Nigerian Naira (NGN) to US Dollar (USD) Exchange Rate: Trends and Analysis

Understanding the exchange rate between the Nigerian Naira (NGN) and the US Dollar (USD) is crucial for businesses, travelers, and individuals involved in international transactions. This article provides an overview of the NGN to USD exchange rate, including recent trends, historical data, and factors influencing currency values.

Current Exchange Rate and Conversion

To check current rates and other options, simply click “Send money”. We use the mid-market rate for our Converter. This is for informational purposes only. You won’t receive this rate when sending money. Login to view send rates.

Just enter the USD amount to be converted to NGN. Convert USD to NGN now for today’s Western Union exchange rate. Enter the amount, choose your currencies, and see the latest rates.

Here are some examples of USD to NGN conversions:

  • 5 USD - NGN Exchange Rates shown are estimates, vary by a number of factors including payment and payout methods, and are subject to change.
  • 10 USD - NGN Exchange Rates shown are estimates, vary by a number of factors including payment and payout methods, and are subject to change.
  • 20 USD - NGN Exchange Rates shown are estimates, vary by a number of factors including payment and payout methods, and are subject to change.
  • 50 USD - NGN Exchange Rates shown are estimates, vary by a number of factors including payment and payout methods, and are subject to change.
  • 100 USD - NGN Exchange Rates shown are estimates, vary by a number of factors including payment and payout methods, and are subject to change.
  • 250 USD - NGN Exchange Rates shown are estimates, vary by a number of factors including payment and payout methods, and are subject to change.
  • 500 USD - NGN Exchange Rates shown are estimates, vary by a number of factors including payment and payout methods, and are subject to change.
  • 1000 USD - NGN Exchange Rates shown are estimates, vary by a number of factors including payment and payout methods, and are subject to change.
  • 2000 USD - NGN Exchange Rates shown are estimates, vary by a number of factors including payment and payout methods, and are subject to change.
  • 5000 USD - NGN Exchange Rates shown are estimates, vary by a number of factors including payment and payout methods, and are subject to change.

Historical Exchange Rate Statistics

Analyzing historical exchange rate data provides valuable insights into the volatility and trends of the NGN to USD exchange rate. Here's a summary of the exchange rate statistics over the last 7, 30, and 90 days:

Read also: Understanding NGN Exchange Rates

1 USD to NGN exchange-rate stats: high, low, average, and volatility over the last 7, 30, and 90 days.

Statistic Last 7 Days Last 30 Days Last 90 Days
High 1,453.2 1,475.7 1,538.7
Low 1,425.4 1,425.4 1,425.4
Average 1,441.7 1,459.4 1,495.2
Volatility 0.80% 0.42% 0.35%

1 NGN to USD exchange-rate stats: high, low, average, and volatility 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%

Currency Information

The currency code for the US Dollar is USD. The currency symbol is $. Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate. The US Dollar is the official currency of United States of America.

The currency code for Nigerian Nairas is NGN. The currency symbol is ₦. Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. The Nigerian Naira is the official currency of Nigeria.

International Money Transfers

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You can send money to Nigeria the way that’s convenient for you: online, with our app, or in person at an agent location. We move money from the United States of America to over 200 countries and territories.

It’s easy to sign up and start sending money reliably. Transfer USD to NGN online using your bank account, credit/debit card or cash in-store.

Key features include:

  • Send money quickly or start a transfer and pay in-store.
  • Track your money transfer in real time.
  • Quickly repeat transfers to family and friends.

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Additional Tools and Services

Manage your currencies on the go with the Xe app. It has everything you need for international money transfers - easy, secure, and low fees starting at $0.

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Explore Xe currency tools including FX insights, advanced indicators, live news feeds & customizable dashboards.

Set free rate alerts for any currency pair. We’ll notify you at your desired rate. Analyze rate trends for any currency over a few days, weeks, months, or years.

How Exchange Rates Are Determined

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