Currency
Convert NGN to USD
Nigerian Naira to US Dollar at the live mid-market rate.
0.000743 USD
1 NGN = 0.000743 USD · 1 USD = 1,345.62 NGN
Banks and transfer apps rarely give the mid-market rate — tap a typical margin to see the real cost of the markup.
NGN to USD — common amounts
| NGN | USD |
|---|---|
| 1 NGN | 0.000743 USD |
| 5 NGN | 0.003716 USD |
| 10 NGN | 0.007432 USD |
| 25 NGN | 0.018579 USD |
| 50 NGN | 0.037158 USD |
| 100 NGN | 0.074315 USD |
| 500 NGN | 0.371575 USD |
| 1,000 NGN | 0.74315 USD |
| 5,000 NGN | 3.7158 USD |
Mid-market reference rate, updated 2026-08-27. For information only, not financial advice — the rate a bank or app gives you may differ.
About converting NGN to USD
This page shows the live mid-market exchange rate between the Nigerian Naira (NGN) and the US Dollar (USD). This rate floats, so it can move from day to day with interest rates, inflation, and market sentiment — which is why we refresh it hourly.
Need a different pair or crypto? Use the full currency converter, or convert the other way with USD to NGN.
About the Nigerian Naira (NGN)
Nigeria ran parallel official and black-market rates for years until the naira was floated in June 2023 — the currency then repriced sharply, and NGN remains among the most volatile currencies we track.
Nigeria is Africa's largest remittance market, and its tech-savvy population is a heavy user of stablecoins and crypto for cross-border value transfer — one reason the naira's true street rate has always mattered more than official quotes.
Issued by the Central Bank of Nigeria. The naira was floated in mid-2023 when Nigeria unified its multiple exchange-rate windows.
Popular conversions
Frequently asked questions
How much is 1 NGN in USD?+
Right now, 1 NGN is about 0.000743 USD at the mid-market rate. The figure refreshes roughly hourly.
Is this the NGN to USD rate I'll actually get?+
This is the mid-market (interbank) rate — the fair midpoint. Banks and transfer apps add a margin on top, so you receive a little less. Major corridors: US → Nigeria, UK → Nigeria, plus intra-African trade settlement. Use the mid-market figure as your benchmark when comparing providers.
What moves the NGN/USD rate?+
The Nigerian Naira is issued by the Central Bank of Nigeria. The naira was floated in mid-2023 when Nigeria unified its multiple exchange-rate windows. Our figures refresh roughly hourly from European Central Bank reference data and other public sources.