1,000 Nigerian Naira to US Dollar today
₦1,000 = $0.74 USD
At the indicative interbank rate of 1 NGN = 0.000743 USD, live, August 2026. Updated 2026-08-28.
LiveUpdated 2026-08-28
₦1,000 NGN is worth about $0.74 USD at today's mid-market rate. That is only a fraction of one US Dollar — a figure people look up mainly to read the live rate or to price a small item. The naira moves with CBN policy and the gap between Nigeria's official and parallel-market windows, so this figure can shift quickly. The other way round, $1 USD buys about ₦1,345.90 NGN today.
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🇺🇸0.743USD
1 NGN = 0.000743 USD · Updated 2026-08-28 00:00
Common NGN → USD amounts
| NGN | USD |
|---|---|
| ₦10,000 | $7.43 |
| ₦100,000 | $74.30 |
| ₦1,000,000 | $743.00 |
FAQ
How much is 1,000 NGN in USD today?
₦1,000 NGN = $0.74 USD at today's indicative mid-market rate (1 NGN = 0.000743 USD), updated 2026-08-28. At this size the rate barely moves the result in absolute terms — but this is the exact figure you came for.
Is 1,000 NGN a lot of money?
Not really — 1,000 NGN is only $0.74 USD, a small figure most people convert just to read the live rate.
Where does this NGN/USD rate come from?
It's the live mid-market reference, refreshed daily. A bank or app sits 1%-4% below it — but for $0.74 USD, that gap is tiny.
How is 1,000 NGN to USD calculated?
We take the live mid-market rate — 1 NGN = 0.000743 USD — and multiply by 1,000: 1,000 × 0.000743 = 0.74 USD. The rate refreshes daily, so the result moves with the market.
The converted amount shown ($0.74 USD) is calculated at the indicative mid-market interbank rate, updated daily. Transfer services add a 1%-4% spread on top. This is not a transfer quote.