US Dollar to Nigerian Naira Exchange Rate History

Today, 1 USD dey equal 1,374.075 NGN for CrossPay live mid-market reference rate. We dey add only transparent 0.5% spread, so di rate wey you dey see dey close to di real interbank rate — e better pass wetin banks or bureau de change dey charge. Di rate dey update throughout di day.

1 USD dey worth 1,374.075 NGN now-now for CrossPay live mid-market rate. With our transparent 0.5% spread and no hidden fee, na di real rate — no be inflated black-market or bank price.

The black market (aboki) or parallel rate na the informal street price wey dem dey set outside the official banking system — e no be regulated or guaranteed. Since the 2023 naira float, e don stay around 1-2% of the official rate, so the regulated USD to NGN rate wey dey show for up there now dey compete with the street — and, unlike street deal, e lock, e get license and dem fit trace am fully.

Most USD to NGN transfers dey arrive within minutes to 1 business day. Speed depend on payment method and banking hours.

About 6% all-in for USD to NGN transfers — na our 0.1% platform fee, di payment provider cost and dis corridor exchange-rate spread together. Di calculator for dis page dey show di exact figure for your amount before you send.

The minimum transfer na $5 and the maximum na $250,000 per transaction. Higher limits dey available for KYC-approved users.