Nigeria: Dollar exchange rate
(measure: local currency units per dollar; source: The International Monetary Fund)
* indicates monthly or quarterly data series
Nigeria: Exchange rate: local currency units per U.S. dollar: For that indicator, The International Monetary Fund provides data for Nigeria from 1960 to 2017. The average value for Nigeria during that period was 52.98 local currency units per dollar with a minumum of 0.55 local currency units per dollar in 1980 and a maximum of 305.79 local currency units per dollar in 2017. See the global rankings for that indicator or use the country comparator to compare trends over time.
Definition: Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).