Cedar Money

Today's dollar to naira rates on exchanges

Compare the prices of dollar to naira from 41 exchange providers.

Sort by: Low to high
PST NET Virtual Cards
Provider Buy Price Sell Price Last updated
CBN icon CBN ₦1151 per $1 ₦1150 per $1 Tue, Apr 23 2024 3:00:02 AM
Paxful icon Paxful ₦1193 per $1 ₦1187 per $1 Tue, Apr 23 2024 3:00:22 AM
Bybit icon Bybit ₦1236 per $1 ₦1235 per $1 Tue, Apr 23 2024 3:00:15 AM
Noones icon Noones ₦1250 per $1 ₦1243 per $1 Tue, Apr 23 2024 3:00:21 AM
Kucoin icon Kucoin ₦1254 per $1 ₦1242 per $1 Tue, Apr 23 2024 3:00:12 AM
Cashwyre icon Cashwyre ₦1255 per $1 ₦1240 per $1 Tue, Apr 23 2024 3:00:18 AM
Quidax icon Quidax ₦1256 per $1 ₦1244 per $1 Tue, Apr 23 2024 3:00:10 AM
LINK Business icon LINK Business ₦1257 per $1 - per $1 Tue, Apr 23 2024 3:00:26 AM
Changera icon Changera ₦1259 per $1 ₦1212 per $1 Fri, Apr 19 2024 3:46:26 PM
Cedar.money icon Cedar.money ₦1260 per $1 - per $1 Tue, Apr 23 2024 2:52:15 AM
Cenoa icon Cenoa ₦1260 per $1 ₦1228 per $1 Tue, Apr 23 2024 3:00:30 AM
Grey icon Grey ₦1262 per $1 ₦1185 per $1 Mon, Apr 22 2024 2:44:08 PM
Bitmama icon Bitmama ₦1270 per $1 ₦1237 per $1 Tue, Apr 23 2024 3:00:23 AM
Remitano icon Remitano ₦1273 per $1 ₦1240 per $1 Tue, Apr 23 2024 3:00:14 AM
Accrue icon Accrue ₦1274 per $1 ₦1253 per $1 Tue, Apr 23 2024 3:00:24 AM
HTX (Huobi) icon HTX (Huobi) ₦1276 per $1 ₦1237 per $1 Tue, Apr 23 2024 3:00:13 AM
Zillawire icon Zillawire ₦1277 per $1 - per $1 Tue, Apr 23 2024 3:00:25 AM
Bitnob icon Bitnob ₦1279 per $1 ₦1183 per $1 Mon, Apr 22 2024 2:42:29 PM
Coinprofile icon Coinprofile ₦1280 per $1 ₦1260 per $1 Tue, Apr 23 2024 3:00:20 AM
Eversend icon Eversend ₦1290 per $1 ₦1190 per $1 Sat, Apr 20 2024 3:55:11 PM
Palremit icon Palremit ₦1292 per $1 ₦1229 per $1 Tue, Apr 23 2024 3:00:27 AM
Beans App icon Beans App ₦1300 per $1 ₦1299 per $1 Tue, Apr 23 2024 3:00:29 AM
Flutterwave Send icon Flutterwave Send ₦1300 per $1 ₦1240 per $1 Tue, Apr 23 2024 3:00:17 AM
Piggyvest icon Piggyvest ₦1310 per $1 ₦1250 per $1 Mon, Apr 22 2024 8:18:35 PM
Yellow Card icon Yellow Card ₦1310 per $1 ₦1220 per $1 Tue, Apr 23 2024 3:00:19 AM
Klasha icon Klasha ₦1311 per $1 ₦732 per $1 Mon, Apr 22 2024 2:41:11 PM
Wirepay icon Wirepay ₦1351 per $1 ₦1160 per $1 Fri, Apr 19 2024 3:51:35 PM
Chipper Cash icon Chipper Cash ₦1381 per $1 ₦1127 per $1 Mon, Apr 22 2024 2:46:19 PM
Binance icon Binance ₦1518 per $1 ₦1517 per $1 Tue, Apr 23 2024 3:00:11 AM
Luno icon Luno ₦1850 per $1 ₦1850 per $1 Tue, Feb 27 2024 3:30:15 PM
Sendwave icon Sendwave - per $1 ₦1254 per $1 Tue, Apr 23 2024 3:00:28 AM
Jackocoins icon Jackocoins - per $1 ₦1250 per $1 Tue, Apr 23 2024 3:00:15 AM
WorldRemit icon WorldRemit - per $1 ₦1249 per $1 Tue, Apr 23 2024 3:00:28 AM
Cash-in icon Cash-in - per $1 ₦1210 per $1 Tue, Apr 23 2024 3:00:17 AM
Skrill icon Skrill - per $1 ₦1165 per $1 Tue, Apr 23 2024 3:00:02 AM
Payoneer icon Payoneer - per $1 ₦1161 per $1 Tue, Apr 23 2024 3:00:02 AM
Moneygram icon Moneygram - per $1 ₦1159 per $1 Tue, Apr 23 2024 3:00:02 AM
Paypal icon Paypal - per $1 ₦1153 per $1 Tue, Apr 23 2024 3:00:02 AM
Western Union icon Western Union - per $1 ₦1153 per $1 Tue, Apr 23 2024 3:00:02 AM
Remitly icon Remitly - per $1 ₦1152 per $1 Tue, Apr 23 2024 3:00:02 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 = ₦1,272