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Home Business & Economy

CBN Releases Updated Dollar to Naira Exchange Rates

April 22, 2025
in Business & Economy
Reading Time: 1 min read
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According to the Central Bank of Nigeria (CBN), the proposed US dollar exchange rate as of April 21, 2025, is ₦1,599.9384.

This marks a 0.28% decline in the USD/NGN rate compared to the previous week’s opening rate of ₦1,604.4809 set by the CBN on Monday, April 14, 2025.

A monthly overview shows that the US dollar opened at ₦1,531.2451 on Wednesday, April 2, 2025. With the current rate at ₦1,599.9384 as of today, with the US dollar seen at ₦1,599.9384, we see a 4.49% increase for dollar-to-naira exchange rates in CBN for this April.

Current Exchange Rate (as per CBN):

1 US Dollar = 1,600.9384 Nigerian Naira

1 USD = 1,600.9384 NGN

1 NGN = 0.00062463 USD

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