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US dollar to Nigerian naira Historical Exchange Rates

Welcome to the USD to NGN exchange rate history page. This page contains detailed daily historical exchange rates between USD and NGN from 2025-3-8 to 2025-12-04, making it easy to look up and reference.

Amount
Result

1 USD = 1459.83 NGN

17:30 Exchange Rate

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1 US dollar to Nigerian naira Historical Exchange Rate Trends

1 USD = -- NGN

17:30 Exchange Rate

USD - NGN+0%
7D
1M
3M
Invalid DateInvalid Date

1 US dollar to Nigerian naira Data Statistics

This section organizes the historical exchange rate data of 1 USD to NGN, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
1459.83
1472.26
1473.34
1522.72
Low
1459.83
1456.83
1455.18
1443.77
Average
1459.83
1463.32
1462.23
1480.04

Past 7 days historical exchange rates

Below are the daily average exchange rates of USD to NGN for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of NGN to USD, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

USD to NGN - Last 7 Days

USDUSDNGNNGN
2025-12-05
1459.83
USDUSDNGNNGN
2025-12-04
1468.32
USDUSDNGNNGN
2025-12-03
1457.68
USDUSDNGNNGN
2025-12-02
1465.33
USDUSDNGNNGN
2025-12-01
1462.63
USDUSDNGNNGN
2025-11-30
1462.63
USDUSDNGNNGN
2025-11-29
1462.63

NGN to USD - Last 7 Days

NGNNGNUSDUSD
2025-12-05
0
NGNNGNUSDUSD
2025-12-04
0
NGNNGNUSDUSD
2025-12-03
0
NGNNGNUSDUSD
2025-12-02
0
NGNNGNUSDUSD
2025-12-01
0
NGNNGNUSDUSD
2025-11-30
0
NGNNGNUSDUSD
2025-11-29
0

USDUSD - Dollar

The US dollar officially became the official currency of the United States in 1792, initially adopting the gold and silver standard. After World War II, the US dollar became the world's main reserve currency in the Bretton Woods system. In 1971, the United States abolished the peg of the US dollar to gold and switched to a floating exchange rate. Today, the US dollar is still the dominant currency in global trade, investment and financial markets, enjoying a high degree of international credit and widespread use.

  • Supporting unit:1 cent
  • Denomination of banknotes:$1, $5, $10, $20, $50, $100
  • Reserve currency:The US dollar is the world's primary reserve currency.
  • Banknote material:Made primarily of 75% cotton and 25% linen.
  • Metal composition:Alloys such as copper, nickel, and zinc
  • Currency symbol:$ or US$
  • Paper currency size:156mm × 66mm (All denominations have the same size)
  • language:en
  • Main unit:1 US dollar
  • ISO code:USD
  • Currency name:US dollar
  • Cents per dollar:100
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Federal Reserve System
  • Safe-haven currency:The US dollar is usually regarded as a safe-haven currency.
  • Coin denomination:1¢, 5¢, 10¢, 25¢, 50¢, $1
  • Countries of Use:The United States (including some overseas territories) and certain countries and regions that use the US dollar as their official or circulating currency.
  • Cross-border payment:The dollar cross-border payment network covers approximately 200 countries and regions worldwide.

NGNNGN - Nigerian Naira

The naira was introduced in 1973 as a replacement for the Nigerian pound. The NGN plays a central role in Africa's largest economy, supporting a diversified economy, particularly the oil and agriculture industries.

  • Supporting unit:1 Naira = 100 Kobo
  • Denomination of banknotes:5, 10, 20, 50, 100, 200, 500, 1000 Naira
  • Reserve currency:No, the primary reserves consist of foreign currencies such as USD, EUR, and RMB.
  • Banknote material:Most are paper-based, while some small denominations are made of polymer.
  • Metal composition:Nickel-plated steel core, copper alloy, aluminum alloy, etc.
  • Currency symbol:
  • Paper currency size:For example, 1000 Naira is approximately 151mm × 78mm.
  • language:en
  • Main unit:Naira
  • ISO code:NGN
  • Currency name:Nigerian Naira
  • Exchange Rate System:Regulated floating exchange rate system
  • Central Bank:Central Bank of Nigeria
  • Safe-haven currency:No, there are significant fluctuations in exchange rates and strong capital controls.
  • Coin denomination:50 Cobos, 1, 2 Naira (seldom used).
  • Countries of Use:Nigeria is the only country where it is used officially.
  • Cross-border payment:Naira is not freely convertible in the international market and is primarily settled through the SWIFT network and banking intermediaries. Cross-border payments often use the US dollar or euro as intermediary currencies, which limits efficiency.

FAQ

What is the relationship between US dollar to Nigerian naira exchange rate and remittance?

The actual amount received during remittance is directly affected by the USD to NGN exchange rate. Differences in rates offered by banks or platforms may lead to significant differences in the final amount. It’s recommended to compare real-time rates and fees from several providers before making a decision.

What exchange rate indicators should be prioritized when making cross-border payments or settlements?

When conducting cross-border transactions, pay attention to real-time rates, the bid-ask spread, settlement fees, etc. Especially for large payments, even small differences in the USD to NGN exchange rate can result in substantial changes in actual amounts.

Why are the US dollar to Nigerian naira exchange rates so different across platforms?

Different banks or payment platforms use various pricing mechanisms. Some use mid-market rates; others add wider spreads, fees, and settlement times.tCauses you to see USD to NGN on Platform A as 7.10, while Platform B shows 7.02. Such differences can be significant for large transactions.

Is it necessary to check the historical trend of US dollar to Nigerian naira exchange rates before remittance?

be necessary. By examining the recent fluctuations in the exchange rate between USD and NGN, you can determine whether the current exchange rate is high or low, helping you decide whether to immediately remit, lock up the exchange, or delay the transaction to obtain a better price.

How to judge the trend of US dollar to Nigerian naira based on historical exchange rates?

Look at the charts of USD to NGN over the past few months. If the trend is upward, it means USD is appreciating and exchanging to NGN is more cost-effective; if downward, you may want to act quickly to exchange at a better rate.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.