110Nigerian naira to US dollar exchange rate

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NGN to USD

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1 NGN = 0.00067451 USD

12:31 Exchange Rate

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NGN to USD AI Predictive Analysis

XTransfer is the first platform for B2B foreign trade finance in China. It provides safe, convenient and low-cost international collection solutions for small, medium and micro enterprises, with 0 account opening fee and 0 handling fee. New users can receive up to 200000 RMB free foreign exchange settlement quota for registration. At present, the NGN/USD market is slightly volatile. Traders are concerned about Nigeria's economic policy and the global dollar trend. AI forecasts can help users grasp the trend.

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As of September 16, 2025

analysis of influencing factors:	Fed policy, inflation data
potential resistance level:	0.000670
Operational recommendations:	Stay on the sidelines and consider building positions in batches near the support level.
Forecast Time Range:	Next 1-2 weeks
Market sentiment:	Cautiously optimistic
Brief Technical Review:	The exchange rate is in a volatile range and may continue to be sideways in the short term.
Recent volatility:	0.000015
AI confidence index:	Medium
Potential support level:	0.000655
trend prediction:	Next 1-2 weeks

AI analysis is for reference only. Please judge based on actual conditions.

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AI-integrated, for reference only

1 USD to CNY Historical Exchange Rate Trends

1 USD = -- CNY

03:55 Exchange Rate

USD - CNY+0%

History

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Nigerian naira Exchange Rate Conversion Table

NGN	USD	CNY

1 NGN	0.00067116	0.0047222
10 NGN	0.0067116	0.047222
25 NGN	0.016779	0.118055
50 NGN	0.033558	0.23611
100 NGN	0.067116	0.47222
500 NGN	0.33558	2.3611
1000 NGN	0.67116	4.7222
5000 NGN	3.3558	23.611
10000 NGN	6.7116	47.222

NGN - 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.

USD - 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.

NGN

The Nigerian Naira (NGN) stands as the official currency of Nigeria, playing a vital role in the nation’s financial ecosystem. In 2025, the naira’s significance grows as it navigates economic challenges and opportunities. You’ll notice its exchange rate against the US Dollar at ₦1,610.13, reflecting a 13.43% rise over the past year. Despite this improvement, Nigeria’s inflation rate of 24.23% highlights ongoing pressures that impact purchasing power. The NGN currency also influences global trade...

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USD

The United States Dollar, commonly referred to as the USD, is the official currency of the United States and plays a pivotal role in the global economy. Introduce USD currency as a key player in international trade and finance, where it accounted for nearly 48% of all SWIFT payments by mid-2024. Furthermore, the USD serves as a crucial global reserve currency, comprising 58.36% of official foreign exchange reserves by late 2022. Its dominance is further highlighted by its involvement in nearly 9...

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FAQ

How to exchange Nigerian naira to US dollar at the best exchange rate?

To exchange one currency for another, simply input your amount into our user-friendly currency converter. It does the math using the latest exchange rates. For example, if 1 US dollar could be exchanged for 2 euros, that's the rate it'll use to convert your dollars to euros and vise versa.After you select NGN and USD in the exchange box and enter an amount, the Nigerian naira to US dollar exchange rate will automatically appear for your reference.

Where can I find today’s 110 Nigerian naira to US dollar exchange rate?

With our convenient tool, you can not only quickly check today’s latest exchange rate for 110 Nigerian naira to US dollar, but also easily view detailed historical trends along with AI analysis and forecasts. By keeping track of both real-time and past exchange rate information, you can plan the timing of your international payments, lock in favorable conversion opportunities, and secure the best 110 Nigerian naira to US dollar rate. This helps you reduce cross-border remittance costs, optimize cash flow and usage efficiency, and make every international transaction more secure, transparent, and efficient.

Why do currency exchange rates fluctuate?

Currency exchange rates fluctuate mainly due to a combination of factors, including global economic activity, market sentiment, interest rate changes, inflation, trade imbalances, and central bank monetary policies. For example, when a country has a strong economy and rising interest rates, it may attract more foreign capital, pushing up the value of its currency. Conversely, political instability or economic slowdown may lead to currency depreciation. Changes in market expectations and speculative activities can also intensify short-term exchange rate fluctuations.

Is the AI’s prediction of the Nigerian naira to US dollar exchange rate accurate?

The AI’s prediction of the Nigerian naira to US dollar exchange rate is not 100% accurate, but it is based on multiple dimensions of analysis, including historical data, real-time market trends, economic indicators, and geopolitical factors, making it more comprehensive than relying solely on human judgment. Our AI model can process massive amounts of data quickly and continuously update NGN to USD predictions, providing you with real-time trend references. However, since the foreign exchange market can be affected by unexpected events and policy changes, it is recommended to use AI predictions as a supplementary reference in combination with your financial planning and real-time market information to improve the scientific basis and success rate of your exchange decisions.

How to use the online currency converter to search for 110Nigerian naira to US dollar?

Users simply enter the amount (e.g., 110) into the online currency converter, then select the source currency (NGN) and target currency (USD) from the dropdown menus. No need to click anything else — the system will automatically calculate and display the real-time exchange rate result for 110Nigerian naira to US dollar. It also provides AI-based analysis, historical rate trends, and exchange rate comparisons from different data sources to help users better understand the conversion and make informed decisions.

How to conveniently make international cross-border payments?

You can make convenient cross-border payments via international wire transfer. Before sending cross-border remittances, you may need to check the bank’s Swift code, which can be done using the Swift code lookup tool on the official website. Currently, you can also make cross-border payments through XTransfer, where we offer more convenient and secure international cross-border payment services, especially when transferring funds to companies in China.

Is it really safe to send money online via XTransfer?

XTransfer is absolutely secure. Your funds are protected by our top-level security measures to ensure every transaction is safeguarded. If there is a delay, we will refund the service fee to compensate your loss.

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.