US Dollar ($) to Nigerian Naira (₦) Conversion

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From
Result
ƒ
Live
Exchange Rate - Base Currency ( USD )
CurrencyAmountVariation (%)
USD
1-
NGN
1,372.3914
+0.3537%
EUR
0.8532
+0.2133%
GBP
0.7388
+0.1659%
JPY
157.8876
+0.2241%
CAD
1.3698
-0.0358%
BRL
4.9061
+0.1576%
CNY
6.7918
-0.0391%
AUD
1.3831
-0.0887%
CHF
0.7822
+0.1794%

Updated: May 13, 2026

US Dollar

The US Dollar (USD) is the world's primary reserve currency, involved in approximately 88% of all foreign exchange transactions globally. Established by the Coinage Act of 1792, the dollar transitioned to a pure fiat currency in 1971 when President Nixon ended its convertibility to gold — the collapse of the Bretton Woods system that had pegged all major currencies to the USD at fixed rates since 1944. Today the dollar serves as the global pricing currency for commodities including oil, gold, and most internationally traded goods.

Nigerian Naira

The Nigerian Naira (NGN) is the official currency of Nigeria, Africa's most populous country and largest economy by nominal GDP. Managed by the Central Bank of Nigeria, the naira has experienced significant depreciation in recent years following the unification of multiple exchange rate windows in 2023. Nigeria is a major oil producer and OPEC member, making the naira heavily exposed to global oil price volatility. The naira symbol (₦) was designed by Alhaji Abubakar Usman and adopted when the naira replaced the pound in 1973.

Frequently Asked Questions (FAQ)

How many Nigerian Naira are in 1 US Dollar?

1 US Dollar ($) is exactly 1 Nigerian Naira (₦).

How do I convert US Dollar to Nigerian Naira?

Multiply the value in US Dollar by 1 to get the result in Nigerian Naira. Or use the converter above — type any number and see the result instantly.

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