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Convert 1 US Dollar (USD) to Nigerian Naira (NGN)

Exchange rates used for currency conversion updated on May 21st 2024 ( 05/21/2024 )

Below you will find the latest exchange rates for exchanging US Dollar (USD) to Nigerian Naira (NGN) , a table containing most common conversions and a chart with the pair's evolution. The US Dollar (USD) to Nigerian Naira (NGN) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.

If you need to SWAP these currencies go to Nigerian Naira (NGN) to US Dollar (USD) page.

1 USD = 1532.428 NGN

The currency exchange rate, calculated between US Dollar and Nigerian Naira on 05/21/2024 is 1 USD = 1532.428 NGN - AVERAGE intraday quotes were used for this currency conversion.

Convert 1 USD / 1 NGN to major currencies

USD to NGN Exchange Rate History Chart

Last 7 days History

2024-05-21 1 USD = 0.00065 NGN
2024-05-20 1 USD = 0.00067 NGN
2024-05-19 1 USD = 0.00068 NGN
2024-05-18 1 USD = 0.00068 NGN
2024-05-17 1 USD = 0.00066 NGN
2024-05-16 1 USD = 0.00065 NGN
2024-05-15 1 USD = 0.00066 NGN
One year History

About US Dollar (USD)

The privately owned and government sanctioned United States Federal Reserve Bank manages the monetary policy for the United States dollar (USD). The USD is the the worlds most widely held reserve currency and the most traded currency in world currency trading markets. The USD is official currency in 14 countries and the unofficial or de facto currency in 37 others. The US dollar is the second largest currency in circulation having been surpassed by the euro. The USD is a floating fiat currency.

About Nigerian Naira (NGN)

Nigeria is a country in Africa that borders the Gulf of Guinea on the Atlantic Ocean. The naira is the official currency of the country and is divided into 100 kobo. Denominations of the naira include N5, N10, N20, N50, N100, N200 and N500. Most banks do not offer currency exchange so visitors must find moneychangers in order to convert foreign currency into naira.

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