USD → 
NGN ⚡ Popular Rate as of2026-05-17 USD to NGN Converter.
1 USD = 1580 NGN as of 2026-05-17. A major African diaspora remittance corridor — Nigeria received ~$20 billion in personal remittances in recent years, the largest in Africa. Driven by ~17M Nigerian diaspora globally (UK, US, Canada, South Africa primary). NGN has lost ~75% of its value against USD over 5 years following the CBN's 2023 unification of multiple exchange rates and subsequent managed float — one of the largest EM currency adjustments in recent memory.
USD → NGN Converter
| 🇺🇸 USD | 🇳🇬 NGN |
|---|---|
| $1.00 | NGN 1,580.00 |
| $10.00 | NGN 15,800.00 |
| $100.00 | NGN 158,000.00 |
| $500.00 | NGN 790,000.00 |
| $1,000.00 | NGN 1,580,000.00 |
| $5,000.00 | NGN 7,900,000.00 |
| $10,000.00 | NGN 15,800,000.00 |
| $50,000.00 | NGN 79,000,000.00 |
| $100,000.00 | NGN 158,000,000.00 |
USD trend over time.
USD to NGN conversion table.
Common US Dollar amounts converted to Nigerian Naira at today's rate of 1 USD = 1580 NGN. The reverse holds too: 1 NGN = 0.0006 USD.
| 1 USD | 1,580 NGN |
| 5 USD | 7,900 NGN |
| 10 USD | 15,800 NGN |
| 25 USD | 39,500 NGN |
| 50 USD | 79,000 NGN |
| 100 USD | 158,000 NGN |
| 500 USD | 790,000 NGN |
| 1,000 USD | 1,580,000 NGN |
| 5,000 USD | 7,900,000 NGN |
| 10,000 USD | 15,800,000 NGN |
| 1 NGN | 0.0006 USD |
| 5 NGN | 0.0032 USD |
| 10 NGN | 0.0063 USD |
| 25 NGN | 0.0158 USD |
| 50 NGN | 0.0316 USD |
| 100 NGN | 0.0633 USD |
| 500 NGN | 0.3165 USD |
| 1,000 NGN | 0.6329 USD |
| 5,000 NGN | 3.16 USD |
| 10,000 NGN | 6.33 USD |
Why people convert USD to NGN.
The USD/NGN corridor is driven mostly by global reserve currency and remittances from US-based workers. On the Nigerian Naira side, demand comes from African diaspora remittances, oil trade, and commerce. Because both sides see steady two-way flow, USD/NGN is one of the more liquid pairs in this region — which usually means tighter spreads and smaller markups than thinly-traded exotic pairs.
Over the past 12 months the US Dollar has moved up 9.0% against the Nigerian Naira, and over five years it has strengthened about 315.8% (from 380 to 1580). If you're sending money on this corridor, that trend matters: a rising rate means timing your transfer — or locking a rate with a forward contract for large amounts — can change the Nigerian Naira you receive by a meaningful margin.
Getting the best USD → NGN rate. The figure above is the mid-market rate — the "true" rate banks and brokers reference. Most banks add a 1–3% margin on top and may charge a flat wire fee. Specialist services (Wise, Remitly, and regional exchange houses on this corridor) typically convert closer to mid-market. Always compare the effective rate after all fees, not just the headline rate — on a large USD transfer, a 2% difference is real money.
Rates shown are indicative mid-market rates as of 2026-05-17 and are for informational purposes only — not a quote or financial advice. Confirm the live rate with your provider before transacting.
