How to calculate USD to NGN exchange rate?

The easiest way to check the USD to NGN exchange rate is to use a reputable online currency converter or to check on Google. Simply enter the amount in USD you want to convert, to see the current mid-market exchange rate, and how much you'd finish up with in NGN if you exchange today. Don't forget to check the rates which are offered by your chosen provider against the mid-market exchange rate shown in our currency table, to make sure you're getting a good deal.

USD to NGN

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Reak Exchange Rate?
Banks and other providers often set their own, unfriendly exchange rates. That means that you pay more than you need to.

If you want to know the USD-NGN rate today, compare the real, mid-market exchange rate with what you find on Google or Reuters to understand how much you are actually paying for your transfer.

Free Transfer?
When a money transfer provider says they offer fee free transfers or 0% commission, you should probably look at the exchange rate they offer.

Usually, they add a mark-up to the rate, which makes your international money transfer expensive.

How much does it really cost?
How much a transfer really costs is made up of two things - the fees, and the exchange rate. So make sure you check both.

To see whether you're getting a good deal, look at how much of your money arrives on the other side.

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Each bank and currency exchange service sets its own USD to NGN exchange rate. That means you'll see lots of different rates out there when you start to research the best USD to NGN exchange rate.

To understand the rates available, it's helpful to know the mid-market exchange rate for your currency pair. You can find this from our currency table, or using an online currency converter. The mid-market exchange rate matters because it's the rate banks and currency exchange services get when they buy and sell currency on the global markets. By using the mid-market exchange rate as a benchmark, you can see if the provider has added a markup to the rate they pass on to customers.

Choose a provider which uses the mid-market USD to NGN exchange rate and charges a low, transparent conversion fee, to make sure you're getting the best overall price for your currency conversion.