USD to NGN in 2023
Monthly average United States Dollar/Nigerian Naira exchange rates in 2023, with the year’s high, low and change.
1 United States Dollar in Nigerian Naira, mid-market. 2023 opened at 388.00 and closed at 895.31.
USD to NGN Chart, 2023
USD to NGN by Month, 2023
Monthly average, high and low mid-market rates for 1 United States Dollar in Nigerian Naira during 2023.
| Month | Average | High | Low |
|---|---|---|---|
| January 2023 | 388.00 | 388.00 | 388.00 |
| February 2023 | 460.34 | 462.39 | 458.39 |
| March 2023 | 460.16 | 461.94 | 458.39 |
| April 2023 | 461.50 | 464.94 | 459.38 |
| May 2023 | 461.54 | 465.09 | 460.37 |
| June 2023 | 589.00 | 799.82 | 461.38 |
| July 2023 | 775.71 | 793.15 | 755.85 |
| August 2023 | 765.88 | 777.83 | 752.25 |
| September 2023 | 770.61 | 788.85 | 738.49 |
| October 2023 | 772.16 | 802.44 | 757.62 |
| November 2023 | 808.56 | 844.56 | 786.17 |
| December 2023 | 827.77 | 905.56 | 789.05 |
Source: daily mid-market rates. Averages are over trading days.
USD/NGN in 2023: key facts
In 2023, 1 United States Dollar was worth 629.50 NGN on average. The pair opened 2023 at 388.00 and closed at 895.31 — a change of +130.75%. The 2023 high was 905.56 NGN and the low was 388.00 NGN, based on 365 trading days of daily mid-market rates.
December had 2023’s highest monthly average at 827.77 NGN per USD; January had the lowest, at 388.00 NGN.
USD/NGN 2023 FAQ
What was the average USD/NGN rate in 2023?
In 2023, 1 USD was worth 629.50 NGN on average, ranging between a low of 388.00 and a high of 905.56 NGN over the year.
Which month had the USD/NGN rate highest and lowest in 2023?
December had the highest average rate in 2023, at 827.77 NGN per USD; January had the lowest, at 388.00 NGN.