South Korea vs Nigeria: Official exchange rate, LCU per USD, period average
South Korea
1,464
in 2026
Nigeria
1,385
in 2026
South Korea rank
27th
Nigeria rank
30th
Official exchange rate, LCU per USD, period average over time
- South Korea
- Nigeria
How they compare
South Korea currently reports 1,464 against 1,385 in Nigeria, a difference of 79.
That makes South Korea's figure about 1.1 times Nigeria's.
The two have swapped places 2 times across 40 shared years of data; in 1987 it was South Korea ahead.
South Korea ranks 27th and Nigeria ranks 30th of 193 countries.
South Korea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | South Korea | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 745.21 | 5.31 | 739.9 | South Korea |
| 1990s | 893.91 | 26.15 | 867.76 | South Korea |
| 2000s | 1,129 | 126.51 | 1,003 | South Korea |
| 2010s | 1,123 | 230.34 | 892.41 | South Korea |
| 2020s | 1,310 | 892.1 | 418.15 | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, lcu per usd, period average, South Korea or Nigeria?
- South Korea, at 1,464 against 1,385 in Nigeria as of 2026.
- What is the difference in official exchange rate, lcu per usd, period average between South Korea and Nigeria?
- 79, with South Korea ahead.
- How many years of comparable data are there for South Korea and Nigeria?
- 40 years are reported by both, from 1987 to 2026.
- How do South Korea and Nigeria rank globally for official exchange rate, lcu per usd, period average?
- South Korea ranks 27th and Nigeria ranks 30th of 193 countries.
- Where does this data come from?
- World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as Official exchange rate, LCU per USD, period average. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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).