The Currency Directory

USD / NGN · Daily reference rate

US Dollar to Nigerian Naira

Convert US Dollar (USD) to Nigerian Naira (NGN). The quote shows NGN per 1 USD; use Swap currencies for the other direction. Check the reference date and a year of history. Rates are for information only and are not what a bank or transfer service will give you.

100 USD =
134,014.00 NGN
1 USD = 1,340.14 NGN · 1 NGN = 0.0007462 USD · 24 Oct 2026

USD to NGN conversion table

Reference rate dated 24 Oct 2026. These amounts exclude your provider’s exchange spread and fees.

USD to NGN conversion examples before costs
US Dollar (USD)Nigerian Naira (NGN)
1 USD1,340.14 NGN
5 USD6,700.70 NGN
10 USD13,401.40 NGN
25 USD33,503.50 NGN
50 USD67,007.00 NGN
100 USD134,014.00 NGN
500 USD670,070.00 NGN
1,000 USD1,340,140.00 NGN

History

USD to NGN rate over time

1,303.401,346.781,390.161,433.531,476.91Oct 25Jan 26Apr 26Jul 26Oct 26

Over the past year, USD to NGN moved -8.22% (1,460.12 to 1,340.14). Range 1,320.19 to 1,460.12.

Compare

USD against major currencies

PairRate30 days1 year
+13 USD / EUR
Euro
0.8911+1.53%+3.45%
+13+1 USD / GBP
British Pound
0.7469-0.97%-0.42%
+13 USD / JPY
Japanese Yen
157.16-0.75%+2.89%
+13+4 USD / AUD
Australian Dollar
1.4256+0.41%-7.32%
+13 USD / CAD
Canadian Dollar
1.4014-0.55%+0.08%
+13 USD / CHF
Swiss Franc
0.8226-0.27%+3.34%
+13 USD / CNY
Chinese Yuan
6.667-0.59%-6.31%
+13 USD / SGD
Singapore Dollar
1.2774-0.13%-1.67%
+13 USD / HKD
Hong Kong Dollar
7.8482-0.00%+0.91%
+13 USD / IDR
Indonesian Rupiah
18,058.00+0.93%+8.70%

The money behind the rate

About these currencies

+13 US Dollar (USD)

ISO 4217
USD · 840
Symbol
$
Minor units
2
Used in
United States, Ecuador, El Salvador, Timor-Leste, Puerto Rico, Guam, Marshall Islands, Micronesia, Palau, Panama, British Virgin Islands, Turks and Caicos Islands, and others

The US Dollar is issued by the Federal Reserve.

  • 1792The Coinage Act establishes the US Mint and sets the dollar as the unit of US money.
  • 1913The Federal Reserve Act, signed on 23 December, creates the Federal Reserve System, which issues Federal Reserve Notes.
  • 1944The Bretton Woods conference sets up fixed exchange rates, with currencies pegged to the US dollar, which is convertible to gold at $35 an ounce.
  • 1971The US ends the dollar’s convertibility into gold for foreign governments on 15 August.
Sources

Naira (NGN)

ISO 4217
NGN · 566
Symbol
₦
Minor units
2
Used in
Nigeria

The Naira is issued by the Central Bank of Nigeria.

  • 1973The naira replaces the Nigerian pound as Nigeria changes to a decimal currency on 1 January, with the naira worth ten shillings.
  • 2016The central bank ends its managed rate of about 197 naira per US dollar and introduces a flexible interbank market, with trading starting on 20 June.
  • 2023The central bank merges the separate segments of the foreign exchange market into the Investors and Exporters window.
Sources

Good to know

Questions

What is the USD to NGN exchange rate?

1 USD = 1,340.14 NGN and 1 NGN = 0.0007462 USD on 24 Oct 2026. This is a daily reference rate before bank margins and fees.

How much is 100 USD in NGN?

100 USD is 134,014.00 NGN at the 24 Oct 2026 reference rate, before your provider’s margin and fees.

Is this the rate I would get at a bank?

No. These are daily reference rates, close to the mid-market rate. Banks and transfer services add a margin and fees, so the amount you receive is usually lower.

How often is the rate updated?

Once a day. The latest figure here is dated 24 Oct 2026 and is not real time.

Where does the data come from?

Frankfurter, an open service that publishes daily reference rates. Confirm with your bank or provider before you transact.