As of 2023, one U.S. dollar was forecast to be exchanged for 638.7 Nigerian nairas (NGN) on average. In the preceding year, the rate was estimated at 389.9 NGN, while in 2022, it was reported at 423.9 NGN. By the steadily increasing exchange rate since 2017, on average a person with 100 U.S. dollars was expected to receive approximately 42,390 NGN in 2022.
Annual average exchange rate of one U.S dollar in Nigerian naira (NGN) from 2017 to 2023
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AfDB. (October 31, 2023). Annual average exchange rate of one U.S dollar in Nigerian naira (NGN) from 2017 to 2023 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1304053/usd-to-nigerian-naira-annual-average-exchange-rate/
AfDB. "Annual average exchange rate of one U.S dollar in Nigerian naira (NGN) from 2017 to 2023." Chart. October 31, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1304053/usd-to-nigerian-naira-annual-average-exchange-rate/
AfDB. (2023). Annual average exchange rate of one U.S dollar in Nigerian naira (NGN) from 2017 to 2023. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1304053/usd-to-nigerian-naira-annual-average-exchange-rate/
AfDB. "Annual Average Exchange Rate of One U.S Dollar in Nigerian Naira (Ngn) from 2017 to 2023." Statista, Statista Inc., 31 Oct 2023, https://www.statista.com/statistics/1304053/usd-to-nigerian-naira-annual-average-exchange-rate/
AfDB, Annual average exchange rate of one U.S dollar in Nigerian naira (NGN) from 2017 to 2023 Statista, https://www.statista.com/statistics/1304053/usd-to-nigerian-naira-annual-average-exchange-rate/ (last visited November 22, 2024)
Annual average exchange rate of one U.S dollar in Nigerian naira (NGN) from 2017 to 2023 [Graph], AfDB, October 31, 2023. [Online]. Available: https://www.statista.com/statistics/1304053/usd-to-nigerian-naira-annual-average-exchange-rate/