Understanding the exchange rate between the US Dollar (USD) and the Nigerian Naira (NGN) is crucial for individuals and businesses involved in international transactions. This article provides an overview of the current exchange rate, historical data, and factors influencing the USD to NGN conversion.
As of 17:00 PM UTC, $25,000.00 (twenty-five thousand US Dollars) is currently worth ₦35,900,000.00 (thirty-five million nine hundred thousand Naira). We use mid-market exchange rates to convert USD to NGN, with the current exchange rate at 1436.0000.
Feel free to try converting the currency rate in reverse from Naira to US Dollars.
Historical Exchange Rate Data
Here's a look at the historical exchange rate data between USD and NGN:
- USD/NGN Rate Change: The USD/NGN rate is down -13.94%.
- Last Year: On this day last year, $25,000.00 would have been exchanged for ₦42,185,335.53, ₦6,285,335.53 higher than today’s rate.
- Past 30 Days: The USD to NGN exchange rate reached a high of 1,469.51 and a low of 1,425.19, with an average rate of 1,454.13.
- Past 90 Days: The USD to NGN exchange rate peaked at 1,535.79 and dipped to a low of 1,425.19, averaging 1,489.50.
- Most Favorable Rate: The most favorable exchange rate over the past seven days was ₦36,061,500.00.
This chart shows data from 2024-11-8 to 2025-11-7.
Read also: Current USD/NGN Value
USD to NGN Exchange Rate - Recent Trends
The following table summarizes the recent trends in the USD to NGN exchange rate:
| Period | High | Low | Average |
|---|---|---|---|
| Past 30 Days | 1,469.51 | 1,425.19 | 1,454.13 |
| Past 90 Days | 1,535.79 | 1,425.19 | 1,489.50 |
As of November 9, 2025 05:00 PM UTC, 100 US Dollars is equivalent to 143,653 Nigerian Nairas. As of November 9, 2025 05:00 PM UTC, the best USD to NGN exchange rate is 1,436.53 NGN.
Factors Influencing the Exchange Rate
Several factors can influence the USD to NGN exchange rate:
- Economic Indicators: Economic growth, inflation rates, and employment data in both the United States and Nigeria.
- Geopolitical Events: Political stability and significant global events can impact currency values.
- Market Sentiment: Investor confidence and market speculation play a role in exchange rate fluctuations.
- Central Bank Policies: Actions taken by the Federal Reserve (U.S.) and the Central Bank of Nigeria (CBN) can influence currency values.
How Exchange Rates Are Determined
Currency Trading Information
The USD and NGN can be traded 24x5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York. Exchange rates can fluctuate by the minute while markets are open. However, the period between 3-4 PM GMT is often a good time to convert US Dollars to Nigerian Nairas because currency market liquidity and trading volume tend to be the highest during this time.
Additionally, it's advisable to convert US Dollars to Nigerian Nairas early in the week if you need NGN urgently.
Read also: Exchange Rate Analysis
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Read also: Exchange Rate: 300 USD to NGN
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