Average FX rate to USD rose 4.56% yoy to 1,550 per USD in Nigeria in June 2025, according to the National Statistical Office. This is 2.85% less than in the previous month.
Historically, Average FX rate to USD in Nigeria reached an all time high of 1,671 per USD in November 2024 and an all time low of 0.530 per USD in November 1980. When compared to Nigeria's main peers, Average FX rate to USD in Benin amounted to 570 per USD, 570 per USD in Cameroon, 570 per USD in Chad and 570 per USD in Niger in June 2025.
Nigeria has been ranked 7th within the group of 129 countries we follow in terms of Average FX rate to USD, 38 places above the position seen 10 years ago.
| FX Rate to USD (Average) | Unit | Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 | Nov 2024 | Dec 2024 | Jan 2025 | Feb 2025 | Mar 2025 | Apr 2025 | May 2025 | Jun 2025 |
| Algeria | per USD | 134 | 136 | 135 | 134 | 133 | ||||||||||||||||
| Benin | per USD | 626 | 634 | 630 | 607 | 585 | ||||||||||||||||
| Burkina Faso | per USD | 626 | 634 | 630 | 607 | 585 | ||||||||||||||||
| Cameroon | per USD | 626 | 634 | 630 | 607 | 585 | ||||||||||||||||
| Central African Republic | per USD | 626 | 634 | 630 | 607 | 585 | ||||||||||||||||
| Chad | per USD | 626 | 634 | 630 | 607 | 585 | ||||||||||||||||
| Gabon | per USD | 626 | 634 | 630 | 607 | 585 | ||||||||||||||||
| Libya | per USD | 4.89 | 4.93 | 4.91 | 4.84 | 5.49 | ||||||||||||||||
| Mali | per USD | 626 | 634 | 630 | 607 | 585 | ||||||||||||||||
| Niger | per USD | 626 | 634 | 630 | 607 | 585 | ||||||||||||||||
| Nigeria | per USD | 1,554 | 1,536 | 1,501 | 1,526 | 1,595 | ||||||||||||||||
| Sudan | per USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Togo | per USD | 626 | 634 | 630 | 607 | 585 |
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