About US Dollar (USD)

The US dollar (USD) is the main reserve and invoicing currency. USD/NGN is driven first by Nigeria's USD liquidity (oil receipts/production, remittances, CBN policy/interventions, FX backlogs) and then by the broad dollar via Fed policy and US yields. Big FX regime changes and crude price swings can cause step-moves and widen official–parallel spreads.

• Quoted as 1 USD in Nigerian Naira (NGN).
• Use the calculator to convert USD ↔ NGN or cross pairs.
• 24h change is computed from consecutive daily snapshots.

Frequently Asked Questions

About USD / NGN exchange rate