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Naira to dollar today

US dollar in Nigerian naira, at the official rate. The figure, its source and the date it applies to are given below.

Official rate, CBN

1NGN0.0007428USD

Weekend · Friday’s rate+0.00000107USD+0.14%against the rate of 05.11

The CBN does not publish at weekends or on public holidays. This is the last rate; the next one comes on the next working day.

The other way1USD1,346.29NGN
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.

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.

1,000 USD in naira

1,346,294.50NGN

The other way:1,000 NGN0.7428USD

At the CBN official rate, . How the rate is set

At a bank or a bureau you will get a different amount: it changes at its own buying and selling rates, not at this one, and may charge a fee.

Before you change money

Ask for the rate and the fee in writing and compare what you would get with this answer. The difference is what the exchange costs you.

Round amounts

At the official rate of CBN. Each amount has its own page where there is one.

USD → NGN · Rate
AmountIn NGN
1 USD1,346.29
5 USD6,731.47
10 USD13,462.95
20 USD26,925.89
50 USD67,314.73
100 USD134,629.45
200 USD269,258.90
300 USD403,888.35
500 USD673,147.25
1,000 USD1,346,294.50
2,000 USD2,692,589.00
5,000 USD6,731,472.50
10,000 USD13,462,945.00
NGN → USD · Rate
AmountIn USD
1,000 NGN0.7428
5,000 NGN3.71
10,000 NGN7.43
50,000 NGN37.14
100,000 NGN74.28
500,000 NGN371.39
1,000,000 NGN742.78
5,000,000 NGN3,713.90

Most currency pages show how much local money a single US dollar buys. This page works the other way round: it shows how many US dollars a single Nigerian naira is worth at the official rate of .

Who needs the reverse direction

You need this figure when you are selling naira rather than buying it. Typical cases are paying a foreign bill from local money, sending money abroad, or pricing something in dollars when your cash is in naira.

Why the figure is a small decimal

A single naira buys only a fraction of a dollar, so the rate appears as a decimal with several places. That is normal, not an error. Multiply it by the amount you hold to get the dollar value.

Using the table

Sources

Every figure on this page points here by its number.

  1. 1Central bankCentral Bank of Nigeriacbn.gov.ngofficial rates, once a working day
  2. 2ReferenceFrankfurter, reference rates of central banks (ECB-based)frankfurter.devCAD and AUD per dollar, for the rows worked out through the dollar
  3. 3WidgetTradingViewtradingview.comthe live widget only; never a printed figure