Currency Converter

Real-time exchange rates for Nigerian travelers

Amount

From

Converted Amount

1 NGN = 0.0012 USD

1.20 USD

1,000 NGN

Last updated: 12/24/2025, 2:47:45 PM

Disclaimer: Exchange rates are indicative and for informational purposes only. Actual rates offered by banks, currency exchanges, and money transfer services may vary. Always verify current rates before making transactions.

Quick Reference: 1,000 NGN =

1.20

USD

1.10

EUR

0.95

GBP

23.00

ZAR

15.00

GHS

160.00

KES

4.40

AED

Currency Exchange in Nigeria

Essential information for travelers

When traveling to or from Nigeria, understanding currency exchange rates is essential for budgeting your trip. The Nigerian Naira (NGN) is the official currency, and exchange rates can fluctuate based on market conditions.

Where to Exchange Currency

Airport Exchange Counters

Available at major airports (Lagos, Abuja, Port Harcourt) but typically offer less favorable rates.

Lower rates

Banks

Generally offer better rates than airport counters; branches available in major cities.

Best rates

Bureau de Change

Licensed currency exchange operators; rates vary, so compare before exchanging.

Compare rates

Hotels

Convenient but usually offer the least favorable rates.

Most convenient

Currency Tips for Travelers

Exchange only what you need at the airport; get better rates in the city.

Keep receipts of all currency exchanges.

Declare amounts over $10,000 USD when entering or leaving Nigeria.

Major credit cards accepted at hotels and large establishments in cities.

ATMs widely available in urban areas (check with your bank about international fees).

Popular Currencies

PRIMARY

USD

Most widely accepted foreign currency in Nigeria.

€

COMMON

EUR

Accepted at major establishments and easily exchangeable.

COMMON

GBP

Common due to historical ties with the UK.

REGIONAL

ZAR, GHS, KES

Useful for travel within Africa.

Last Updated: December 13, 2025

Information accurate as of publication date