USD to NGN Forecast 2025 and Exchange Rate Today

What is the US Dollar worth against the Nigerian Naira today?

1 USD is worth 1,520.0900 NGN today

How much is 1,000 USD worth in NGN?

At the current exchange rate of 1,520.0900 , a sum of 1,000 US Dollar is worth 1,520,090.0000 Nigerian Naira.

Which currency is stronger? USD or NGN?

The US Dollar is currently stronger than the Nigerian Naira given that 1 USD is equal to 1,520.0900 NGN. Conversely, 1 NGN is worth 0.0007 USD.

Overview of USD to NGN Performance and Trends

Today, to buy 1,000 US Dollar, you need 1,520,090.0000 Nigerian Naira. On the same date last year, you needed 1,520,090.0000 Nigerian Naira for 1,000 US Dollar. This change indicates that the US Dollar has become weaker against the Nigerian Naira by -1.71% over the past year.

The pair experienced moderate volatility of 5.34%.

Moderate volatility means there is a moderate risk of price changes. It represents a balance of potential gains and risks.

USD to NGN Currency Performance and Volatility

Last 7 days

• Performance: USD 1,000 varied between $1,516.5100 (Last 7 days low) and $1,531.5700 (Last 7 days high), a variance of $-.
• Volatility: Fluctuated by 0.29%.

Last 30 days

• Performance: USD 1,000 varied between $1,516.5100 (Last 30 days low) and $1,534.0380 (Last 30 days high), a variance of $-.
• Volatility: Fluctuated by 0.33%.

Last 90 days

• Performance: USD 1,000 varied between $1,516.5100 (Last 90 days low) and $1,606.3400 (Last 90 days high), a variance of $-.
• Volatility: Fluctuated by 1.74%.

Last year

• Performance: USD 1,000 varied between $1,138.1330 (Last year low) and $1,687.7840 (Last year high), a variance of $-.
• Volatility: Fluctuated by 5.34%.

USD to NGN Forecast and trending

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

Today's USD to NGN exchange rate 1,520.0900 is greater compared to yesterday's rate 1,516.5100.

Expert Tips for Exchanging US Dollar to Nigerian Naira

Whether you're planning a trip, making an international purchase, or sending money abroad, understanding how to exchange US Dollar for Nigerian Naira can help you save money and avoid common pitfalls. Here are some essential tips to help you get the most value when converting your funds.

Ways to Exchange USD to NGN: Online and In-Person

You can convert US Dollar to Nigerian Naira at banks, currency exchange counters, airports, or through digital platforms. In-person exchanges provide cash instantly, while online services are often used for international transfers or digital payments.

If you choose to exchange in person, follow these steps:

• Research and select a reputable exchange provider
• Bring your US Dollar in cash or from your account
• Request a quote and ask about all fees and commissions
• Complete the transaction and receive your Nigerian Naira

For online or app-based exchanges, the process is usually:

• Sign up with a trusted online currency service or app
• Choose the amount of US Dollar to convert or the amount of Nigerian Naira you want delivered
• Review the exchange rate and any service fees
• Select your payment method and confirm the transfer
• The recipient receives Nigerian Naira directly in their account

How to Find the Best USD/NGN Exchange Rate

Exchange rates can vary between banks, money changers, and online platforms. Compare rates and fees from several providers before making a decision. Use online tools to track the real-time USD/NGN rate and set up alerts for favorable changes.

Consider using a multi-currency account to hold both US Dollar and Nigerian Naira. This allows you to convert when rates are best, and avoid unnecessary conversions or poor rates from traditional banks.

Exchanging Nigerian Naira Back to US Dollar

If you need to convert Nigerian Naira back to US Dollar, the process is similar. Bring your Nigerian Naira to an exchange provider or use an online service. Be aware that buy-back rates may be less favorable, so try to minimize leftover foreign currency after your trip or transaction.

Digital services can often provide better rates and faster transfers than physical locations, especially for larger amounts or regular transactions.

Where Should You Exchange USD to NGN?

While airports and hotels offer convenience, their rates are usually less competitive. For better value, use local banks, specialist currency exchange offices, or reputable online platforms. Always check for hidden fees and compare the total cost, not just the headline rate.

For frequent travelers or international shoppers, a multi-currency account with a debit card can be a smart choice. It lets you hold, convert, and spend in multiple currencies at competitive rates, often with lower fees than traditional banks.