Official exchange rate

426.0 (LCU per US dollars) in 2022

In 2022, exchange rate for Nigeria was 426 LCU per US dollars. Exchange rate of Nigeria increased from 0.7 LCU per US dollars in 1973 to 426 LCU per US dollars in 2022 growing at an average annual rate of 19.55%.

The description is composed by our digital data assistant.

Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).

Date Value Change, %
2022 426.0 6.19%
2021 401.2 11.80%
2020 358.8 16.91%
2019 306.9 0.27%
2018 306.1 0.10%
2017 305.8 20.63%
2016 253.5 31.72%
2015 192.4 21.37%
2014 158.6 0.79%
2013 157.3 -0.12%
2012 157.5 2.36%
2011 153.9