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.
The current USD to NGN exchange rate is displayed above and updates in real-time throughout the trading day.
To convert USD to NGN, multiply the amount in USD by the current exchange rate. Use our calculator on the right for instant conversions.
Yes, our USD to NGN exchange rate is updated in real-time throughout the trading day to provide you with the most current market rates.