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600 US dollar to Nigerian naira Exchange Rate History - XTransfer

600 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 2026-04-08, making it easy to look up and reference.

Amount
Result

1 USD = 1373.1 NGN

13:29 Exchange Rate

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1 US dollar to Nigerian naira Historical Exchange Rate Trends

1 USD = -- NGN

13:29 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
1373.1
1399.97
1399.97
1480.58
Low
1373.1
1373.1
1355.81
1333.28
Average
1373.1
1391.01
1386.98
1409.78

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
2026-04-08
1373.1
USDUSDNGNNGN
2026-04-07
1388.03
USDUSDNGNNGN
2026-04-06
1393
USDUSDNGNNGN
2026-04-05
1393
USDUSDNGNNGN
2026-04-04
1393
USDUSDNGNNGN
2026-04-03
1378.08
USDUSDNGNNGN
2026-04-02
1383.05

NGN to USD - Last 7 Days

NGNNGNUSDUSD
2026-04-08
0
NGNNGNUSDUSD
2026-04-07
0
NGNNGNUSDUSD
2026-04-06
0
NGNNGNUSDUSD
2026-04-05
0
NGNNGNUSDUSD
2026-04-04
0
NGNNGNUSDUSD
2026-04-03
0
NGNNGNUSDUSD
2026-04-02
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

Based on the historical patterns of US dollar to Nigerian naira, is now a good time to exchange?

To judge the timing for exchanging US dollar to Nigerian naira, one must compare current rates with the average over the past year or even five years. If the current US dollar rate is well above the historical average, it usually means USD is in a strong period, making it a good window for settlement into NGN. Conversely, if US dollar is at a historical low, it is recommended for exporters to hold USD in batches and avoid the troughs to minimize losses when converting to NGN.

What are the main reasons affecting the historical volatility of USD to NGN recently?

The core factor affecting the historical volatility of US dollar to Nigerian naira recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of USD tends to increase, leading to a significant rise in its historical exchange rate against NGN. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for USD, thereby intensifying the frequency of two-way volatility between US dollar and Nigerian naira.

Has USD experienced a sharp plunge against NGN before? How can I protect myself?

Historically, US dollar against Nigerian naira has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against US dollar exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of USD to NGN within an acceptable trade cost range.

Is the current exchange rate of US dollar to Nigerian naira considered a historical high or low?

To evaluate the current level of USD to NGN, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if US dollar is approaching a historical resistance level. If the current USD price has broken through highs from years ago, it indicates that USD is at an extreme high; exchanging US dollar to Nigerian naira now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for US dollar to Nigerian naira?

AI predictions for USD to NGN are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of USD through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for US dollar to Nigerian naira should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
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.