Live mid-market (interbank) exchange rates for the US dollar, pound, euro and more to the Nigerian naira today on Monierate.
As of 21 July 2026, the mid-market exchange rate for the US Dollar (USD) to the Nigerian naira (NGN) is ₦1,380.86. The rate has held steady over the past 24 hours.
Elsewhere, the British Pound Sterling (GBP) at ₦1,854.51, the Euro (EUR) at ₦1,577.61 (gained 0.08%) and the Canadian Dollar (CAD) at ₦982.19 (eased 0.06%).
Monierate tracks 13 Global Market currency rates against the naira, refreshed as new data comes in.
Auto-generated from Monierate rate data.
The global or mid-market rate is the midpoint between the buy and sell prices on the global currency markets (the interbank rate). It is the “real” exchange rate often quoted by Google and currency converters, before any dealer margin is added.
The table above shows the mid-market rate for the US dollar (USD), British pound (GBP), euro (EUR) and other major currencies against the Nigerian naira (NGN) as of 21 July 2026.
The mid-market rate is the midpoint between the buy and sell prices for a currency on the global market. It is the rate banks use to trade with each other and is considered the fairest exchange rate.
The mid-market rate is the global interbank rate, while the black market rate is the local parallel-market rate set by dealers in Nigeria, which usually carries a premium.