Exchange rate, new LCU per USD extended backward, period average in Nigeria

Nigeria: Exchange rate, new LCU per USD extended backward, period average was 1,385 in 2026. ◆ Volatile

Latest (2026)
1,385
Change on year
down 8.9%
World rank
28th
of 181 countries
All-time high
1,521
in 2025
All-time low
4.02
in 1987
Years of data
40
1987–2026

Exchange rate, new LCU per USD extended backward, period average in Nigeria, 1987–2026

05001.0k1.5k1987200620261987: 41988: 4.51989: 7.41990: 81991: 9.91992: 17.31993: 22.11994: 221995: 221996: 21.91997: 21.91998: 21.91999: 94.52000: 1052001: 115.62002: 122.42003: 1332004: 133.92005: 132.22006: 128.52007: 125.72008: 1192009: 149.82010: 1512011: 155.92012: 158.82013: 159.22014: 165.22015: 197.92016: 258.52017: 3342018: 361.72019: 361.12020: 381.12021: 407.22022: 426.12023: 638.42024: 1.5k2025: 1.5k2026: 1.4k

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

The most recent figure for exchange rate, new lcu per usd extended backward, period average in Nigeria is 1,385, measured in 2026.

The figure is down 8.9% on the previous year and up 435.7% over ten years.

Over the whole period, exchange rate, new lcu per usd extended backward, period average in Nigeria peaked at 1,521 in 2025 and was at its lowest, 4.02, in 1987.

That places Nigeria 28th out of 181 countries with data for 2026, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 5.31 4.02 7.37 3
1990s 26.15 8.04 94.51 10
2000s 126.51 104.97 149.77 10
2010s 230.34 151.03 361.68 10
2020s 892.1 381.1 1,521 7

Countries ranked near Nigeria

  1. 25 South Korea 1,464 compare
  2. 26 Rwanda 1,453 compare
  3. 27 Argentina 1,418 compare
  4. 29 Iraq 1,300 compare
  5. 30 Angola 925.75 compare
  6. 31 Chile 884.77 compare

See the full ranking of 192 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is exchange rate, new lcu per usd extended backward, period average in Nigeria?
Exchange rate, new lcu per usd extended backward, period average in Nigeria was 1,385 in 2026, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest exchange rate, new lcu per usd extended backward, period average recorded in Nigeria?
The highest recorded value was 1,521 in 2025.
What is the lowest exchange rate, new lcu per usd extended backward, period average recorded in Nigeria?
The lowest recorded value was 4.02 in 1987.
How does Nigeria rank for exchange rate, new lcu per usd extended backward, period average?
Nigeria ranks 28th out of 181 countries with data for 2026.
Is exchange rate, new lcu per usd extended backward, period average rising or falling in Nigeria?
Over the last ten years it is up 435.7%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Exchange rate, new LCU per USD extended backward, period average. Statizoid updates them automatically from the source API.

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About this data

Indicator
Exchange rate, new LCU per USD extended backward, period average
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 7,481 data points, 1987–2026
Last refreshed

Local currency units (LCU) per U.S. dollar, with values prior to the currency's introduction presented in the new currency's terms