USD to NGN: Convert US Dollars to Nigerian Nairas (2024)

1.0000 USD = 1,590.58 NGN September 4, 2024 02:00 AM UTC

Check the latest currency exchange rates for the US Dollar, Nigerian Naira and all major world currencies. Our currency converter is simple to use and also shows the latest currency rates.

Live USD to NGN Currency Converter

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1US Dollar=1,590.58Nigerian Nairas

1 USD = 1,590.58 NGN1 NGN = 0.0006287 USD

Last update 2024-9-4 2:00 AM UTC

InvertUS Dollar to Nigerian Naira Conversion Chart

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y

This chart shows data from 2023-9-4 to 2024-9-3. The average exchange rate over this period was 1,193.69 Nigerian Nairas per US Dollar.

What was the highest USD to NGN exchange rate in the lastyear?

The high point for the USD/NGN ratewas 1,649.57 Nigerian Nairas per US Dollar on August 1, 2024.

What was the lowest USD to NGN exchange rate in the lastyear?

The low point was 744.92 Nigerian Nairas per US Dollar on September 12, 2023.

Is USD up or down compared to NGN in the lastyear?

The USD/NGN rate is up +109.99%. This means the US Dollar has increased in value compared to the Nigerian Naira.

View History Table

1 USD to NGN Exchange Rates

Last 30 DaysLast 90 Days
High1,607.371,649.57
Low1,559.291,460.92
Avg1,583.001,555.40
Volatility-1.04%+6.98%

In the past 30 days, the USD to NGN exchange rate reached a high of 1,607.37 and a low of 1,559.29, with an average rate of 1,583.00. The overall change in this period was -1.04%.

Over the last 90 days, the USD to NGN exchange rate peaked at 1,649.57 and dipped to a low of 1,460.92, averaging 1,555.40. The total change for this period was +6.98%.

Download History

Conversion Rates US Dollar/Nigerian Naira

US Dollar Nigerian Naira
1 USD1,590.58 NGN
5 USD7,952.91 NGN
10 USD15,906 NGN
15 USD23,859 NGN
20 USD31,812 NGN
25 USD39,765 NGN
50 USD79,529 NGN
100 USD159,058 NGN
500 USD795,291 NGN
1,000 USD1,590,582 NGN
2,500 USD3,976,454 NGN
5,000 USD7,952,909 NGN
10,000 USD15,905,818 NGN
25,000 USD39,764,544 NGN
50,000 USD79,529,088 NGN
100,000 USD159,058,176 NGN

Conversion Rates Nigerian Naira/US Dollar

Nigerian Naira US Dollar
1,000 NGN0.6287 USD
5,000 NGN3.1435 USD
10,000 NGN6.2870 USD
15,000 NGN9.4305 USD
20,000 NGN12.574 USD
25,000 NGN15.718 USD
50,000 NGN31.435 USD
100,000 NGN62.870 USD
500,000 NGN314.35 USD
1,000,000 NGN628.70 USD
2,500,000 NGN1,571.75 USD
5,000,000 NGN3,143.50 USD
10,000,000 NGN6,287.01 USD
25,000,000 NGN15,718 USD
50,000,000 NGN31,435 USD
100,000,000 NGN62,870 USD

US Dollar to Nigerian Naira Rates by Year

To view rates between the US Dollar and the Nigerian Naira for a particular year, click on one of the links below.

  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015

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How to Convert US Dollars to Nigerian Nairas?

You can convert US Dollars to Nigerian Nairas using the exchange-rates.org currency converter in just one easy step: Enter the amount of USD you want to convert to NGN in the box labeled "Amount".

That's it! You’ll now see the value of the converted currency according to the most recent exchange rate.

Frequently Asked Question about USD to NGN

How much is 1 US Dollar in Nigerian Nairas?

1 US Dollar = 1,590.58 Nigerian Nairas as of September 4, 2024 02:00 AM UTC.You can get live exchange rates between US Dollars and Nigerian Nairas using exchange-rates.org,which aggregates real-time forex data from the most authoritative sources.

How much is 100 US Dollars in Nigerian Nairas?

As of September 4, 2024 02:00 AM UTC, 100 US Dollars is equivalent to 159,058 Nigerian Nairas. The exchange rate at this time is 1,590.58 Nigerian Nairas per US Dollar.

What was the highest USD to NGN exchange rate in the last 10 years?

In the last 10 years, the highest rate from US Dollars to Nigerian Nairas was on August 1, 2024 when each US Dollar was worth 1,649.57 Nigerian Nairas.

When is the best time to convert USD to NGN?

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. Executing a trade late in the week might result in a delayed settlement until the following week, as forex markets are closed on weekends.

Which is stronger, the US Dollar or the Nigerian Naira?

The US Dollar is currently stronger than the Nigerian Naira, as 1 USD is equal to 1,590.58 NGN.Conversely, 1 NGN is worth 0.0006287 USD.

Is the US Dollar up or down against the Nigerian Naira?

The US Dollarhas increased +76.91%year-to-date against the Nigerian Naira.Over the past 10 years, the US Dollarhas appreciated +769.17%against the Nigerian Naira.Consequently, the US Dollar hasgainedpurchasing power compared to the Nigerian Naira over the lastdecade.

What's the bestUSD toNGN exchange rate today?

As of September 4, 2024 02:00 AM UTC, the best USD to NGN exchange rate is 1,590.58 NGN. This means that for every US Dollar you exchange, you will receive 1,590.58 Nigerian Nairas.

Why Trust Us?

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USD to NGN: Convert US Dollars to Nigerian Nairas (2024)

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