USD/NGN

1 USD is about ₦1,372.58. This is Monierate's composite rate, averaged across the 46 providers we track for this pair.

At the current composite rate, 100 USD is worth about ₦137,258.26. The table above lists the common amounts, in both directions.

₦1,399.48. The low over the same window was ₦1,365.56, with an average of ₦1,378.72.

Each provider sets its own buy and sell price and adds its own margin, and they source US Dollar on different terms. That is why the same USD can be worth noticeably more or less in Nigerian Naira depending on where you trade it.

Continuously. Monierate polls the providers we track through the day, and seals each day into an open, high, low and close that you can see in the history table above.

It can be either. Some providers quote physical or bank-held US Dollars, while others settle in digital dollars — stablecoins such as USDT or USDC — and quote that as a USD rate. Monierate lists both under USD/NGN, so check which one the provider actually holds before you trade. Providers may charge additional swap, network or transfer fees in their own app or API that are not included in the rate shown, so these figures are for information purposes only.

It changes from day to day, which is the reason to compare rather than assume. Monierate's USD/NGN insight page breaks the pair down by provider, with each one's buy and sell rate and the spread between them, so you can see who is actually cheapest right now.