The exchange rate between the Nigerian Naira (NGN) and the US Dollar (USD) is a crucial factor in international finance and trade. This article provides an in-depth look at the current exchange rate, historical trends, and tools available to help you make informed decisions regarding currency conversions.
Current Exchange Rate
As of 02:00 AM UTC, ₦30.00 (thirty naira) is currently worth $0.021 (zero US dollars 2 cents). The current exchange rate is 0.0007.
We use mid-market exchange rates to convert NGN to USD.
You can convert the currency rate in reverse from US Dollars to Naira.
Historical Exchange Rate Trends
On this day last year, ₦30.00 would have been exchanged for $0.018, $0.003 lower than today’s rate. The most favorable exchange rate over the past seven days was $0.021.
Read also: Current USD/NGN Value
This chart shows data from 2024-11-7 to 2025-11-6. The NGN/USD rate is up +16.11%. In the past 30 days, the NGN to USD exchange rate reached a high of 0.0007017 and a low of 0.0006805, with an average rate of 0.0006871. Over the last 90 days, the NGN to USD exchange rate peaked at 0.0007017 and dipped to a low of 0.0006511, averaging 0.0006710.
1 Nigerian naira to US dollar Historical Exchange Rate Trends:
Historical Exchange Rate Trends
Factors Influencing Exchange Rates
Currency exchange rates fluctuate mainly due to a combination of factors, including global economic activity, market sentiment, interest rate changes, inflation, trade imbalances, and central bank monetary policies. For example, when a country has a strong economy and rising interest rates, it may attract more foreign capital, pushing up the value of its currency. Conversely, political instability or economic slowdown may lead to currency depreciation. Changes in market expectations and speculative activities can also intensify short-term exchange rate fluctuations.
The AI’s prediction of the Nigerian naira to US dollar exchange rate is not 100% accurate, but it is based on multiple dimensions of analysis, including historical data, real-time market trends, economic indicators, and geopolitical factors, making it more comprehensive than relying solely on human judgment. Our AI model can process massive amounts of data quickly and continuously update NGN to USD predictions, providing you with real-time trend references. However, since the foreign exchange market can be affected by unexpected events and policy changes, it is recommended to use AI predictions as a supplementary reference in combination with your financial planning and real-time market information to improve the scientific basis and success rate of your exchange decisions.
Read also: Exchange Rate Analysis
Using Online Currency Converters
To exchange one currency for another, simply input your amount into our user-friendly currency converter. It does the math using the latest exchange rates. For example, if 1 US dollar could be exchanged for 2 euros, that's the rate it'll use to convert your dollars to euros and vise versa.
Users simply enter the amount (e.g., 30) into the online currency converter, then select the source currency (NGN) and target currency (USD) from the dropdown menus. No need to click anything else - the system will automatically calculate and display the real-time exchange rate result for 30Nigerian naira to US dollar. It also provides AI-based analysis, historical rate trends, and exchange rate comparisons from different data sources to help users better understand the conversion and make informed decisions.
After you select NGN and USD in the exchange box and enter an amount, the Nigerian naira to US dollar exchange rate will automatically appear for your reference.
With our convenient tool, you can not only quickly check today’s latest exchange rate for 30 Nigerian naira to US dollar, but also easily view detailed historical trends along with AI analysis and forecasts. By keeping track of both real-time and past exchange rate information, you can plan the timing of your international payments, lock in favorable conversion opportunities, and secure the best 30 Nigerian naira to US dollar rate. This helps you reduce cross-border remittance costs, optimize cash flow and usage efficiency, and make every international transaction more secure, transparent, and efficient.
NGN and USD in the Global Economy
The Nigerian Naira (NGN) stands as the official currency of Nigeria, playing a vital role in the nation’s financial ecosystem. In 2025, the naira’s significance grows as it navigates economic challenges and opportunities. You’ll notice its exchange rate against the US Dollar at ₦1,610.13, reflecting a 13.43% rise over the past year. Despite this improvement, Nigeria’s inflation rate of 24.23% highlights ongoing pressures that impact purchasing power. The NGN currency also influences global trade.
Read also: Exchange Rate: 300 USD to NGN
The United States Dollar, commonly referred to as the USD, is the official currency of the United States and plays a pivotal role in the global economy. The USD currency is a key player in international trade and finance, where it accounted for nearly 48% of all SWIFT payments by mid-2024. Furthermore, the USD serves as a crucial global reserve currency, comprising 58.36% of official foreign exchange reserves by late 2022. Its dominance is further highlighted by its involvement in nearly 9.
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Key Statistics: NGN to USD
Here's a summary of key statistics for the NGN to USD exchange rate over the last 7, 30, and 90 days:
| Statistic | Last 7 Days | Last 30 Days | Last 90 Days |
|---|---|---|---|
| High | 0.00070158 | 0.00070158 | 0.00070158 |
| Low | 0.00068812 | 0.00067767 | 0.00064990 |
| Average | 0.00069363 | 0.00068524 | 0.00066910 |
| Volatility | 0.80% | 0.42% | 0.35% |
Making Cross-Border Payments
You can make convenient cross-border payments via international wire transfer. Currently, you can also make cross-border payments through XTransfer, where we offer more convenient and secure international cross-border payment services, especially when transferring funds to companies in China.
XTransfer is absolutely secure. Your funds are protected by our top-level security measures to ensure every transaction is safeguarded. If there is a delay, we will refund the service fee to compensate your loss.
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