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Today's dollar to naira rates on exchanges

Compare the prices of dollar to naira from 47 exchange providers.

Sort by: Low to high
Provider Buy Price Sell Price Last updated
Noones icon Noones ₦1544 per $1 ₦1536 per $1 Sun, Jul 21 2024 9:00:22 AM
Bybit icon Bybit ₦1547 per $1 ₦1315 per $1 Sun, Jul 21 2024 9:00:16 AM
Quidax icon Quidax ₦1547 per $1 ₦1544 per $1 Sun, Jul 21 2024 9:00:12 AM
Palremit icon Palremit ₦1547 per $1 ₦1547 per $1 Sun, Jul 21 2024 9:00:27 AM
Cedar.money icon Cedar.money ₦1549 per $1 - per $1 Sun, Jul 21 2024 9:00:32 AM
Paxful icon Paxful ₦1554 per $1 ₦1546 per $1 Sun, Jul 21 2024 9:00:23 AM
Bitnob icon Bitnob ₦1559 per $1 ₦1486 per $1 Sun, Jul 21 2024 9:00:21 AM
Cenoa icon Cenoa ₦1563 per $1 ₦1512 per $1 Sun, Jul 21 2024 9:00:30 AM
Zillawire icon Zillawire ₦1565 per $1 - per $1 Sun, Jul 21 2024 9:00:26 AM
Bitmama icon Bitmama ₦1567 per $1 ₦1530 per $1 Sun, Jul 21 2024 9:00:24 AM
Remitano icon Remitano ₦1570 per $1 ₦1538 per $1 Sun, Jul 21 2024 9:00:14 AM
HTX (Huobi) icon HTX (Huobi) ₦1574 per $1 ₦1534 per $1 Sun, Jul 21 2024 9:00:14 AM
Cashwyre icon Cashwyre ₦1575 per $1 ₦1465 per $1 Sun, Jul 21 2024 9:00:19 AM
Accrue icon Accrue ₦1577 per $1 ₦1556 per $1 Sun, Jul 21 2024 9:00:25 AM
Cambridge Currencies icon Cambridge Currencies ₦1579 per $1 ₦1571 per $1 Sun, Jul 21 2024 9:00:33 AM
Yellow Card icon Yellow Card ₦1580 per $1 ₦1520 per $1 Sun, Jul 21 2024 9:00:20 AM
Coinprofile icon Coinprofile ₦1583 per $1 ₦1563 per $1 Sun, Jul 21 2024 9:00:21 AM
Nigeria Customs icon Nigeria Customs ₦1584 per $1 ₦1584 per $1 Sun, Jul 21 2024 9:00:11 AM
CBN icon CBN ₦1585 per $1 ₦1584 per $1 Sun, Jul 21 2024 9:00:04 AM
Changera icon Changera ₦1589 per $1 ₦1538 per $1 Fri, Jul 19 2024 6:58:18 PM
Beans App icon Beans App ₦1602 per $1 ₦1589 per $1 Sun, Jul 21 2024 9:00:29 AM
Flutterwave Send icon Flutterwave Send ₦1612 per $1 ₦1560 per $1 Sun, Jul 21 2024 9:00:18 AM
Neona Synergy icon Neona Synergy ₦1630 per $1 ₦1590 per $1 Sun, Jul 21 2024 9:03:17 AM
Nearpays icon Nearpays ₦1632 per $1 ₦1632 per $1 Sun, Jul 21 2024 9:00:31 AM
DigiOats icon DigiOats ₦1634 per $1 ₦1594 per $1 Sun, Jul 21 2024 8:59:53 AM
Grey icon Grey ₦1636 per $1 ₦1581 per $1 Fri, Jul 19 2024 7:01:52 PM
Piggyvest icon Piggyvest ₦1660 per $1 ₦1600 per $1 Fri, Jul 19 2024 7:00:34 PM
Eversend icon Eversend ₦1670 per $1 ₦1540 per $1 Fri, Jul 19 2024 6:56:57 PM
Wirepay icon Wirepay ₦1683 per $1 ₦1555 per $1 Fri, Jul 19 2024 6:59:43 PM
Chipper Cash icon Chipper Cash ₦1757 per $1 ₦1537 per $1 Fri, Jul 19 2024 6:56:14 PM
Skrill icon Skrill - per $1 ₦1599 per $1 Sun, Jul 21 2024 9:00:08 AM
Paypal icon Paypal - per $1 ₦1597 per $1 Sun, Jul 21 2024 9:00:06 AM
Remitly icon Remitly - per $1 ₦1593 per $1 Sun, Jul 21 2024 9:00:07 AM
Moneygram icon Moneygram - per $1 ₦1587 per $1 Sun, Jul 21 2024 9:00:09 AM
Payoneer icon Payoneer - per $1 ₦1586 per $1 Sun, Jul 21 2024 9:00:05 AM
Western Union icon Western Union - per $1 ₦1586 per $1 Sun, Jul 21 2024 9:00:10 AM
Sendwave icon Sendwave - per $1 ₦1576 per $1 Sun, Jul 21 2024 9:00:28 AM
WorldRemit icon WorldRemit - per $1 ₦1563 per $1 Sun, Jul 21 2024 9:00:28 AM
Jackocoins icon Jackocoins - per $1 ₦1534 per $1 Sun, Jul 21 2024 9:00:15 AM
Cash-in icon Cash-in - per $1 ₦1510 per $1 Sun, Jul 21 2024 9:00:17 AM

What is a Provider?

A provider is an entity that helps facilitate the exchange of currencies. If you have 100 USDT and want to exchange it for naira, you will need an exchange provider to convert your USDT to naira. A provider can be an individual or entity. On Monierate, we only list trusted entities for you to choose from, not individual traders.

What is Buy Price?

The buy price is the rate at which you pay to convert naira to dollars. It represents how much naira you're paying for every dollar obtained. For instance, if you have naira but need USDT to pay a bill, you exchange your naira for USDT, and the provider credits USDT to you at the buy price.

What is Sell Price?

The sell price is the rate at which you pay to convert dollars to naira. It represents how much naira you're getting for every dollar exchanged. For instance, if you have USDT but need naira to pay a bill, you exchange your USDT for naira, and the provider credits naira to you at the sell price.

Why is the buy price usually higher than the sell price?

Exchange providers make money from the difference between the buying and selling prices of the dollar. This is commonly known as arbitrage or trading profit—buying low and selling high. If you have USDT but need naira, they buy the USDT from you at a lower naira price and sell it at a higher naira price to someone else who needs USDT.

How Monierate works

Monierate operates as a platform for comparing dollar prices across various providers in Nigeria.

Here's how it works:

  • Comparison Functionality: Monierate gathers and displays the prices of the dollar from multiple providers in Nigeria. You can compare these prices to find the best rates available in the market.

  • Exchange Rate Information: You can use Monierate to obtain daily information on the exchange rate of the dollar to naira.

  • Order Arrangement: Prices are presented by default from the lowest to the highest, allowing You to easily identify the most cost-effective rates.

  • Buy and Sell Options: Monierate facilitates You in acquiring more dollars for naira or vice versa by presenting both buy and sell options.

  • Customizable Sorting: You have the flexibility to customize the order of the displayed rates, choosing between low to high or sorting by buy or sell prices.

  • Provider Tracking: Monierate actively tracks the 24-hour prices of the dollar across a diverse range of providers, including platforms such as Binance, Luno, Remitano, Yellow Card, Quidax, and Payday.

In essence, we simplifies the process of finding the most favorable dollar exchange rates in Nigeria by providing a user-friendly platform for comparison and real-time rate tracking.

Cedar Money

$1 = ₦1,569