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DAILY · Open Exchange Rates

Nigerian naira

1.32K NGN / USD +0.01% day

The rate at which Nigeria's naira trades against the US dollar. Nigeria imports most refined fuel and much of its food, so the level of this rate feeds through to pump prices and inflation faster than to almost anything else.

Sep 7 · 1,321.800000 NGN / USD · −3.2% vs the window’s open

Open Exchange Rates · daily
the numbers30
whenvaluechange
Aug 9high1,364.860000 NGN / USD
Aug 101,362.140000 NGN / USD−0.2%
Aug 111,361.220000 NGN / USD−0.1%
Aug 121,361.770000 NGN / USD0.0%
Aug 131,362.660000 NGN / USD+0.1%
Aug 141,361.340000 NGN / USD−0.1%
Aug 151,359.570000 NGN / USD−0.1%
Aug 161,359.570000 NGN / USD0.0%
Aug 171,358.380000 NGN / USD−0.1%
Aug 181,352.220000 NGN / USD−0.5%
Aug 191,350.240000 NGN / USD−0.1%
Aug 201,348.240000 NGN / USD−0.1%
Aug 211,345.500000 NGN / USD−0.2%
Aug 221,349.187519 NGN / USD+0.3%
Aug 231,349.187519 NGN / USD0.0%
Aug 241,348.360000 NGN / USD−0.1%
Aug 251,347.230000 NGN / USD−0.1%
Aug 261,346.930000 NGN / USD0.0%
Aug 271,345.560000 NGN / USD−0.1%
Aug 281,341.660000 NGN / USD−0.3%
Aug 291,341.580000 NGN / USD0.0%
Aug 301,341.580000 NGN / USD0.0%
Aug 311,345.210000 NGN / USD+0.3%
Sep 11,338.150000 NGN / USD−0.5%
Sep 21,333.120000 NGN / USD−0.4%
Sep 31,328.330000 NGN / USD−0.4%
Sep 41,323.210000 NGN / USD−0.4%
Sep 51,323.210000 NGN / USD0.0%
Sep 6low1,321.689377 NGN / USD−0.1%
Sep 7latest1,321.800000 NGN / USD0.0%

Lately

The naira's firming came alongside foreign reserves hitting a 20-year high, which Moody's scored as a reward for austerity, and FTSE Russell's decision to reclassify Nigeria from Unclassified to frontier status on September 21 — a change that reopens index-tracking inflows. Working against it: Atiku Abubakar has pledged to restore the petrol subsidy in 2027.

  1. Moody’s Rewards Nigeria’s Austerity
  2. Nigeria Regains Frontier Status
  3. Atiku Vows Subsidy Return

Mentioned in · 5

  1. Hajj Deadline Locks In Currency Risk Premium Times Nigeria
  2. Dangote Cement Turns To London Premium Times Nigeria
  3. Moody’s Rewards Nigeria’s Austerity Premium Times Nigeria
  4. Nigeria Regains Frontier Status Premium Times Nigeria
  5. Atiku Vows Subsidy Return Premium Times Nigeria