FX Rate to USD (Average) fell 0.001% to 307 per USD in Nigeria in December 2019

FX Rate to USD (Average) (per USD)
Economy | Nigeria | January 24, 2020
$2.99
Excel Sheet

Average FX rate to USD reached 307 per USD in December 2019 in Nigeria, according to the National Statistical Office. This is 0.001 % less than in the previous month.

Historically, Average FX rate to USD in Nigeria reached an all time high of 310 per USD in August 2016 and an all time low of 0.530 per USD in November 1980. When compared to Nigeria's main peers, Average FX rate to USD in Benin amounted to 590 per USD, 590 per USD in Cameroon, 590 per USD in Chad and 590 per USD in Niger in December 2019.

Nigeria has been ranked 32nd within the group of 109 countries we follow in terms of Average FX rate to USD, 11 places above the position seen 10 years ago.

Foreign exchange rate against the US dollar calculated as a daily average for a year.

FX Rate to USD (Average) Unit Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019
Algeria per USD 119 119 120 120 120 ...
Benin per USD 581 585 590 596 593
Burkina Faso per USD 581 585 590 596 593
Cameroon per USD 581 585 590 596 593
Central African Republic per USD 581 585 590 596 593
Chad per USD 581 585 590 596 593
Gabon per USD 581 585 590 596 593
Libya per USD 1.39 1.40 1.41 1.41 1.41 ... ...
Mali per USD 581 585 590 596 593
Niger per USD 581 585 590 596 593
Nigeria per USD 307 307 307 307 307
Sudan per USD 45.0 45.0 45.0 45.0 45.0 ... ...
Togo per USD 581 585 590 596 593