USD to NGN chart
The chart below shows the mid-market US Dollar to Nigerian naira exchange rate over the selected period. Grey's transfer rate includes a conversion fee, shown separately when you start a transfer.
USD to NGN exchange rate today
Check the live US Dollar to Nigerian naira exchange rate. Grey shows the rate, the fees, and exactly what your recipient in Nigeria receives, all before you confirm.
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Convert US dollars to Nigerian naira at a fair rate
Grey is a financial technology company, not a bank, registered with FinCEN in the United States. When you convert US dollars to Nigerian naira with Grey, three things happen before you confirm: you see the rate applied to your transfer, you see the fees, and you see the exact naira amount your recipient will receive.
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USD to NGN chart
The chart below shows the mid-market US Dollar to Nigerian naira exchange rate over the selected period. Grey's transfer rate includes a conversion fee, shown separately when you start a transfer.
Over the last 30 days, the US Dollar to Nigerian Naira rate reached a high of 1512.9 and a low of 1474.0, with an average of 1493.9
| Period | High | Low | Average | Change |
|---|---|---|---|---|
| 30 days | 1512.9 | 1474.0 | 1493.9 | +2.0% |
| 90 days | 1512.9 | 1465.0 | 1483.2 | +2.2% |
| |
|---|---|
| 1 USD | 1,330.48 NGN |
| 5 USD | 6,652.40 NGN |
| 10 USD | 13,304.81 NGN |
| 20 USD | 26,609.62 NGN |
| 50 USD | 66,524.04 NGN |
| 100 USD | 133,048.08 NGN |
| 250 USD | 332,620.20 NGN |
| 500 USD | 665,240.40 NGN |
| |
|---|---|
| 10,000 NGN | 7.08 USD |
| 50,000 NGN | 35.41 USD |
| 100,000 NGN | 70.82 USD |
| 200,000 NGN | 141.63 USD |
| 250,000 NGN | 177.04 USD |
| 500,000 NGN | 354.08 USD |
| 1,000,000 NGN | 709.54 USD |
| 1,500,000 NGN | 1,067.19 USD |
What this rate means if you are sending from the US
A transfer has three costs: a deposit fee, a conversion fee and a send fee. Grey shows all three, and the naira amount your recipient receives, before you confirm. That makes the rate only one part of what a USD to NGN transfer really costs.
On a $500 transfer funded by ACH, the deposit fee is 0.8 percent (minimum $2, maximum $10), about $4. The conversion fee is 1 percent, capped at $6, so $5 here. The send fee is shown separately, and the exact naira amount for a USD to NGN transfer is shown before you confirm. Grey supports transfers to GTBank, Access Bank, Zenith Bank, UBA, First Bank and all major Nigerian banks via NIBSS. Your recipient does not need a Grey account.
Frequently asked questions
What is the USD to NGN exchange rate today?
The live USD to NGN exchange rate today is shown in the calculator above. This is the mid-market rate. Grey's transfer rate includes a 1 percent conversion fee capped at $6, plus a deposit fee and a send fee, all shown separately before you confirm.
How much Nigerian naira will I get for $500?
At today's live rate, $500 converts to the amount shown in the calculator above. The Grey fees on a $500 transfer are about $9 (about $4 for the ACH deposit and $5 for the conversion), plus the send fee. Grey shows the exact naira amount your recipient receives before you confirm.
How do I convert USD to NGN with Grey?
Open a free Grey account, verify your identity, fund your balance, then send to your recipient in Nigeria. Grey converts USD to NGN at the live rate and shows the rate and fees before you confirm.
What Nigerian banks does Grey support?
Grey supports transfers to GTBank, Access Bank, Zenith Bank, UBA, First Bank and all major Nigerian banks via NIBSS. Your recipient does not need a Grey account to receive funds.
What is the fee for converting USD to NGN?
Grey charges a deposit fee (0.8 percent by ACH, minimum $2, maximum $10), a conversion fee of 1 percent capped at $6, and a send fee shown before you confirm. Grey does not add a margin to the exchange rate on top of the stated fees.
How long does a transfer from the US to Nigeria take?
Transfers with Grey typically arrive within minutes once your Grey balance is funded. If you fund via ACH, allow 1 to 2 business days for the funds to clear first.
