Dollar to naira in
Monthly averages of the daily rates; open a month for its days.
- Average, January–December
- 1,517.87 NGN
- Highest month
- 1,594.70 NGN
- Lowest month
- 1,443.35 NGN
Shape of the year, one point per rate
| Month | Average | Low | High | Change | Trend |
|---|---|---|---|---|---|
| January | 1,535.44 | 1,477.72 | 1,551.42 | — | |
| February | 1,500.47 | 1,488.49 | 1,508.54 | −34.97 | |
| March | 1,525.87 | 1,491.17 | 1,547.32 | +25.40 | |
| April | 1,594.55 | 1,530.75 | 1,629.44 | +68.68 | |
| May | 1,594.70 | 1,578.91 | 1,609.14 | +0.15 | |
| June | 1,549.29 | 1,529.21 | 1,581.09 | −45.41 | |
| July | 1,529.85 | 1,518.39 | 1,535.12 | −19.45 | |
| August | 1,534.25 | 1,531.07 | 1,537.12 | +4.40 | |
| September | 1,497.29 | 1,474.85 | 1,525.59 | −36.96 | |
| October | 1,459.04 | 1,421.23 | 1,474.85 | −38.25 | |
| November | 1,443.35 | 1,433.16 | 1,456.22 | −15.69 | |
| December | 1,450.35 | 1,435.26 | 1,464.00 | +7.00 |
Monthly averages smooth out the daily noise, so a single figure can hide sharp moves within the month. A low month and a high month often differ because demand for dollars shifts around salary payments, imports or fuel costs. The average also depends on how many days the month contains: the first or current month may hold fewer days, so its average rests on a thinner base. Read the official rate published on working days and compare months with care.
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