Stay updated with the current Nigeria Customs Dollar Exchange Rate. This rate is essential for importers, exporters, and businesses involved in international trade in Nigeria. Below, you’ll find the most recent rate, historical trends, and insights into how this affects trade and customs duty calculations.
Today’s Rate:
Currency Code
Currency Name
Rate
AED
United Arab Emirates Dirham
418.25
AUD
Australian Dollar
914.398
BRL
Brazil Real
298.09
CAD
Canada Dollar
1125.04
CFA
CFA Franc – BCEAO
2.311
CHF
Switzerland Franc
1696.912
CNY
China Yuan Renminbi
211.336
CVE
Cape verde Escudo
8.047
CZK
Czech Republic Koruna
60.973
DKK
Denmark Krone
213.382
EGP
Egypt Pound
32.813
ETB
Ethiopian Birr
25.979
EUR
Euro member countries
1592.215
FCF
BCEAO
1.352
GBP
United kingdom Pound
1888.47
GHS
Ghana Cedi
70.235
GMD
Gambia Dalasi
13.179
GNF
Guinea Franc
0.096
HKD
Hong Kong Dollar
180.062
HUF
Hungary Forint
2.718
IDR
Indonesia Rupiah
0.09
ILS
Israel Shekel
388.34
INR
India Rupee
18.95
JPY
Japanese Yen
9.934
KES
Kenyan Shilling
6.204
KRW
South Korean Won
1.112
LRD
Liberian Dollar
4.341
MAD
Morocco Dirham
135.758
MUR
Mauritius Rupee
21.435
MXN
Mexican Peso
86.689
MYR
Malaysian Ringgit
204.012
NGN
Nigeria Naira
1
NOK
Norwegian krone
132.093
PHP
Philippine Peso
25.202
PKR
Pakistan Rupee
3.343
PLN
Poland Zloty
238.373
RUB
Russia Rouble
10.319
SAR
Saudi Arabia Riyal
412.944
SDG
Sudan Pound
1.581
SEK
Swedish Krona
91.115
SGD
Singapore Dollar
1055.023
SLL
Sierra leone Leone
36.071
THB
Thailand Baht
27.005
TND
Tunisian Dinar
304.892
TRY
Turkish Lira
43.38
TWD
New Taiwan Dollar
30.184
USD
United States Dollar
1549.45
WAU
WEST AFRICAN UNITS ACCOUNTS
2009.149
XAF
Communaute Financiere Africaine CFA
0.711
XDR
International Monetary Fund (IMF)
550.764
XOF
Communaute Financiere Africaine BCE
0.711
ZAR
South Africa Rand
82.188
ZMK
Zambia Kwacha
39.664
How It Affects Traders:
- Higher exchange rates may increase the cost of duty payments, leading to higher overall costs for imports.
- Importers of luxury items like cars may see a significant rise in clearing fees.
- Exporters benefit if their goods are priced in dollars, as revenue will convert to more naira.
Tips for Importers and Exporters:
- Use customs duty calculators to estimate payments accurately.
- Monitor trends and budget accordingly for fluctuating rates.
- Stay updated by subscribing to our blog or following our social media channels.
Stay informed to make better business decisions!