Dollar to naira today
US dollar · Nigerian naira · official rate
1USD1,346.29NGN
- Source
- Central Bank of Nigeria, central rate (official) 1
- Published
- working days, expected by 18:00 WAT
- Live interbank
- third-party widget, not this figure
A bank or a bureau will quote two other rates. It buys below this figure and sells above it; the gap is its margin, and a fee may come on top.
How the rate moved
- 1 day
- −1.95NGN−0.14%
- 7 days
- +0.54NGN+0.04%
- 30 days
- +15.03NGN+1.13%
- 365 days
- −89.95NGN−6.26%
One US dollar in naira: today’s rate against the rate of the day named.
Dollar and naira converter
Amount × the official rate of the CBN. The answer is already worked out for an example; change the amount or the currency to recalculate.
Round amounts
At the official rate of CBN. Each amount has its own page where there is one.
| Amount | In NGN |
|---|---|
| 1 USD | 1,346.29 |
| 5 USD | 6,731.47 |
| 10 USD | 13,462.95 |
| 20 USD | 26,925.89 |
| 50 USD | 67,314.73 |
| 100 USD | 134,629.45 |
| 200 USD | 269,258.90 |
| 300 USD | 403,888.35 |
| 500 USD | 673,147.25 |
| 1,000 USD | 1,346,294.50 |
| 2,000 USD | 2,692,589.00 |
| 5,000 USD | 6,731,472.50 |
| 10,000 USD | 13,462,945.00 |
| Amount | In USD |
|---|---|
| 1,000 NGN | 0.7428 |
| 5,000 NGN | 3.71 |
| 10,000 NGN | 7.43 |
| 50,000 NGN | 37.14 |
| 100,000 NGN | 74.28 |
| 500,000 NGN | 371.39 |
| 1,000,000 NGN | 742.78 |
| 5,000,000 NGN | 3,713.90 |
The naira against other currencies
Each row carries the date of its own rate. Rows marked “via USD” are worked out through the dollar from two sources named below.
| Currency | One unit, in NGN | One NGN, in the unit | Day | Rate of |
|---|---|---|---|---|
| USDUS dollar | 1,346.29 | 0.0007428 | −1.95−0.14% | 1 |
| EUREuro | 1,503.54 | 0.0006651 | −9.86−0.65% | 1 |
| GBPBritish pound | 1,802.96 | 0.0005546 | −13.39−0.74% | 1 |
| CADCanadian dollarvia USD | 961.98 | 0.001040 | −3.81−0.39% | 2 |
| AUDAustralian dollarvia USD | 934.93 | 0.001070 | −9.48−1.00% | 2 |
| CNYChinese yuan | 201.80 | 0.004955 | −0.37−0.18% | 1 |
| ZARSouth African rand | 81.42 | 0.01228 | −0.80−0.98% | 1 |
| AEDUAE dirham | 366.53 | 0.002728 | −0.56−0.15% | 1 |
| SARSaudi riyal | 358.66 | 0.002788 | −0.52−0.14% | 1 |
| CHFSwiss franc | 1,643.43 | 0.0006085 | −4.79−0.29% | 1 |
| JPYJapanese yen | 8.5004 | 0.1176 | −0.00960−0.11% | 1 |
Dollar to naira, day by day
- 1,367.11high · 26.10
- 1,330.69low · 09.10
- Last
- 1,346.29 NGN · 06.11
- Over the period
- +15.03NGN+1.13%
- 1,367.11high · 26.10
- 1,315.17low · 03.09
- Last
- 1,346.29 NGN · 06.11
- Over the period
- −13.35NGN−0.98%
- 1,464.00high · 19.12
- 1,315.17low · 03.09
- Last
- 1,346.29 NGN · 06.11
- Over the period
- −89.95NGN−6.26%
The last 63 days as a table
| Day | Rate, NGN | Change |
|---|---|---|
| 1,346.29 | −1.95 | |
| 1,348.24 | +0.94 | |
| 1,347.30 | +0.86 | |
| 1,346.43 | −1.01 | |
| 1,347.44 | +1.69 | |
| 1,345.76 | −0.65 | |
| 1,346.41 | −0.62 | |
| 1,347.03 | −5.35 | |
| 1,352.37 | −14.73 | |
| 1,367.11 | +5.77 | |
| 1,361.34 | +17.43 | |
| 1,343.90 | +9.68 | |
| 1,334.22 | +1.08 | |
| 1,333.15 | −0.11 | |
| 1,333.26 | +1.50 | |
| 1,331.76 | +0.64 | |
| 1,331.11 | −0.98 | |
| 1,332.09 | −0.38 | |
| 1,332.47 | +0.88 | |
| 1,331.60 | +0.91 | |
| 1,330.69 | −0.92 | |
| 1,331.60 | +0.33 | |
| 1,331.27 | +0.89 | |
| 1,330.37 | −0.81 | |
| 1,331.19 | +1.59 | |
| 1,329.60 | +0.94 | |
| 1,328.66 | −1.31 | |
| 1,329.97 | −0.86 | |
| 1,330.83 | +1.82 | |
| 1,329.01 | +0.85 | |
| 1,328.17 | +0.17 | |
| 1,328.00 | +0.72 | |
| 1,327.28 | −2.02 | |
| 1,329.30 | −1.40 | |
| 1,330.70 | −0.08 | |
| 1,330.78 | +1.42 | |
| 1,329.36 | +0.71 | |
| 1,328.65 | +2.85 | |
| 1,325.80 | −0.22 | |
| 1,326.02 | −1.70 | |
| 1,327.72 | −1.00 | |
| 1,328.71 | +8.97 | |
| 1,319.75 | −0.31 | |
| 1,320.06 | −0.66 | |
| 1,320.72 | +5.54 | |
| 1,315.17 | −11.01 | |
| 1,326.19 | −2.74 | |
| 1,328.93 | −3.51 | |
| 1,332.44 | −4.35 | |
| 1,336.79 | −1.30 | |
| 1,338.09 | −5.01 | |
| 1,343.09 | −3.38 | |
| 1,346.48 | +0.48 | |
| 1,345.99 | −1.14 | |
| 1,347.13 | −2.78 | |
| 1,349.91 | +7.09 | |
| 1,342.82 | −6.22 | |
| 1,349.04 | −8.07 | |
| 1,357.11 | −0.04 | |
| 1,357.15 | −2.93 | |
| 1,360.08 | −4.32 | |
| 1,364.40 | +4.76 | |
| 1,359.64 | — |
Every day of the years we hold is in the archive.
The parallel market rate
Beside the official rate there is a street, or parallel, market where dollars change hands between individuals and unlicensed dealers. Its rate is usually weaker for the naira, and it is what most people mean by the “black market rate”.
- What this site prints
- The official rate of the Central Bank of Nigeria, with the date it applies to and a link to where it was published. Every figure here comes from a source you can open.
- What this site does not print
- A parallel-market rate. Nobody records the trades on that market, so there is no source to cite: the figures that circulate are asking prices from single dealers and posts.
Why are there two rates?
When banks cannot supply all the dollars people want at the official rate, demand moves to a market outside them, where the price is whatever buyer and seller agree. The wider the shortage, the wider the gap between the two.
Why do the figures online differ?
Each is one dealer’s quote, in one city, at one hour, often for one size of note. Some are posted to move the market. None is a record of a completed trade.
What is the risk on the street?
Counterfeit notes, short counts, robbery after the exchange, and no receipt to complain with. A transfer to a stranger can simply never arrive.
What does the law say?
Buying and selling foreign currency is a licensed activity. Dealing with an unlicensed changer can break the exchange rules, and money lost that way cannot be claimed back through a bank or a regulator.
See the official rateGuide: the official and the parallel market
This page shows the official exchange rate of the US dollar in Nigerian naira for the most recent working day, as published by the Central Bank of Nigeria. The rate is the central bank's official figure of the day, published once on working days. It is not a live quote and it does not move while you read.
Reading the band at the top
The band at the top carries the essentials. The rate is the official dollar-to-naira figure for the day, [[AMT]]. The change shows how far it has moved since the previous rate, so you can see the direction and size of the shift at a glance. The time stamp tells you when the page was last updated with the published rate, dated .
What the converter and the table do
The converter turns any amount you enter into the other currency at the official rate, so you can check what a sum in dollars comes to in naira, or the reverse. The table of round amounts saves you the typing: it lists common figures in dollars with their naira equivalents at the same rate.
Why a bank or bureau gives a different amount
A bank or a bureau de change sets its own buying and selling rates and adds fees. The gap between those rates and the official figure is how they cover costs and margin, so the cash you receive will rarely match the official rate exactly.
Other sections
The rest of the page holds the list of other currencies, the history of past official rates, and the sources behind the figures. This is an automated converter: it publishes official rates and nothing more.
Sources
Every figure on this page points here by its number.
- 1Central bankCentral Bank of Nigeriacbn.gov.ngofficial rates, once a working day
- 2ReferenceFrankfurter, reference rates of central banks (ECB-based)frankfurter.devCAD and AUD per dollar, for the rows worked out through the dollar
- 3WidgetTradingViewtradingview.comthe live widget only; never a printed figure