NGN to USD in 2023
Monthly average Nigerian Naira/United States Dollar exchange rates in 2023, with the year’s high, low and change.
1 Nigerian Naira in United States Dollar, mid-market. 2023 opened at 0.0025770 and closed at 0.0011170.
NGN to USD Chart, 2023
NGN to USD by Month, 2023
Monthly average, high and low mid-market rates for 1 Nigerian Naira in United States Dollar during 2023.
| Month | Average | High | Low |
|---|---|---|---|
| January 2023 | 0.0025770 | 0.0025770 | 0.0025770 |
| February 2023 | 0.0021720 | 0.0021820 | 0.0021630 |
| March 2023 | 0.0021730 | 0.0021820 | 0.0021650 |
| April 2023 | 0.0021670 | 0.0021770 | 0.0021510 |
| May 2023 | 0.0021670 | 0.0021720 | 0.0021500 |
| June 2023 | 0.0017900 | 0.0021670 | 0.0012500 |
| July 2023 | 0.0012890 | 0.0013230 | 0.0012610 |
| August 2023 | 0.0013060 | 0.0013290 | 0.0012860 |
| September 2023 | 0.0012980 | 0.0013540 | 0.0012680 |
| October 2023 | 0.0012950 | 0.0013200 | 0.0012460 |
| November 2023 | 0.0012370 | 0.0012720 | 0.0011840 |
| December 2023 | 0.0012120 | 0.0012670 | 0.0011040 |
Source: daily mid-market rates. Averages are over trading days.
NGN/USD in 2023: key facts
In 2023, 1 Nigerian Naira was worth 0.0017210 USD on average. The pair opened 2023 at 0.0025770 and closed at 0.0011170 — a change of −56.66%. The 2023 high was 0.0025770 USD and the low was 0.0011040 USD, based on 365 trading days of daily mid-market rates.
January had 2023’s highest monthly average at 0.0025770 USD per NGN; December had the lowest, at 0.0012120 USD.
NGN/USD 2023 FAQ
What was the average NGN/USD rate in 2023?
In 2023, 1 NGN was worth 0.0017210 USD on average, ranging between a low of 0.0011040 and a high of 0.0025770 USD over the year.
Which month had the NGN/USD rate highest and lowest in 2023?
January had the highest average rate in 2023, at 0.0025770 USD per NGN; December had the lowest, at 0.0012120 USD.