FX rate to USD at the end of period rose 94.9% to 897 per USD in Nigeria in 2023, according to the National Statistical Office.
Historically, FX rate to USD at the end of period in Nigeria reached an all time high of 897 per USD in 2023 and an all time low of 0.544 per USD in 1980. When compared to Nigeria's main peers, FX rate to USD at the end of period in Benin amounted to 594 per USD, 594 per USD in Cameroon, 594 per USD in Chad and 594 per USD in Niger in 2023.
Nigeria has been ranked 21st within the group of 168 countries we follow in terms of FX rate to USD at the end of period, 26 places above the position seen 10 years ago.
| FX Rate to USD (End of Period) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Algeria | per USD | 115 | 118 | 119 | 132 | 139 | ||||||||||||||||
| Benin | per USD | 547 | 573 | 584 | 535 | 579 | ||||||||||||||||
| Burkina Faso | per USD | 547 | 573 | 584 | 535 | 579 | ||||||||||||||||
| Cameroon | per USD | 547 | 573 | 584 | 535 | 579 | ||||||||||||||||
| Central African Republic | per USD | 547 | 573 | 584 | 535 | 579 | ||||||||||||||||
| Chad | per USD | 547 | 573 | 584 | 535 | 579 | ||||||||||||||||
| Gabon | per USD | 547 | 573 | 584 | 535 | 579 | ||||||||||||||||
| Libya | per USD | 1.36 | 1.39 | 1.40 | 1.34 | 4.60 | ||||||||||||||||
| Mali | per USD | 547 | 573 | 584 | 535 | 579 | ||||||||||||||||
| Niger | per USD | 547 | 573 | 584 | 535 | 579 | ||||||||||||||||
| Nigeria | per USD | 306 | 307 | 307 | 381 | 435 | ||||||||||||||||
| Sudan | per USD | 6.68 | 47.5 | 45.0 | 55.0 | 436 | ||||||||||||||||
| Togo | per USD | 547 | 573 | 584 | 535 | 579 |
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