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NGN to USD Converter

Convert NGN to USD with real-time exchange rates, trends, and local purchasing power insights.

1 NGN = 0.0007 USD

Last updated: Nov 5, 2025, 11:59 PM UTC

R
0.0007

Context Information

Local Purchasing Power

₦200.00 ≈

  • 1 ride of danfo ticket in Lagos 🚌
  • 0.1 meals of jollof rice in Lagos 🍛
  • 0.3 servings of suya in Lagos 🍖

30-Day Trend

NGN to USD is 1.91% stronger than 30 days ago

7-Day Trend

Exchange rate movement over the past week

Understanding NGN to USD Exchange Rates

The Nigerian Naira (NGN) and United States Dollar (USD) exchange rate is influenced by various economic factors including central bank monetary policy, interest rate differentials, economic growth, trade balances, political stability, and global market sentiment. Exchange rates fluctuate continuously in response to these dynamic factors.