Nigerian Naira is no Longer N360 or N388.47 per Dollar Here is the New Value

You have just converted one dollar to nigerian naira according to the recent foreign exchange rate 387.49797. For one dollar you get today 387 naira 49 kobo. If there is going to be any change in the exchange rate of $ to ₦, recalculation of the amount will be done automatically.

At the advent of democratic rule in 1999 under the PDP, the US dollar was sold for N21.89; on May 29, 2015, under the All Progressive Congress(APC) it was N199. Since then, Naira value keep on demoting on January 1st 2016, $1 is equal to N196.75, on 13th January 2017 $1 is equal N315.0, on 12 January 2018 $1 is equal to N357.00, on 5th January 2019, $1 is equal to N365.50, on 10th January 2020, $1 is equal to N361.60.

It is unfortunately now that the value of Naira now is $1 is equal to N387.50 as of June 19th 2020. I am not trying to demote any administration but sincerely speaking under the APC Naira value keep failing down.






USD to NGN Table

Quick conversion table showing conversion rates between USD NGN pair.

NGN USD

₦1 = $0

₦10 = $0.03

₦20 = $0.05

₦50 = $0.13

₦100 = $0.26

₦500 = $1.29

₦1,000 = $2.58





USD to NGN Table


Quick conversion table showing conversion rates between USD NGN pair.

USD NGN

$1 = ₦387.50

$10 = ₦3,874.98

$20 = ₦7,749.96

$50 = ₦19,374.90


$100 = ₦38,749.80


$500 = ₦193,748.99


$1,000 = ₦387,497.97