Nigeria: USD exchange rate

* indicates monthly or quarterly data series
The currency chart for Nigeria shows historical data for the Nigerian Nairas per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Nigerian Nairas per USD. Depreciation implies that goods from Nigeria become cheaper to export and it becomes cheaper for foreigners to visit Nigeria.

The series for Nigeria are available from September 2004 to June 2025. For that period, the average exchange rate for Nigeria was 340.7269 Nigerian Nairas per USD with a minimum of 116.8155 Nigerian Nairas per USD in March 2008 and a maximum of 1675.2532 Nigerian Nairas per USD in November 2024. The most recent available data point is 1553.0215 Nigerian Nairas per USD, a change of -2.85% from the previous data point of 1598.5066 Nigerian Nairas per USD and a change of 3.17% from a year ago when the level was 1505.3642 Nigerian Nairas per USD.

Currency values in Nigeria and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.
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* indicates monthly or quarterly data series

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  • Measure: Nigerian Nairas per USD
  • Source: Google Finance

Recent values Nigeria: USD Exchange rate
2025  Jun 1553.0215
2025  May 1598.5066
2025  Apr 1584.7448
2025  Mar 1530.9341
2025  Feb 1502.4907
2025  Jan 1547.1558
2024  Dec 1570.7568
2024  Nov 1675.2532


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Definition: The amount of local currency units that can be exchanged for one USD. An increase (decrease) means USD appreciation (depreciation). The values are monthly averages of the daily exchange rates provided by Google Finance.

 Related indicators Latest Reference Measure
 Inflation 24.7 2023 percent
 Exchange rate regimes 5 2022 index points
 USD exchange rate 1,553.0215 6/2025 Local Currency Units per USD
 Money supply (broad money) 108,945.39 9/2024 billion
 Consumer Price Index (CPI) 119.5200 4/2025 index points
 Inflation, monthly 1.86 4/2025 percent
 Inflation, annual 3.89 4/2025 percent
 Private sector credit 75,845.34 9/2024 billion
 Deposit interest rate 13.78 9/2024 percent
 Business credit interest rate 16.75 9/2024 percent
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