The official rate is 1,348.45 NGN per dollar. On the exchanges where people in Nigeria trade stablecoins, one costs 1,377 NGN. A stablecoin is a coin that stays worth one US dollar.
For US$100, people pay 137,700 NGN. The official rate says 134,845 NGN.
Today a stablecoin is the cheaper dollar here. Cash costs 0.6% more.
Only 1 source
Prices from the 01:00 UTC hour, 2 Nov
One point per day, the price we published that day. 0% is the official rate. Tap a day to read it.
Today's gap is close to the smallest since 9 Oct 2026, in our own checks. On most days the gap is between 2.1% and 3.5%.
From 9 Oct this price comes from an exchange instead of an independent price source, so it can jump that day.
We take a country's price from exchanges first, then brokers, then people selling to each other on Binance and OKX. Here it comes from an exchange.