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USDT/NGN · Live Rate

Tether USD to
Nigerian Naira

Parallel market rate. Updated every minute from live P2P sources.

Parallel Market Rate
₦1,353
per 1 USDT
CBN official basis
₦1,332
Spread
+1.6%
Quick Conversion
1 USDT₦1,353
10 USDT₦13,530
50 USDT₦67,650
100 USDT₦135,300
500 USDT₦676,500
1,000 USDT₦1,353,000
5,000 USDT₦6,765,000
Underlying NGN basis

Rate confidence

74/100Normal confidence

The snapshot is usable, with one or more quality checks currently under watch.

Data freshness
2 minutes35/35

The latest persisted aggregate is inside the 10-minute verification window.

Source agreement
3.13% range10/30

Source disagreement is elevated but still inside outlier controls.

Source coverage
2 independent feeds14/20

The aggregate is backed by more than one independently fetched market feed.

Official context
2d old15/15

A recent CBN NFEM publication is available for market context.

Independent readings
bybit p2p · ₦1,375coingecko · ₦1,332.57
Full methodology →

This score evaluates the USD/NGN market basis used to calculate USDT/NGN. It measures data quality, not future price direction.

USD/NGN
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Frequently Asked Questions

What is the current USDT to NGN rate?

Since Tether (USDT) is pegged 1:1 to the US Dollar, the USDT/NGN rate mirrors the USD/NGN parallel market rate shown above.

Why is USDT popular for Nigeria remittances?

USDT is fast, borderless, and trades close to the USD parallel rate on P2P platforms like Binance and Bybit — making it the most popular way to move money in and out of Nigeria.

Is USDT the same as USD?

USDT (Tether) is a stablecoin pegged to 1 USD. It trades at approximately 1:1 with USD on most exchanges.

How do I convert USDT to Naira?

Multiply your USDT amount by the current rate. At ₦1,600/USDT, 100 USDT equals ₦160,000.

Compare Other Rates
USD/NGNGBP/NGNEUR/NGNCAD/NGNAUD/NGNBTC/NGNETH/NGN