Today's dollar to naira rates on exchanges

Compare the prices of dollar to naira from 37 exchange providers.

Sort by: Low to high
Cedar Money
Provider Buy Price Sell Price Last updated
CBN icon CBN ₦1489 per $1 ₦1488 per $1 Sat, Feb 24 2024 8:00:02 AM
Beans App icon Beans App ₦1678 per $1 ₦1666 per $1 Sat, Feb 24 2024 5:30:29 PM
Bybit icon Bybit ₦1686 per $1 ₦1685 per $1 Sat, Feb 24 2024 5:30:16 PM
Kucoin icon Kucoin ₦1690 per $1 ₦1673 per $1 Sat, Feb 24 2024 5:30:12 PM
Binance icon Binance ₦1691 per $1 ₦1690 per $1 Sat, Feb 24 2024 5:30:11 PM
Quidax icon Quidax ₦1692 per $1 ₦1675 per $1 Sat, Feb 24 2024 5:30:10 PM
Cashwyre icon Cashwyre ₦1699 per $1 ₦1684 per $1 Sat, Feb 24 2024 5:30:19 PM
Bitnob icon Bitnob ₦1701 per $1 ₦1681 per $1 Sat, Feb 24 2024 5:30:22 PM
HTX (Huobi) icon HTX (Huobi) ₦1705 per $1 ₦1682 per $1 Sat, Feb 24 2024 5:30:13 PM
Accrue icon Accrue ₦1710 per $1 ₦1689 per $1 Sat, Feb 24 2024 5:30:24 PM
Bitmama icon Bitmama ₦1711 per $1 ₦1670 per $1 Sat, Feb 24 2024 5:30:23 PM
Zillawire icon Zillawire ₦1712 per $1 ₦0 per $1 Sat, Feb 24 2024 5:30:25 PM
LINK Business icon LINK Business ₦1718 per $1 ₦1529 per $1 Sat, Feb 24 2024 5:30:26 PM
Flutterwave Send icon Flutterwave Send ₦1719 per $1 ₦1648 per $1 Sat, Feb 24 2024 5:30:18 PM
Coinprofile icon Coinprofile ₦1730 per $1 ₦1710 per $1 Sat, Feb 24 2024 5:30:21 PM
Cedar.money icon Cedar.money ₦1730 per $1 ₦0 per $1 Sat, Feb 24 2024 5:24:14 PM
Palremit icon Palremit ₦1740 per $1 ₦1673 per $1 Sat, Feb 24 2024 5:30:27 PM
Remitano icon Remitano ₦1740 per $1 ₦1673 per $1 Sat, Feb 24 2024 5:30:14 PM
Yellow Card icon Yellow Card ₦1750 per $1 ₦1650 per $1 Sat, Feb 24 2024 5:30:20 PM
Piggyvest icon Piggyvest ₦1765 per $1 ₦1750 per $1 Fri, Feb 23 2024 2:32:00 PM
Eversend icon Eversend ₦1809 per $1 ₦1595 per $1 Fri, Feb 23 2024 2:28:20 PM
Klasha icon Klasha ₦1815 per $1 ₦732 per $1 Fri, Feb 23 2024 2:29:33 PM
Chipper Cash icon Chipper Cash ₦1837 per $1 ₦1570 per $1 Fri, Feb 23 2024 2:27:12 PM
Wirepay icon Wirepay ₦1850 per $1 ₦1679 per $1 Fri, Feb 23 2024 2:33:27 PM
Luno icon Luno ₦1850 per $1 ₦1850 per $1 Sat, Feb 24 2024 5:30:15 PM
Grey icon Grey ₦1868 per $1 ₦1718 per $1 Fri, Feb 23 2024 2:30:38 PM
Payday icon Payday ₦1930 per $1 ₦735 per $1 Wed, Feb 21 2024 9:45:48 AM
Sendwave icon Sendwave ₦0 per $1 ₦1662 per $1 Sat, Feb 24 2024 5:30:28 PM
WorldRemit icon WorldRemit ₦0 per $1 ₦1650 per $1 Sat, Feb 24 2024 5:30:27 PM
Cash-in icon Cash-in ₦0 per $1 ₦1619 per $1 Sat, Feb 24 2024 5:30:17 PM
Paypal icon Paypal ₦0 per $1 ₦1517 per $1 Sat, Feb 24 2024 8:00:02 AM
Skrill icon Skrill ₦0 per $1 ₦1512 per $1 Sat, Feb 24 2024 8:00:02 AM
Payoneer icon Payoneer ₦0 per $1 ₦1501 per $1 Sat, Feb 24 2024 8:00:02 AM
Remitly icon Remitly ₦0 per $1 ₦1498 per $1 Sat, Feb 24 2024 8:00:02 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.

$1 = ₦1,763