This page provides an overview of the conversion between Nigerian Naira (NGN) and United States Dollar (USD). Below, you will find the latest exchange rates, historical data, and other relevant information to help you understand the dynamics of this currency pair.
As of 15:00PM UTC, ₦36,000.00 (thirty-six thousand naira) is currently worth $25.04 (twenty-five US dollars 4 cents). We use mid-market exchange rates to convert NGN to USD, with the current exchange rate standing at 0.0007. You can also convert from US Dollars to Naira in reverse.
Conversely, $36,000.00 (thirty-six thousand US dollars) is currently worth ₦51,760,440.00 (fifty-one million seven hundred sixty thousand four hundred forty naira) as of 15:00PM UTC. The current exchange rate is 1437.7900. Compared to the previous closing exchange rate, the Nigerian Naira 🔻decreased by -0.32% (-168120.00) against the US Dollar. You can also perform a reverse conversion from Naira to US Dollars.
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Historical Exchange Rate Data
Analyzing historical data can provide insights into the fluctuations and trends of the NGN/USD exchange rate. Check the history chart of this currency pair, and by choosing a time period, you can get more detailed information.
Read also: Current USD/NGN Value
A year ago, the currency rate US Dollar to Nigerian Naira was: ₦1678.549. Since then, the exchange rate has decreased by -240.76 NGN (-14.34%).
On this day last year, $36,000.00 would have been exchanged for ₦60,427,753.99, which is ₦8,667,313.99 higher than today’s rate. Similarly, ₦36,000.00 would have been exchanged for $21.45, $3.59 lower than today’s rate.
The most favorable exchange rate over the past seven days was ₦52,097,760.00. The most favorable exchange rate over the past seven days was $25.04.
The NGN/USD rate is up +15.96%. 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 0.0006866. Over the last 90 days, the NGN to USD exchange rate peaked at 0.0007017 and dipped to a low of 0.0006511, averaging 0.0006704.
Historical chart of NGN to USD exchange rate.
Read also: Exchange Rate Analysis
NGN to USD Exchange Rate - Historical Data
This chart shows data from 2024-11-6 to 2025-11-5.
Here is some factual data and analysis of currency fluctuations:
Recent Exchange Rate Dynamics:
- 30-Day Range: The NGN to USD exchange rate has fluctuated between 0.0007017 and 0.0006805 over the past 30 days.
- 90-Day Range: Over the last 90 days, the exchange rate has seen a high of 0.0007017 and a low of 0.0006511.
Feel free to try converting the currency rate in reverse from Naira to US Dollars.
About the US Dollar
The United States dollar, symbolized by $, is the official currency of the United States and the world’s primary reserve currency. As the most traded currency globally, it plays a central role in international trade and finance, serving as a preferred medium for global reserves held by governments and institutions. This status as a reserve currency means that many countries hold USD as part of their foreign exchange reserves, which enhances its stability and liquidity.
Read also: Exchange Rate: 300 USD to NGN
The USD is known for its stability, liquidity, and widespread use in global transactions.
Key Features of the US Dollar:
- Symbol: $
- Global Reserve Currency: Held by many countries in their foreign exchange reserves.
- Stability and Liquidity: Known for its stable value and ease of trading.
- Widespread Use: Used extensively in international trade and finance.
REVEALED: ₦820 Naira to Factors Influencing NGN to USD Exchange Rate Dollar? Exchange Rate Policy Explained!
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