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FX Rate to USD (End of Period) rose 94.9% to 897 per USD in Nigeria in 2023

FX Rate to USD (End of Period) (per USD), 2023
Economy | Nigeria | November 24, 2024
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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 24th within the group of 170 countries we follow in terms of FX rate to USD at the end of period, 23 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