1,000,000 USD = 1,585,240,228 NGN August 14, 2024 09:00 PM UTC
One million US Dollars are worth ₦1,585,240,228 today as of 9:00 PM UTC.Check the latest currency exchange rates for the US Dollar, Nigerian Naira and all major world currencies. Our currency converter is simple to use and also shows the latest currency rates.
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1,000,000US Dollars=1,585,240,228Nigerian Nairas
1 USD = 1,585.24 NGN1 NGN = 0.0006308 USD
Last update 2024-8-14 9:00 PM UTC
InvertUSD to NGN Conversion Chart
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This chart shows data from 2023-8-14 to 2024-8-13. The average exchange rate over this period was 1,145.71 Nigerian Nairas per US Dollar.
What was the highest USD to NGN exchange rate in the lastyear?
The high point for the USD/NGN ratewas 1,649.57 Nigerian Nairas per US Dollar on August 1, 2024.
What was the lowest USD to NGN exchange rate in the lastyear?
The low point was 744.92 Nigerian Nairas per US Dollar on September 12, 2023.
Is USD up or down compared to NGN in the lastyear?
The USD/NGN rate is up +104.61%. This means the US Dollar has increased in value compared to the Nigerian Naira.
View History Table
USD to NGN Exchange Rates
| Last 30 Days | Last 90 Days | |
|---|---|---|
| High | ₦1,649.57 | ₦1,649.57 |
| Low | ₦1,569.81 | ₦1,360.25 |
| Avg | ₦1,599.38 | ₦1,526.00 |
| Volatility | -0.27% | +4.81% |
| Download History | ||
Convert USD to NGN
| US Dollar | Nigerian Naira |
| $1 | ₦1,585.24 |
| $5 | ₦7,926.20 |
| $10 | ₦15,852 |
| $15 | ₦23,779 |
| $20 | ₦31,705 |
| $25 | ₦39,631 |
| $50 | ₦79,262 |
| $100 | ₦158,524 |
| $500 | ₦792,620 |
| $1,000 | ₦1,585,240 |
| $2,500 | ₦3,963,101 |
| $5,000 | ₦7,926,201 |
| $10,000 | ₦15,852,402 |
| $25,000 | ₦39,631,006 |
| $50,000 | ₦79,262,011 |
| $100,000 | ₦158,524,023 |
Convert NGN to USD
| Nigerian Naira | US Dollar |
| ₦1,000 | $0.6308 |
| ₦5,000 | $3.1541 |
| ₦10,000 | $6.3082 |
| ₦15,000 | $9.4623 |
| ₦20,000 | $12.616 |
| ₦25,000 | $15.770 |
| ₦50,000 | $31.541 |
| ₦100,000 | $63.082 |
| ₦500,000 | $315.41 |
| ₦1,000,000 | $630.82 |
| ₦2,500,000 | $1,577.05 |
| ₦5,000,000 | $3,154.10 |
| ₦10,000,000 | $6,308.19 |
| ₦25,000,000 | $15,770 |
| ₦50,000,000 | $31,541 |
| ₦100,000,000 | $63,082 |
USD to NGN History Rates by Year
To view rates between the US Dollar and the Nigerian Naira for a particular year, click on one of the links below.
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
How to Convert US Dollars to Nigerian Nairas?
You can convert US Dollars to Nigerian Nairas by using the exchange-rates.org currency converter in just one easy step.Simply enter the amount of USD you want to convert to NGN in the box labeled "Amount", and you’re done!You’ll now see the value of the converted currency according to the most recent exchange rate.
USD to NGN Currency Converter - FAQs
How much is $1 in NGN?
1 US Dollar = 1,585.24 Nigerian Nairas as of August 14, 2024 09:00 PM UTC.You can get live exchange rates between US Dollars and Nigerian Nairas using exchange-rates.org,which aggregates real-time forex data from the most authoritative sources.
How much is $1,000,000 in NGN?
1,000,000 US Dollars = 1,585,240,228 Nigerian Nairas as of August 14, 2024 09:00 PM UTC.
What was the highest USD to NGN exchange rate in the last 10 years?
In the last 10 years, the highest rate from US Dollars to Nigerian Nairas was on August 1, 2024 when each US Dollar was worth ₦1,649.57.
When is the best time to convert USD to NGN?
The USD and NGN can be traded 24x5 starting from the time markets open on Monday mornings in Sydney all the way to the time markets close on Fridays at 5 pm in New York. Exchange rates can fluctuate by the minute while markets are open. However, the time between 3-4 PM GMT is often a good time to convert US Dollars to Nigerian Nairas because currency market liquidity and trading volume tend to be the highest during this time. Also, it’s best to convert US Dollars to Nigerian Nairas early in the week if you need Nigerian Nairas urgently. If you execute a trade late in the week, it might not settle until the following week given that forex markets are closed on weekends.
Which is stronger, USD or NGN?
The US Dollar is currently stronger than the Nigerian Naira given that 1 USD is equal to 1,585.24 NGN.Conversely, 1 NGN is worth 0.0006308 USD.
Is the US Dollar up or down against the Nigerian Naira?
The US Dollar isup +76.31%year to date against the Nigerian Naira.In the last 10 years, the US Dollar isup +766.25%against the Nigerian Naira.As a result, the US Dollar hasgainedpurchasing power compared to the Nigerian Naira over the last 10 years.
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