Historical data for this pair isn't available on XE7 yet, so only today's rate is shown. The official NGN rate is published once a day.
About these currencies
The Nigerian Naira (NGN) is the official currency of Nigeria.
The rate shown for the Nigerian Naira is the official rate. In practice, a parallel market often trades it at a noticeably different price, so the amount you get in cash locally can differ significantly.
What you actually get
Banks rarely use the mid-market rate. With a typical 2.5% margin, 1 USD would get you about 1,297.74 NGN instead of 1,331.01 NGN: 33.28 NGN less. Online money transfer services usually charge much smaller margins, so compare the total cost (fees plus rate) before you send.
FAQ
How much is 1 USD in NGN?
1 US Dollar is worth 1,331.01 NGN at the mid-market rate of Oct 9, 2026 (1 USD = 1,331.01 NGN).
Why is my bank's USD/NGN rate different?
This page shows the mid-market rate, halfway between buying and selling prices. Banks and exchange offices add a margin, often 2% to 4%, on top of any fixed fee.