference of $1.

United States: This is the Central Bank of Nigeria official rate. Rates offered by banks, transfer services and informal markets may differ.

Compare an offer against this rate

If a bank or transfer service has quoted you a rate and a fee, put them in here. It works out what you would receive at their rate after their fee, what the same amount comes to at the reference rate above, and the difference between the two.

The reference rate is not a rate anyone is obliged to offer, and a difference from it is not evidence of wrongdoing: providers carry real costs, and the spread is how most of them are paid rather than through the fee. This is arithmetic on figures you entered, to make the cost visible. It is not advice, and not a claim about any provider.

NGN to USD over time

30 days
0.000735 0.000744 0.000753 30 Sep 15 Oct 30 Oct
High 0.000753 (2026-09-30) · low 0.000735 (2026-10-23) · -1.27%
1 year
0.000683 0.000720 0.000758 Oct 2025 Apr 2026 Oct 2026
High 0.000760 (2026-09-03) · low 0.000683 (2025-12-19) · +6.74%
5 years
0.000592 0.001514 0.002435 2021 2024 2026
High 0.002435 (2021-11-22) · low 0.000592 (2024-11-20) · -69.48%
Since 2001
0.000596 0.004748 0.008901 2001 2014 2026
High 0.008901 (2001-12-10) · low 0.000592 (2024-11-20) · -91.65%

What this record shows

  • Across the 6,085 days published since 2001-12-10, one NGN has bought as much as 0.008901 USD (on 2001-12-10) and as little as 0.000592 USD (on 2024-11-20).
  • 5 years ago, on 2021-11-01, one NGN bought 0.002435 USD. Today it buys 0.000743 — a change of -69.48%.
  • The largest move between one publication and the next was -29.70%, from 0.005089 on 2016-06-17 to 0.003578 on 2016-06-20.
  • 2023 was the widest calendar year in the record: 0.000962 to 0.002227 USD, a spread of 131.4% between its lowest and highest published rates.

Every figure here is drawn from rates already published by the source named on this page. They describe what happened, carry no view on what any of it was worth, and say nothing about what the rate will do next. Amounts in US dollars elsewhere on this page use today’s rate only.

NGN to USD on a past date

Published history runs from 2001-12-10 to 2026-10-30. Sources publish on working days only, so a weekend or a holiday returns the rate published before it, and says so.

Rate statistics

Movement of the official central rate, USD per NGN.
Period High Low Average Change
30 days 0.000753 0.000735 0.000748 -1.27%
52 weeks 0.000760 0.000683 0.000726 +5.61%
5 years 0.002435 0.000592 0.001280 -69.48%

Annualised volatility over the last year: 7.0%.

Common NGN amounts in USD

Nigerian naira US dollar Detail
₦1,000 $1 1k Nigerian naira to USD
₦5,000 $4 5k Nigerian naira to USD
₦10,000 $7 10k Nigerian naira to USD
₦50,000 $37 50k Nigerian naira to USD
₦100,000 $74 100k Nigerian naira to USD
₦200,000 $149 200k Nigerian naira to USD
₦500,000 $372 500k Nigerian naira to USD
₦1,000,000 $743 1 million Nigerian naira to USD
₦5,000,000 $3,715 5 million Nigerian naira to USD
₦10,000,000 $7,431 10 million Nigerian naira to USD

Yearly averages

Averages of the published official central rates for each calendar year.
Year Average High Low
2026 0.000733 0.000760 0.000699
2025 0.000660 0.000704 0.000614
2024 0.000695 0.001172 0.000592
2023 0.001672 0.002227 0.000962
2022 0.002364 0.002420 0.002229
2021 0.002509 0.002635 0.002421
2020 0.002825 0.003264 0.002628
2019 0.003263 0.003266 0.003263
2018 0.003272 0.003278 0.003263
2017 0.003276 0.003284 0.003252
2016 0.004145 0.005089 0.003082
2015 0.005206 0.005970 0.005038
2014 0.006395 0.006443 0.005970
2013 0.006441 0.006443 0.006428
2012 0.006433 0.006483 0.006388
2011 0.006588 0.006734 0.006379
2010 0.006743 0.006798 0.006687
2009 0.006814 0.007648 0.006605
2008 0.008546 0.008617 0.007648
2007 0.008063 0.008598 0.007904
2006 0.007882 0.007905 0.007782
2005 0.007626 0.007782 0.007527
2004 0.007519 0.007585 0.007326
2003 0.007765 0.007911 0.007262
2002 0.008315 0.008853 0.007662

Where this rate comes from

Source: Central Bank of Nigeria. The rate is published directly by the source for 2026-10-30. Full detail is on the methodology page, including publication schedules and how derived rates are calculated.

Think this number is wrong? Report it and it will be checked against the source. Corrections are made to the data, not papered over.