1.0000 NGN = 0.0006262 USD September 1, 2024 11:00 AM UTC
Check the latest currency exchange rates for the Nigerian Naira, US Dollar and all major world currencies. Our currency converter is simple to use and also shows the latest currency rates.
Live NGN to USD Currency Converter
▼
▼
1Nigerian Naira=0.0006262US Dollars
1 NGN = 0.0006262 USD1 USD = 1,596.87 NGN
Last update 2024-9-1 11:00 AM UTC
InvertNigerian Naira to US Dollar Conversion Chart
- 1M
- 3M
- 6M
- 1Y
- 3Y
- 5Y
This chart shows data from 2023-8-31 to 2024-8-30. The average exchange rate over this period was 0.0009238 US Dollars per Nigerian Naira.
What was the highest NGN to USD exchange rate in the lastyear?
The high point for the NGN/USD ratewas 0.001342 US Dollars per Nigerian Naira on September 12, 2023.
What was the lowest NGN to USD exchange rate in the lastyear?
The low point was 0.0006062 US Dollars per Nigerian Naira on August 1, 2024.
Is NGN up or down compared to USD in the lastyear?
The NGN/USD rate is down -51.22%. This means the Nigerian Naira has decreased in value compared to the US Dollar.
View History Table
1 NGN to USD Exchange Rates
| Last 30 Days | Last 90 Days | |
|---|---|---|
| High | $0.0006413 | $0.0006845 |
| Low | $0.0006062 | $0.0006062 |
| Avg | $0.0006290 | $0.0006451 |
| Volatility | +2.84% | -7.19% |
In the past 30 days, the NGN to USD exchange rate reached a high of 0.0006413 and a low of 0.0006062, with an average rate of 0.0006290. The overall change in this period was +2.84%. Over the last 90 days, the NGN to USD exchange rate peaked at 0.0006845 and dipped to a low of 0.0006062, averaging 0.0006451. The total change for this period was -7.19%. | ||
| Download History | ||
Conversion Rates Nigerian Naira/US Dollar
| Nigerian Naira | US Dollar |
| 1,000 NGN | 0.6262 USD |
| 5,000 NGN | 3.1311 USD |
| 10,000 NGN | 6.2623 USD |
| 15,000 NGN | 9.3934 USD |
| 20,000 NGN | 12.525 USD |
| 25,000 NGN | 15.656 USD |
| 50,000 NGN | 31.311 USD |
| 100,000 NGN | 62.623 USD |
| 500,000 NGN | 313.11 USD |
| 1,000,000 NGN | 626.23 USD |
| 2,500,000 NGN | 1,565.56 USD |
| 5,000,000 NGN | 3,131.13 USD |
| 10,000,000 NGN | 6,262.25 USD |
| 25,000,000 NGN | 15,656 USD |
| 50,000,000 NGN | 31,311 USD |
| 100,000,000 NGN | 62,623 USD |
Conversion Rates US Dollar/Nigerian Naira
| US Dollar | Nigerian Naira |
| 1 USD | 1,596.87 NGN |
| 5 USD | 7,984.35 NGN |
| 10 USD | 15,969 NGN |
| 15 USD | 23,953 NGN |
| 20 USD | 31,937 NGN |
| 25 USD | 39,922 NGN |
| 50 USD | 79,844 NGN |
| 100 USD | 159,687 NGN |
| 500 USD | 798,435 NGN |
| 1,000 USD | 1,596,870 NGN |
| 2,500 USD | 3,992,175 NGN |
| 5,000 USD | 7,984,351 NGN |
| 10,000 USD | 15,968,701 NGN |
| 25,000 USD | 39,921,753 NGN |
| 50,000 USD | 79,843,505 NGN |
| 100,000 USD | 159,687,011 NGN |
Nigerian Naira to US Dollar Rates by Year
To view rates between the Nigerian Naira and the US Dollar for a particular year, click on one of the links below.
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
Popular NGN Conversions
NGN to AED
NGN to AUD
NGN to BRL
NGN to CAD
NGN to CHF
NGN to CNY
NGN to CZK
NGN to DKK
NGN to EUR
NGN to GBP
NGN to HKD
NGN to HUF
NGN to IDR
NGN to ILS
NGN to INR
NGN to JPY
NGN to KRW
NGN to MXN
NGN to NOK
NGN to NZD
NGN to PLN
NGN to SAR
NGN to SEK
NGN to SGD
NGN to THB
NGN to TRY
NGN to TWD
NGN to USD
How to Convert Nigerian Nairas to US Dollars?
You can convert Nigerian Nairas to US Dollars using the exchange-rates.org currency converter in just one easy step: Enter the amount of NGN you want to convert to USD in the box labeled "Amount".
That's it! You’ll now see the value of the converted currency according to the most recent exchange rate.
Frequently Asked Question about NGN to USD
How much is 1 Nigerian Naira in US Dollars?
1 Nigerian Naira = 0.0006262 US Dollars as of September 1, 2024 11:00 AM UTC.You can get live exchange rates between Nigerian Nairas and US Dollars using exchange-rates.org,which aggregates real-time forex data from the most authoritative sources.
How much is 100 Nigerian Nairas in US Dollars?
As of September 1, 2024 11:00 AM UTC, 100 Nigerian Nairas is equivalent to 0.06262 US Dollars. The exchange rate at this time is 0.0006262 US Dollars per Nigerian Naira.
What was the highest NGN to USD exchange rate in the last 10 years?
In the last 10 years, the highest rate from Nigerian Nairas to US Dollars was on January 8, 2015 when each Nigerian Naira was worth 0.005556 US Dollars.
When is the best time to convert NGN to USD?
The NGN and USD can be traded 24x5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York. Exchange rates can fluctuate by the minute while markets are open. However, the period between 3-4 PM GMT is often a good time to convert Nigerian Nairas to US Dollars because currency market liquidity and trading volume tend to be the highest during this time. Additionally, it's advisable to convert Nigerian Nairas to US Dollars early in the week if you need USD urgently. Executing a trade late in the week might result in a delayed settlement until the following week, as forex markets are closed on weekends.
Which is stronger, the Nigerian Naira or the US Dollar?
The US Dollar is currently stronger than the Nigerian Naira, as 1 USD is equal to 1,596.87 NGN.Conversely, 1 NGN is worth 0.0006262 USD.
Is the Nigerian Naira up or down against the US Dollar?
The Nigerian Nairahas decreased -43.70%year-to-date against the US Dollar.Over the past 10 years, the Nigerian Nairahas declined -88.54%against the US Dollar.Consequently, the Nigerian Naira haslostpurchasing power compared to the US Dollar over the lastdecade.
What's the bestNGN toUSD exchange rate today?
As of September 1, 2024 11:00 AM UTC, the best NGN to USD exchange rate is 0.0006262 USD. This means that for every Nigerian Naira you exchange, you will receive 0.0006262 US Dollars.
Why Trust Us?
Exchange-rates.org has been a leading provider of currency, cryptocurrency and precious metal prices for nearly 20 years. Our information is trusted by millions of users across the globe each month . We have been featured in some of the most prestigious financial publications in the world including Business Insider, Investopedia, Washington Post, and CoinDesk.
We partner with leading data providers to bring you the latest and most accurate prices for all major currencies, cryptocurrencies and precious metals. The currency, cryptocurrency and precious metals prices displayed on our site are aggregated from millions of data points and pass through proprietary algorithms in order to deliver timely and accurate prices to our users.
Used and trusted by millions
of people.
Featured in reputable financial publications like Business Insider, Investopedia and Coindesk
Popular Conversions
20000 Yen to USD
400 Pesos to US Dollars
100 Million Won to USD
1500 Euros to US Dollars
3000 CAD to USD
600 Pesos to US Dollars
50 Million Won to USD
2000 Yen to USD
300 US Dollars to Pesos
1200 Euros to US Dollars
