US Dollar to Nigerian Naira β€” exchange rate

You will find a currency converter from the USD to the NGN on this page. It is possible to convert any amount from US Dollar to Nigerian Naira ($ to ₦) using Myfin currency converter at the live rates of 2021-08-02.

Amount
From
USDUS Dollar
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To
NGNNigerian Naira
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1 USD = 411.512NGN

To calculate the values for foreign currency conversions, we use the market exchange rates of 159 currencies of the world.

USDUS Dollar
  • Country of Circulation: United States, British Virgin Islands, Ecuador, Panama and others
  • Currency Code, Symbol: USD, $
  • Denominations of coins in circulation: 1Β’, 5Β’, 10Β’, 25Β’
  • Denominations of banknotes in circulation: $1, $2, $5, $10, $20, $50, $100
  • History:

    The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.

    The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.

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NGNNigerian Naira
  • Country of Circulation: Nigeria
  • Currency Code, Symbol: NGN, ₦
  • Denominations of coins in circulation: 50 kobo, ₦1, ₦2
  • Denominations of banknotes in circulation: ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000
  • History:

    The Nigerian naira (₦) is the national currency of Nigeria, a state located in Africa. The currency does not circulate in other countries. In international currency exchange, it is usually abbreviated to NGN.

    The Nigerian naira can be subdivided into kobo. Every NGN has 100 kobo. The currency has first been issued in 1973, replacing the Nigerian pound. In 2014, the Treasury of Nigeria issued a series of commemorative banknotes worth 100 naira. The notes have a new design, an additional level of protection, and a code that refers you to a site with the history of the country.

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Historical data of the 1 US Dollar to the Nigerian Naira exchange rate

Date
USD
NGN
Change
Monday 02.08.2021
1 USD
411.512 NGN
-1.0981
Sunday 01.08.2021
1 USD
412.61 NGN
1.1399
Saturday 31.07.2021
1 USD
411.47 NGN
-
Friday 30.07.2021
1 USD
411.47 NGN
-
Friday 30.07.2021
1 USD
411.47 NGN
0.2304
Thursday 29.07.2021
1 USD
411.24 NGN
1.1298
Wednesday 28.07.2021
1 USD
410.11 NGN
-

FAQ

  • USD/NGN – US Dollar to Nigerian Naira conversion

    Our USD/NGN currency converter allows instant conversion by live rates. Current value of 1 USD equals 411.5122 NGN.
  • US Dollar to Nigerian Naira conversion

    We use quotation information as of 2021-08-02 01:42 PM ET to calculate the conversion rate of two currencies. Specified values are considered average but can match the rates of specific financial organizations. To get a result, you only need to:
    • indicate an amount of money to convert in the window with US Dollars;
    • wait for automatic USD to NGN conversion.
    With the help of this tool, you can convert any amount of US Dollars into Nigerian Nairas in a few seconds.
  • How has the dynamic of USD to NGN rate changed in the last week

    Here you can also find a chart with the US Dollar rate fluctuations since 2015. In the last week, the pound to dollar conversion rate has changed by 1.402 NGN or +0.3407%.
  • The dynamic of USD to NGN rate over the last month

    The monthly data of USD to NGN conversion rate dynamic helps to understand market trends better. USD has moved by -0.121% or -0.498 NGN.