Official Mid-Market Interbank Rate

NGN to USD Currency Calculator

Real-time official mid-market exchange rate between Nigerian Naira and US Dollar

Quick Amounts:
Converted Total
100.00 NGN = 0.07 USD
Mid-Market Rate: 1 NGN = 0.000743 USD Inverse Rate: 1 USD = 1345.87 NGN Live Sync: Tue, 03 Nov 2026 00:00:01 UTC
Hidden Fee Notice

Bank vs. Real Mid-Market Rate Comparison

How traditional banks markup NGN to USD transfers vs. the true market rate:

✓ Currency-Calculator.com (Interbank Mid-Market)

1 NGN = 0.000743 USD

Pure mid-market exchange rate. Zero markup, zero hidden spreads.

✕ Traditional Retail Banks (Chase, Barclays, HSBC, RBC)

1 NGN ≈ 0.000713 USD

Major banks (Chase, Wells Fargo, Barclays, HSBC, RBC, Santander) typically hide 3.5% to 5.5% margin fees within their retail exchange rates. (Est. loss: ~3.5% - 5.5%)

At the current mid-market exchange rate, 1 Nigerian Naira (NGN) equals 0.000743 US Dollar (USD), while 1 USD equals 1345.87 NGN. Our market rates update continuously (last refreshed Tue, 03 Nov 2026 00:00:01 UTC), ensuring cross-border money transfers, travel budgets, and international conversions are calculated with transparent market data.

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Quick NGN to USD Conversion Table

Quick NGN to USD Conversion Table
NGN (Nigerian Naira) USD (US Dollar) USD (US Dollar) NGN (Nigerian Naira)
1 NGN 0.00 USD 1 USD 1,345.87 NGN
5 NGN 0.00 USD 5 USD 6,729.36 NGN
10 NGN 0.01 USD 10 USD 13,458.73 NGN
25 NGN 0.02 USD 25 USD 33,646.81 NGN
50 NGN 0.04 USD 50 USD 67,293.63 NGN
100 NGN 0.07 USD 100 USD 134,587.26 NGN
500 NGN 0.37 USD 500 USD 672,936.30 NGN
1,000 NGN 0.74 USD 1,000 USD 1,345,872.60 NGN
5,000 NGN 3.72 USD 5,000 USD 6,729,363.00 NGN

Frequently Asked Questions: NGN to USD

What is the live exchange rate for 1 NGN to USD?

1 NGN (Nigerian Naira) is currently worth 0.000743 USD (US Dollar) using the official real-time mid-market foreign exchange rate.

How much is 100 NGN in USD?

At today's rate of 0.000743, 100 NGN equals 0.07 USD.

What is the inverse rate of USD to NGN?

1 USD (US Dollar) equals 1345.87 NGN (Nigerian Naira). Click the swap button above to flip the calculator instantly.

Are there hidden fees when converting through banks in the US, UK, Canada, or EU?

Yes. Most commercial retail banks apply a hidden markup of 3% to 6% on top of the mid-market rate. The rate displayed on currency-calculator.com is the pure interbank mid-market rate with zero spread.

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