Cedar Money

Today's dollar to naira rates on exchanges

Compare the prices of dollar to naira from 45 exchange providers.

Sort by: Low to high
Provider Buy Price Sell Price Last updated
Nigeria Customs icon Nigeria Customs ₦1328 per $1 ₦1328 per $1 Wed, May 29 2024 1:00:02 PM
CBN icon CBN ₦1383 per $1 ₦1382 per $1 Wed, May 29 2024 1:00:02 PM
Bybit icon Bybit ₦1415 per $1 ₦1414 per $1 Wed, May 29 2024 1:20:10 PM
Quidax icon Quidax ₦1424 per $1 ₦1423 per $1 Wed, May 29 2024 1:20:10 PM
Accrue icon Accrue ₦1442 per $1 ₦1421 per $1 Wed, May 29 2024 1:20:10 PM
Bitmama icon Bitmama ₦1449 per $1 ₦1414 per $1 Wed, May 29 2024 1:20:10 PM
Cedar.money icon Cedar.money ₦1450 per $1 - per $1 Wed, May 29 2024 1:20:10 PM
Zillawire icon Zillawire ₦1455 per $1 - per $1 Wed, May 29 2024 1:20:10 PM
Cenoa icon Cenoa ₦1456 per $1 ₦1403 per $1 Wed, May 29 2024 1:20:10 PM
Palremit icon Palremit ₦1458 per $1 ₦1401 per $1 Wed, May 29 2024 1:20:10 PM
Remitano icon Remitano ₦1458 per $1 ₦1426 per $1 Wed, May 29 2024 1:20:10 PM
Flutterwave Send icon Flutterwave Send ₦1464 per $1 ₦1404 per $1 Wed, May 29 2024 1:20:10 PM
LINK Business icon LINK Business ₦1465 per $1 - per $1 Mon, May 20 2024 2:10:25 PM
Yellow Card icon Yellow Card ₦1470 per $1 ₦1410 per $1 Wed, May 29 2024 1:20:10 PM
Noones icon Noones ₦1471 per $1 ₦1463 per $1 Wed, May 29 2024 1:20:10 PM
Coinprofile icon Coinprofile ₦1476 per $1 ₦1456 per $1 Wed, May 29 2024 1:20:10 PM
Beans App icon Beans App ₦1479 per $1 ₦1466 per $1 Wed, May 29 2024 1:20:10 PM
Cashwyre icon Cashwyre ₦1480 per $1 ₦1385 per $1 Wed, May 29 2024 1:20:10 PM
Nearpays icon Nearpays ₦1490 per $1 ₦1490 per $1 Wed, May 29 2024 1:20:10 PM
Bitnob icon Bitnob ₦1498 per $1 ₦1422 per $1 Tue, May 28 2024 12:21:09 PM
HTX (Huobi) icon HTX (Huobi) ₦1503 per $1 ₦1488 per $1 Mon, May 27 2024 6:30:10 AM
Neona Synergy icon Neona Synergy ₦1505 per $1 ₦1475 per $1 Wed, May 29 2024 1:23:18 PM
Paxful icon Paxful ₦1509 per $1 ₦1501 per $1 Wed, May 29 2024 1:20:10 PM
Grey icon Grey ₦1514 per $1 ₦1473 per $1 Tue, May 28 2024 12:22:42 PM
DigiOats icon DigiOats ₦1515 per $1 ₦1485 per $1 Wed, May 29 2024 1:19:53 PM
Binance icon Binance ₦1518 per $1 ₦1517 per $1 Mon, May 27 2024 6:30:09 AM
Changera icon Changera ₦1522 per $1 ₦1474 per $1 Sun, May 26 2024 5:45:50 PM
Kucoin icon Kucoin ₦1537 per $1 ₦1522 per $1 Wed, May 15 2024 9:50:12 AM
Piggyvest icon Piggyvest ₦1550 per $1 ₦1490 per $1 Sun, May 26 2024 5:43:28 PM
Klasha icon Klasha ₦1579 per $1 ₦732 per $1 Tue, May 14 2024 1:51:27 PM
Wirepay icon Wirepay ₦1618 per $1 ₦1420 per $1 Sun, May 26 2024 5:52:21 PM
Eversend icon Eversend ₦1620 per $1 ₦1480 per $1 Tue, May 28 2024 12:22:12 PM
Chipper Cash icon Chipper Cash ₦1667 per $1 ₦1429 per $1 Sun, May 26 2024 5:43:42 PM
Luno icon Luno ₦1850 per $1 ₦1850 per $1 Tue, Feb 27 2024 3:30:15 PM
Sendwave icon Sendwave - per $1 ₦1419 per $1 Wed, May 29 2024 1:20:10 PM
Jackocoins icon Jackocoins - per $1 ₦1419 per $1 Wed, May 29 2024 1:20:10 PM
WorldRemit icon WorldRemit - per $1 ₦1406 per $1 Wed, May 29 2024 1:20:10 PM
Cash-in icon Cash-in - per $1 ₦1400 per $1 Wed, May 29 2024 1:20:10 PM
Remitly icon Remitly - per $1 ₦1396 per $1 Wed, May 29 2024 1:00:02 PM
Western Union icon Western Union - per $1 ₦1392 per $1 Wed, May 29 2024 1:00:02 PM
Paypal icon Paypal - per $1 ₦1391 per $1 Wed, May 29 2024 1:00:02 PM
Skrill icon Skrill - per $1 ₦1391 per $1 Wed, May 29 2024 1:00:02 PM
Payoneer icon Payoneer - per $1 ₦1391 per $1 Wed, May 29 2024 1:00:02 PM
Moneygram icon Moneygram - per $1 ₦1391 per $1 Wed, May 29 2024 1:00:02 PM

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 = ₦1,466