Contact Us
Phone: +234 817 665 7060,
+234 700 225 5226
Toll free line: +234 800 225 5226
People abusing the Naira:
Toll Free Line: 08000200200
Email: [emailprotected]
Complaints Against Financial Institutions:
[emailprotected]
Ethics & Anti-Corruption Helpline:
+234 8 0000 151515[emailprotected][emailprotected]
Letter to be Addressed to:The Ethics, Anti-Corruption and Governance Office,Via the Director, Governor's Department,Central Bank of Nigeria,Head Office, Central Business District,Plot 33, Tafawa Balewa Way,P.M.B 0187,Abuja.
Whistleblowing Petition:
+234 8 0000 203040[emailprotected]
Letter to be Addressed to:The Director,Internal Audit Department,Central Bank of Nigeria,Head Office, Central Business District,Plot 33, Tafawa Balewa Way,P.M.B 0187,Abuja.
Address
Central Bank of Nigeria
Plot 33,
Abubakar Tafawa Balewa Way
Central Business District,
Cadastral Zone,
Abuja,
Federal Capital Territory,
Nigeria
P.M.B. 0187,
Garki Abuja.
Nigeria
We are open for business Monday through Friday except on national holidays. Official visiting days are Tuesdays and Thursdays by appointment only. Our working hours are from 8:00a.m. - 4:00p.m.
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FAQs
1 USD = 1,655.44 NGN Sep 12, 2024 13:03 UTC
The currency converter below is easy to use and the currency rates are updated frequently.
What is the average exchange rate in Nigeria? ›
The exchange rate for US dollar to Nigerian nairas is currently 1,636.100 today, reflecting a 0.000% change since yesterday. Over the past week, the value of US dollar has remained relatively stable, with a 1.903% increase compared to its value 7 days ago.
How much was $1 dollar to naira in 1980? ›
Exchange rates
| Date | ₦ per US$ | Date |
|---|
| 1978 | 0.606 | 1999 |
| 1979 | 0.596 | 2000 |
| 1980 | 0.550 (0.900 PM) | 2001 |
| 1981 | 0.61 | 2002 |
17 more rowsMonthly Average Exchange Rate means the quotient determined by dividing (i) the sum of the conversion rate existing in the United States (as reported in The Wall Street Journal) on the last business day preceding the applicable month immediately preceding the date upon which the Estimated Transfer Price or Actual ...
How much is $1 USD in naira today? ›
Download Our Currency Converter App
| Conversion rates US Dollar / Nigerian Naira |
|---|
| 1 USD | 1,647.53000 NGN |
| 5 USD | 8,237.65000 NGN |
| 10 USD | 16,475.30000 NGN |
| 20 USD | 32,950.60000 NGN |
8 more rowsDownload Our Currency Converter App
| Conversion rates US Dollar / Nigerian Naira |
|---|
| 100 USD | 164,753.00000 NGN |
| 250 USD | 411,882.50000 NGN |
| 500 USD | 823,765.00000 NGN |
| 1000 USD | 1,647,530.00000 NGN |
8 more rowsThe USDNGN decreased 0.8400 or 0.05% to 1,639.7100 on Wednesday September 18 from 1,640.5500 in the previous trading session. Historically, the USDNGN reached an all time high of 1680.50 in February of 2024. Nigerian Naira - data, forecasts, historical chart - was last updated on September 18 of 2024.
What is the best exchange rate in Nigeria? ›
NGN
| Exchange rate(1 GBP → NGN) | Transfer fee | Recipient getsSending 1,000 GBP |
|---|
| 2,060.09 | 0.00 GBP | 2,060,088.03 NGN |
| 1,985.30 | 0.00 GBP | 1,985,298.69 NGN-74,789.34 NGN |
Nigeria Real Effective Exchange Rate (REER: 2005=100: Month Avg: Nigeria) was 72.8 in Jul 2024, compared with the number of 71.3 in the previous month. Nigeria Real Effective Exchange Rate data is updated monthly and averaged 701.6 from Dec 1979 to Jul 2024.
How much was naira to dollar in year 2000? ›
Dollar-Naira Exchange Rate from 1997 to date (Black Market Rate.) 1997 $1 = N84. 58 1998 $1 = N84. 70 1999 $1 = N88-N90 (PDP) 2000 $1 = N105.
The dollar sold for N181. 5 at the beginning of 2015 and ended the year at N199. 5 representing a 9.9% depreciation for the year.
How much was the dollar to naira in 2008? ›
65/US$, N125. 83/US$ and N118. 57/US$ in 2006, 2007 and 2008, respectively. Following the impacts of the global financial crisis on the economy, depreciation pressures mounted on the naira as its exchange rate moved to N148.
How to find the average exchange rate? ›
This method calculates the average exchange rate for these transactions as a result of dividing total amount of all earlier transactions in the foreign currency by total amount of all earlier transactions in the accounting currency. The resulting exchange rate is then assigned to outgoing transaction.
What is average month value? ›
MONTHLY AVERAGE VALUE means the sum of all daily discharges measured during a calendar month divided by the number of daily discharges measured during the month.
Do you pay taxes on currency exchange? ›
Regardless of where you live, keeping savings in a currency other than the US dollar can expose you to taxable gains or losses when the currency is converted to US dollars.
How much is $1 in the black market today? ›
Convert US Dollar to Naira Exchange Rate in the Black Market?
| Amount in Dollar ($) | Black Market Exchange Rate in Naira |
|---|
| 1 US Dollar (1$) to Naira | 1,650 |
| 5 US Dollars ($5) to Naira | 8,250 |
| 10 US Dollars ($10) to Naira | 16,500 |
| 20 US Dollars ($20) to Naira | 33,000 |
11 more rowsConvert US Dollar to Nigerian Naira
| USD | NGN |
|---|
| 1 USD | 1,636.64 NGN |
| 3 USD | 4,909.92 NGN |
| 5 USD | 8,183.2 NGN |
| 7 USD | 11,456.48 NGN |
23 more rowsSep 9, 2024
There is no world currency, but there are reserve currencies that are used in transactions by central banks, corporations, and governments. The U.S. dollar is the world's most widely used reserve currency since the U.S. economy, and its financial system is stable.
What is the official exchange rate GBP to Naira? ›
1 GBP = 2,162.526416 NGN Sep 16, 2024 15:06 UTC.
