FX rate to USD at the end of period rose 15.5% yoy to 1,537 per USD in Nigeria in March 2025, according to the National Statistical Office. This is 2.97% more than in the previous month.
Historically, FX rate to USD at the end of period in Nigeria reached an all time high of 1,670 per USD in October 2024 and an all time low of 0.528 per USD in October 1980. When compared to Nigeria's main peers, FX rate to USD at the end of period in Benin amounted to 607 per USD, 607 per USD in Cameroon, 607 per USD in Chad and 607 per USD in Niger in March 2025.
Nigeria has been ranked 7th within the group of 129 countries we follow in terms of FX rate to USD at the end of period, 38 places above the position seen 10 years ago.
| FX Rate to USD (End of Period) | Unit | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 | Nov 2024 | Dec 2024 | Jan 2025 | Feb 2025 | Mar 2025 | Apr 2025 |
| Algeria | per USD | 133 | 133 | 136 | 135 | 135 | ... | |||||||||||||||
| Benin | per USD | 603 | 621 | 631 | 631 | 630 | ||||||||||||||||
| Burkina Faso | per USD | 603 | 621 | 631 | 631 | 630 | ||||||||||||||||
| Cameroon | per USD | 603 | 621 | 631 | 631 | 630 | ||||||||||||||||
| Central African Republic | per USD | 603 | 621 | 631 | 631 | 630 | ||||||||||||||||
| Chad | per USD | 603 | 621 | 631 | 631 | 630 | ||||||||||||||||
| Gabon | per USD | 603 | 621 | 631 | 631 | 630 | ||||||||||||||||
| Libya | per USD | 4.82 | 4.88 | 4.92 | 4.91 | 4.89 | ... | |||||||||||||||
| Mali | per USD | 603 | 621 | 631 | 631 | 630 | ||||||||||||||||
| Niger | per USD | 603 | 621 | 631 | 631 | 630 | ||||||||||||||||
| Nigeria | per USD | 1,670 | 1,664 | 1,536 | 1,478 | 1,492 | ... | |||||||||||||||
| Sudan | per USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Togo | per USD | 603 | 621 | 631 | 631 | 630 |
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