Rate, Domestic currency per international dollar in PPP terms, ICP in Nigeria
Nigeria: Rate, Domestic currency per international dollar in PPP terms, ICP was 323.96 in 2031. ◆ Volatile
Rate, Domestic currency per international dollar in PPP terms, ICP in Nigeria, 1990–2031
Source: International Monetary Fund.
Analysis
The most recent figure for rate, domestic currency per international dollar in ppp terms, icp in Nigeria is 323.96, measured in 2031. That is the highest value across all 42 years on record.
Compared with earlier readings it is up 7.5% on the previous year and up 120.8% over ten years.
Over the whole period, rate, domestic currency per international dollar in ppp terms, icp in Nigeria peaked at 323.96 in 2031 and was at its lowest, 3.02, in 1990.
Nigeria ranks 3rd of 26 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Rate, Domestic currency per international dollar in PPP terms, ICP in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 3.02 | — |
| 1991 | 3.5 | +16.0% |
| 1992 | 5.11 | +46.0% |
| 1993 | 6.81 | +33.1% |
| 1994 | 9.31 | +36.7% |
| 1995 | 14.7 | +57.9% |
| 1996 | 18.11 | +23.2% |
| 1997 | 18.82 | +4.0% |
| 1998 | 20.27 | +7.7% |
| 1999 | 22.99 | +13.4% |
| 2000 | 27.69 | +20.4% |
| 2001 | 29.94 | +8.1% |
| 2002 | 35.84 | +19.7% |
| 2003 | 37.67 | +5.1% |
| 2004 | 43.26 | +14.8% |
| 2005 | 50.39 | +16.5% |
| 2006 | 58.95 | +17.0% |
| 2007 | 61.57 | +4.4% |
| 2008 | 66.87 | +8.6% |
| 2009 | 69.37 | +3.7% |
| 2010 | 77.16 | +11.2% |
| 2011 | 82.79 | +7.3% |
| 2012 | 88.81 | +7.3% |
| 2013 | 92.46 | +4.1% |
| 2014 | 95.11 | +2.9% |
| 2015 | 96.93 | +1.9% |
| 2016 | 105.19 | +8.5% |
| 2017 | 114.82 | +9.2% |
| 2018 | 123.92 | +7.9% |
| 2019 | 129.65 | +4.6% |
| 2020 | 134.64 | +3.9% |
| 2021 | 146.72 | +9.0% |
| 2022 | 148 | +0.9% |
| 2023 | 158.18 | +6.9% |
| 2024 | 176.09 | +11.3% |
| 2025 | 194.96 | +10.7% |
| 2026 | 218.34 | +12.0% |
| 2027 | 239.02 | +9.5% |
| 2028 | 259.67 | +8.6% |
| 2029 | 280.2 | +7.9% |
| 2030 | 301.43 | +7.6% |
| 2031 | 323.96 | +7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.26 | 3.02 | 22.99 | 10 |
| 2000s | 48.16 | 27.69 | 69.37 | 10 |
| 2010s | 100.68 | 77.16 | 129.65 | 10 |
| 2020s | 195.58 | 134.64 | 280.2 | 10 |
| 2030s | 312.7 | 301.43 | 323.96 | 2 |
Countries ranked near Nigeria
- 1 Iran, Islamic Republic of 959,625 compare
- 2 Korea 793.42 compare
- 4 Japan 95.19 compare
- 5 Türkiye 38.78 compare
- 6 Dominican Republic 27.22 compare
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is rate, domestic currency per international dollar in ppp terms, icp in Nigeria?
- Rate, domestic currency per international dollar in ppp terms, icp in Nigeria was 323.96 in 2031, according to International Monetary Fund.
- What is the highest rate, domestic currency per international dollar in ppp terms, icp recorded in Nigeria?
- The highest recorded value was 323.96 in 2031.
- What is the lowest rate, domestic currency per international dollar in ppp terms, icp recorded in Nigeria?
- The lowest recorded value was 3.02 in 1990.
- How does Nigeria rank for rate, domestic currency per international dollar in ppp terms, icp?
- Nigeria ranks 3rd out of 26 countries with data for 2031.
- Is rate, domestic currency per international dollar in ppp terms, icp rising or falling in Nigeria?
- Over the last ten years it is up 120.8%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Rate, Domestic currency per international dollar in PPP terms, ICP benchmarks 2017-2021 (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.