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Converting dollars → naira
How many dollars do you want to convert?
Enter any amount — the conversion updates instantly
$
You get
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Today's live rates (tap to switch)
🇺🇸
1 USD
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NGN
🇬🇧
1 GBP
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NGN
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1 EUR
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NGN
Frequently asked questions
How much is 1 dollar in naira today?
The dollar to naira rate changes every day. This calculator fetches the live official mid-market rate automatically so you always see the most current figure. Enter 1 in the amount box with USD selected to see today's exact rate.
What is the difference between the official rate and the black market rate?
The official rate is set by the Central Bank of Nigeria (CBN) and used by banks and licensed bureaux de change. The black market or parallel market rate is what you get from street traders and is often slightly higher. This calculator uses the official mid-market rate from global financial markets.
How often is the rate updated?
The rate is fetched live from a financial data provider each time you open or refresh the page. It reflects the mid-market rate — the midpoint between buying and selling prices in the global currency market — and is typically accurate to within minutes.
Can I convert naira back to dollars or pounds?
Yes. Use the direction toggle (the "→ Naira" / "→ Dollars" buttons) to switch between converting foreign currency to naira, or naira to foreign currency.
Why is my bank rate different from what this shows?
Banks and money transfer services add their own margin on top of the mid-market rate — that is how they make money. This calculator shows the raw mid-market rate. Your actual bank rate will usually be slightly worse (higher when buying foreign currency, lower when selling).
Is this calculator really free?
Completely free, with no sign-up required. NairaCalc is built to help Nigerians make better financial decisions without any cost.