Question 1

What is the current USD to NGN exchange rate?

Accepted Answer

The USD to NGN exchange rate varies across CBN official, black market, and parallel market sources. Use our real-time tracker to get the most current rates updated every 5 minutes.

Question 2

How often are exchange rates updated?

Accepted Answer

Our exchange rates are updated every 5 minutes with data from CBN official rates, black market sources, and parallel market rates.

Question 3

What is the difference between CBN, black market, and parallel market rates?

Accepted Answer

CBN official rate is set by the Central Bank of Nigeria for formal transactions. Black market rates are informal market rates, while parallel market rates reflect market-determined prices. Each has different uses and availability.

Question 4

Can I set price alerts for exchange rates?

Accepted Answer

Yes, NairaMet allows you to set price alerts that notify you when exchange rates hit your target prices. You can manage multiple alerts across different currency pairs.

Question 5

How do I convert currency amounts?

Accepted Answer

Enter the amount, select your currencies (from and to), choose your preferred rate type (CBN, black market, or parallel), and our converter instantly calculates the converted amount with live rates. You can convert both from NGN to foreign currencies and from foreign currencies to NGN.

Live Exchange Rates

NGN/USD Exchange Rates Guide

Parallel vs Official Rates

Historical Rate Trends

Remittances & Exchange Rates

NairaMet

Live Exchange Rates

NGN/USD Exchange Rates Guide

Parallel vs Official Rates

Historical Rate Trends

Remittances & Exchange Rates