| Provider | Buy Price | Sell Price | Last updated |
|---|---|---|---|
Noones
|
₦1578 per $1 | ₦1570 per $1 | Sat, Jul 27 2024 6:00:21 AM |
Paxful
|
₦1584 per $1 | ₦1576 per $1 | Sat, Jul 27 2024 6:00:22 AM |
Bybit
|
₦1589 per $1 | ₦1589 per $1 | Sat, Jul 27 2024 6:00:15 AM |
Palremit
|
₦1589 per $1 | ₦1588 per $1 | Sat, Jul 27 2024 6:00:25 AM |
Quidax
|
₦1590 per $1 | ₦1584 per $1 | Sat, Jul 27 2024 6:00:10 AM |
Cambridge Currencies
|
₦1590 per $1 | ₦1582 per $1 | Sat, Jul 27 2024 6:00:32 AM |
Cedar.money
|
₦1591 per $1 | - per $1 | Sat, Jul 27 2024 6:00:31 AM |
Cashwyre
|
₦1595 per $1 | ₦1520 per $1 | Sat, Jul 27 2024 6:00:17 AM |
Bitnob
|
₦1598 per $1 | ₦1528 per $1 | Sat, Jul 27 2024 6:00:20 AM |
Beans App
|
₦1599 per $1 | ₦1586 per $1 | Sat, Jul 27 2024 6:00:28 AM |
Remitano
|
₦1601 per $1 | ₦1572 per $1 | Sat, Jul 27 2024 6:00:13 AM |
Nigeria Customs
|
₦1602 per $1 | ₦1602 per $1 | Sat, Jul 27 2024 5:30:40 AM |
CBN
|
₦1602 per $1 | ₦1601 per $1 | Sat, Jul 27 2024 6:00:04 AM |
Bitmama
|
₦1607 per $1 | ₦1572 per $1 | Sat, Jul 27 2024 6:00:23 AM |
Zillawire
|
₦1608 per $1 | - per $1 | Sat, Jul 27 2024 6:00:25 AM |
Yellow Card
|
₦1610 per $1 | ₦1580 per $1 | Sat, Jul 27 2024 6:00:18 AM |
Neona Synergy
|
₦1610 per $1 | ₦1585 per $1 | Sat, Jul 27 2024 6:03:16 AM |
Cenoa
|
₦1610 per $1 | ₦1570 per $1 | Sat, Jul 27 2024 6:00:29 AM |
DigiOats
|
₦1611 per $1 | ₦1593 per $1 | Sat, Jul 27 2024 5:59:53 AM |
Accrue
|
₦1616 per $1 | ₦1595 per $1 | Sat, Jul 27 2024 6:00:24 AM |
Changera
|
₦1618 per $1 | ₦1568 per $1 | Fri, Jul 26 2024 11:21:22 AM |
Nearpays
|
₦1618 per $1 | ₦1618 per $1 | Sat, Jul 27 2024 6:00:30 AM |
Flutterwave Send
|
₦1624 per $1 | ₦1582 per $1 | Sat, Jul 27 2024 6:00:17 AM |
Grey
|
₦1626 per $1 | ₦1571 per $1 | Fri, Jul 26 2024 11:26:09 AM |
HTX (Huobi)
|
₦1630 per $1 | ₦1582 per $1 | Sat, Jul 27 2024 6:00:12 AM |
Coinprofile
|
₦1630 per $1 | ₦1610 per $1 | Sat, Jul 27 2024 6:00:19 AM |
Piggyvest
|
₦1660 per $1 | ₦1600 per $1 | Fri, Jul 26 2024 11:25:03 AM |
Eversend
|
₦1681 per $1 | ₦1560 per $1 | Fri, Jul 26 2024 11:28:58 AM |
Wirepay
|
₦1700 per $1 | ₦1572 per $1 | Wed, Jul 24 2024 9:58:13 AM |
Chipper Cash
|
₦1740 per $1 | ₦1568 per $1 | Fri, Jul 26 2024 11:23:24 AM |
Skrill
|
- per $1 | ₦1612 per $1 | Sat, Jul 27 2024 6:00:07 AM |
Payoneer
|
- per $1 | ₦1611 per $1 | Sat, Jul 27 2024 6:00:05 AM |
Paypal
|
- per $1 | ₦1610 per $1 | Sat, Jul 27 2024 6:00:05 AM |
Western Union
|
- per $1 | ₦1610 per $1 | Sat, Jul 27 2024 6:00:09 AM |
Remitly
|
- per $1 | ₦1608 per $1 | Sat, Jul 27 2024 6:00:06 AM |
Moneygram
|
- per $1 | ₦1603 per $1 | Sat, Jul 27 2024 6:00:08 AM |
Sendwave
|
- per $1 | ₦1589 per $1 | Sat, Jul 27 2024 6:00:27 AM |
Jackocoins
|
- per $1 | ₦1588 per $1 | Sat, Jul 27 2024 6:00:14 AM |
WorldRemit
|
- per $1 | ₦1585 per $1 | Sat, Jul 27 2024 6:00:26 AM |
Cash-in
|
- per $1 | ₦1555 per $1 | Sat, Jul 27 2024 6:00:16 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.
