Figures checked 1 November 2026
Election 2027: 16 January
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Official exchange rate (LCU per US$, period average)

₦1,518.38 Nigeria, 2025

Up 2.7% from ₦1,478.97 in 2024.

Official statisticYearly

Source: World Bank · World Development Indicators · PA.NUS.FCRF · version 3, published 2 Nov 2026 · CC-BY-4.0

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How we know

Definition
Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. This indicator represents the ratio of Local Currency Units relative to United States dollars.This indicator is derived as an average over the reference period.
Type of figure
Official statistic. Published by a national authority, such as the statistics office or the central bank, and compiled by the source shown.
Updated
Yearly
Compiled from
International Financial Statistics database, International Monetary Fund (IMF)
Source
World Bank, World Development Indicators (PA.NUS.FCRF)
Licence
CC-BY-4.0
Version
Dataset wb-wdi-nigeria, version 3, published 2 November 2026
Cite this
World Bank, World Development Indicators, indicator PA.NUS.FCRF. Retrieved via DataNigeria (dataset wb-wdi-nigeria, version 3, published 2 November 2026). Licence: CC-BY-4.0.

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All years

YearValue
2025₦1,518.38
2024₦1,478.97
2023₦645.19
2022₦425.98
2021₦401.15
2020₦358.81
2019₦306.92
2018₦306.08
2017₦305.79
2016₦253.49
2015₦192.44
2014₦158.55
2013₦157.31
2012₦157.50
2011₦153.86
2010₦150.30
2009₦148.88
2008₦118.57
2007₦125.81
2006₦128.65
2005₦131.27
2004₦132.89
2003₦129.22
2002₦120.58
2001₦111.23
2000₦101.70
1999₦92.34
1998₦21.89
1997₦21.89
1996₦21.88
1995₦21.90
1994₦22.00
1993₦22.07
1992₦17.30
1991₦9.91
1990₦8.04
1989₦7.36
1988₦4.54
1987₦4.02
1986₦1.75
1985₦0.89
1984₦0.77
1983₦0.72
1982₦0.67
1981₦0.62
1980₦0.55
1979₦0.60
1978₦0.64
1977₦0.64
1976₦0.63
1975₦0.62
1974₦0.63
1973₦0.66
1972₦0.66
1971₦0.71
1970₦0.71
1969₦0.71
1968₦0.71
1967₦0.71
1966₦0.71
1965₦0.71
1964₦0.71
1963₦0.71
1962₦0.71
1961₦0.71
1960₦0.71