USDT to NGN rate — Nigeria

A typical buy costs 1,370 NGN and a typical sell fetches 1,369 NGN. 5 venues carry the currency, with 1,815 ads live right now.

…
SpreadRadar bot on Telegram

P2P rates, funding rates and cross-exchange spreads — right in your chat, no sign-up.

Open the bot

Frequently asked questions

What does USDT cost in NGN?

Roughly 1,370 NGN to buy and 1,369 NGN to sell. Those are medians across all venues; the table above updates live.

Which exchanges carry NGN?

Bybit, HTX, lbank, MEXC, weex — 5 venues in total.

Why do prices differ between exchanges?

The gap is small. The venues are connected and differences close quickly.

What is the buy-sell gap?

The distance between what people give the currency up for and what they take it back at. Buying and immediately selling costs you exactly that, currently about 0.07%.

How the Nigerian Naira market is shaped

The Nigerian Naira trades on 5 of the venues we cover, and right now they hold around 1,815 ads totalling 353K USDT. Most of them sit on Bybit.

The typical price is 1,370 NGN to buy and 1,369 NGN to sell. The gap between them, 0.07%, is exactly what you lose buying and immediately selling back. It is not an exchange fee but the natural distance between demand and supply, and it narrows as the market deepens.

How this compares with other currencies

By ad count this is the 3rd largest of the 58 currencies with a page of their own here.

What to check before trading, and where the numbers come from →

Rates in other currencies