Nigerian Currency

Visiting Nigeria and needs to know the name of the Nigerian money unit or just want to know how much is $50 American dollars in Nigerian currency?

Use the links on this page to learn more about the local money in Nigeria, currency symbol, notes and more.


Nigerian Currency Exchange Rate Today

Nigeria Money

  • The local money used in Nigeria is Naira.

  • The currency symbol of the Nigerian money is .

  • The Nigerian currency code is NGN.

  • The Naira Notes: The Nigerian currency notes are made up of 5, 10, 20, 50, 100, 200, 500 & 1000 naira.

  • The Naira Coins: 1 Naira is made up of 100 Kobos. Nigerian Kobo Coins go from ½, 1, 5, 10, 25, 50 kobo, 1 & 2 naira.

What is the best currency to use in Nigeria? obviously it is best to convert your currency to Nigerian money and use the local Naira as it is accepted everywhere in Nigeria. US dollars and other major currencies like British Pound or Swiss Franc are not readily accepted in most business establishments, however some major hotel chains, restaurants and shops may accept US dollars at an agreed upon exchange rate.

Are credit cards widely accepted in Nigeria? Major credit cards, like Mastercard and Visa, are usually accepted within Nigeria (at hotels, restaurants, shops, travel agencies etc.). American Express is less common and can attract surcharges if you are able to use in an establishment - therefore check before you use it.

What is the exchange rate for Naira to US Dollars?

Exchange rates for foreign currencies are often changing and in most cases by the minute.

It’s wise to check the today's money exchange rate for US Dollar to Nigerian Naira before buying the Naira you require for your up coming trip at American Dollar to Naira Exchange Rate Today.

What is the exchange rate for Naira to British Pound?

Exchange rates for foreign currencies are often changing and in most days by the minute.

It’s wise to check out the today's currency exchange rate for British Pound to Nigerian Naira before ordering the Naira you need for your up coming trip at Stirling Pound to Naira Exchange Rate Today.